JB Hunt Transport Services Inc. (NASDAQ:JBHT) has received a consensus rating of “Buy” from the nineteen analysts that are presently covering the firm. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $92.21.

A number of equities research analysts have issued reports on JBHT shares. Zacks Investment Research lowered shares of JB Hunt Transport Services from a “hold” rating to a “sell” rating in a report on Monday, October 3rd. Barclays PLC cut their target price on shares of JB Hunt Transport Services from $95.00 to $90.00 and set an “overweight” rating for the company in a report on Monday, September 12th. KeyCorp reissued a “buy” rating and issued a $92.00 target price on shares of JB Hunt Transport Services in a report on Sunday. BB&T Corp. reissued a “buy” rating and issued a $93.00 target price on shares of JB Hunt Transport Services in a report on Thursday, July 7th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $84.00 target price (down from $88.00) on shares of JB Hunt Transport Services in a report on Tuesday, July 19th.

Shares of JB Hunt Transport Services (NASDAQ:JBHT) opened at 81.26 on Monday. The company has a market capitalization of $9.16 billion, a price-to-earnings ratio of 21.36 and a beta of 0.92. JB Hunt Transport Services has a 12-month low of $63.58 and a 12-month high of $89.43. The company’s 50-day moving average is $80.46 and its 200-day moving average is $82.11.

JB Hunt Transport Services (NASDAQ:JBHT) last announced its quarterly earnings data on Monday, July 18th. The company reported $0.92 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by $0.05. JB Hunt Transport Services had a net margin of 6.88% and a return on equity of 33.52%. The company had revenue of $1.62 billion for the quarter, compared to analysts’ expectations of $1.62 billion. During the same period last year, the business earned $0.88 earnings per share. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. Analysts predict that JB Hunt Transport Services will post $3.91 EPS for the current year.

In other news, EVP Terrence D. Matthews sold 18,122 shares of the firm’s stock in a transaction on Thursday, July 21st. The stock was sold at an average price of $81.50, for a total transaction of $1,476,943.00. Following the transaction, the executive vice president now owns 4,252 shares in the company, valued at $346,538. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman James K. Thompson sold 20,000 shares of the firm’s stock in a transaction on Wednesday, July 20th. The shares were sold at an average price of $81.18, for a total value of $1,623,600.00. Following the transaction, the chairman now owns 67,921 shares in the company, valued at approximately $5,513,826.78. The disclosure for this sale can be found here. Insiders own 4.50% of the company’s stock.

Several institutional investors have recently made changes to their positions in JBHT. Genesee Valley Trust Co. purchased a new position in shares of JB Hunt Transport Services during the third quarter valued at approximately $280,000. Capstone Asset Management Co. raised its position in shares of JB Hunt Transport Services by 7.0% in the third quarter. Capstone Asset Management Co. now owns 9,138 shares of the company’s stock valued at $741,000 after buying an additional 600 shares in the last quarter. Atria Investments LLC raised its position in shares of JB Hunt Transport Services by 82.3% in the third quarter. Atria Investments LLC now owns 5,198 shares of the company’s stock valued at $422,000 after buying an additional 2,347 shares in the last quarter. Oregon Public Employees Retirement Fund raised its position in shares of JB Hunt Transport Services by 6.2% in the third quarter. Oregon Public Employees Retirement Fund now owns 21,051 shares of the company’s stock valued at $1,708,000 after buying an additional 1,231 shares in the last quarter. Finally, Oliver Luxxe Assets LLC raised its position in shares of JB Hunt Transport Services by 14.6% in the third quarter. Oliver Luxxe Assets LLC now owns 8,222 shares of the company’s stock valued at $667,000 after buying an additional 1,046 shares in the last quarter. Hedge funds and other institutional investors own 71.59% of the company’s stock.

JB Hunt Transport Services Company Profile

J.B. Hunt Transport Services, Inc is a holding company. The Company is a surface transportation, delivery, and logistics company in North America. The Company, through its subsidiaries, provides transportation and delivery services to various customers and consumers throughout the continental United States, Canada and Mexico.

5 Day Chart for NASDAQ:JBHT

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