J.B. Hunt Transport Services (NASDAQ: JBHT) has recently received a number of price target changes and ratings updates:

  • 10/16/2017 – J.B. Hunt Transport Services was downgraded by analysts at Cowen and Company from an “outperform” rating to a “market perform” rating. They now have a $101.00 price target on the stock, down previously from $102.00.
  • 10/16/2017 – J.B. Hunt Transport Services had its “market perform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $100.00 price target on the stock, up previously from $95.00.
  • 10/16/2017 – J.B. Hunt Transport Services had its price target lowered by analysts at Stifel Nicolaus from $114.00 to $111.00. They now have a “buy” rating on the stock.
  • 10/16/2017 – J.B. Hunt Transport Services had its “buy” rating reaffirmed by analysts at Loop Capital. They now have a $116.00 price target on the stock.
  • 10/16/2017 – J.B. Hunt Transport Services was given a new $115.00 price target on by analysts at UBS AG. They now have a “hold” rating on the stock.
  • 10/12/2017 – J.B. Hunt Transport Services had its “buy” rating reaffirmed by analysts at Credit Suisse Group. They now have a $114.00 price target on the stock, up previously from $100.00. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 10/12/2017 – J.B. Hunt Transport Services had its price target raised by analysts at J P Morgan Chase & Co from $108.00 to $121.00. They now have an “overweight” rating on the stock.
  • 10/6/2017 – J.B. Hunt Transport Services had its “hold” rating reaffirmed by analysts at Robert W. Baird. They now have a $112.00 price target on the stock.
  • 10/4/2017 – J.B. Hunt Transport Services had its “buy” rating reaffirmed by analysts at Loop Capital. They now have a $116.00 price target on the stock, up previously from $103.00.
  • 10/2/2017 – J.B. Hunt Transport Services had its price target raised by analysts at Barclays PLC from $97.00 to $105.00. They now have an “equal weight” rating on the stock.
  • 10/1/2017 – J.B. Hunt Transport Services had its “buy” rating reaffirmed by analysts at Cowen and Company. They now have a $102.00 price target on the stock.
  • 9/29/2017 – J.B. Hunt Transport Services was upgraded by analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating. They now have a $125.00 price target on the stock, up previously from $91.00.
  • 9/22/2017 – J.B. Hunt Transport Services had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $115.00 price target on the stock.
  • 9/20/2017 – J.B. Hunt Transport Services had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $95.00 price target on the stock.
  • 9/19/2017 – J.B. Hunt Transport Services was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $115.00 price target on the stock. According to Zacks, “J.B. Hunt’s efforts to reward shareholders is impressive. In Jan 2016, the company raised its quarterly dividend by 4.5%. The company expects intermodal growth in 2017 to be driven by the increase in transloads, addition of new customers among others. J.B. Hunt’s expansion efforts are also appreciative. The company recently acquired Special Logistics Dedicated to enhance e-commerce delivery capabilities. However, the company has been struggling on the bottom line front due to higher operating expenses. Lower customer rates also present a challenge for the company. Moreover, J.B. Hunt is a highly leveraged company and its high debt levels raise concerns. In fact, shares of the company have underperformed its industry on a year-to-date basis. “
  • 8/25/2017 – J.B. Hunt Transport Services had its “buy” rating reaffirmed by analysts at Cowen and Company. They now have a $102.00 price target on the stock.
  • 8/23/2017 – J.B. Hunt Transport Services was given a new $91.00 price target on by analysts at Stifel Nicolaus. They now have a “hold” rating on the stock.

J.B. Hunt Transport Services, Inc. (JBHT) traded up 0.78% during trading on Tuesday, reaching $102.43. The company had a trading volume of 928,970 shares. The firm’s 50 day moving average is $103.94 and its 200 day moving average is $93.62. The company has a market capitalization of $11.24 billion, a PE ratio of 27.30 and a beta of 0.96. J.B. Hunt Transport Services, Inc. has a one year low of $76.20 and a one year high of $111.98.

J.B. Hunt Transport Services (NASDAQ:JBHT) last issued its quarterly earnings results on Friday, October 13th. The transportation company reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.96 by ($0.05). J.B. Hunt Transport Services had a return on equity of 29.28% and a net margin of 6.05%. The business had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter in the previous year, the company posted $0.97 earnings per share. The company’s quarterly revenue was up 9.0% compared to the same quarter last year. On average, equities research analysts predict that J.B. Hunt Transport Services, Inc. will post $3.73 earnings per share for the current year.

In other news, SVP John Kuhlow sold 810 shares of the stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $93.71, for a total value of $75,905.10. Following the sale, the senior vice president now directly owns 3,999 shares in the company, valued at $374,746.29. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Bradley W. Hicks sold 1,000 shares of the stock in a transaction that occurred on Friday, August 11th. The stock was sold at an average price of $94.73, for a total value of $94,730.00. Following the completion of the sale, the executive vice president now owns 18,690 shares in the company, valued at $1,770,503.70. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,052,872 shares of company stock worth $103,066,436. Company insiders own 4.30% of the company’s stock.

J.B. Hunt Transport Services, Inc is a surface transportation, delivery, and logistics company in North America. The Company segments include Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The Company, through its subsidiaries, provides transportation and delivery services to a range of customers and consumers throughout the continental United States, Canada and Mexico.

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