J.B. Hunt Transport Services (NASDAQ:JBHT) Stock Gets Price Target Trim from JPMorgan Chase & Co.

J.B. Hunt Transport Services (NASDAQ:JBHT) had its price objective decreased by JPMorgan Chase & Co. from $287.00 to $283.00 in a research note published on Friday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the transportation company’s stock.

A number of other analysts have also commented on the company. Wells Fargo & Company decreased their price objective on J.B. Hunt Transport Services from $305.00 to $285.00 and set an “overweight” rating on the stock in a research note on Friday. William Blair set a $300.00 price objective on J.B. Hunt Transport Services in a research report on Friday. Stifel Nicolaus cut their target price on shares of J.B. Hunt Transport Services from $292.00 to $289.00 and set a “hold” rating for the company in a research note on Thursday, October 8th. Robert W. Baird reduced their target price on shares of J.B. Hunt Transport Services from $320.00 to $290.00 and set an “outperform” rating on the stock in a report on Thursday, September 17th. Finally, Sanford C. Bernstein reduced their target price on shares of J.B. Hunt Transport Services from $329.00 to $307.00 and set an “outperform” rating on the stock in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, J.B. Hunt Transport Services currently has a consensus rating of “Moderate Buy” and an average target price of $274.12.

J.B. Hunt Transport Services Stock Performance

Shares of J.B. Hunt Transport Services stock opened at $228.78 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.23 and a quick ratio of 1.26. J.B. Hunt Transport Services has a 1 year low of $157.82 and a 1 year high of $299.76. The company has a market capitalization of $21.49 billion, a P/E ratio of 32.13, a P/E/G ratio of 1.92 and a beta of 1.31. The business has a 50 day moving average price of $251.71 and a 200 day moving average price of $259.44.

J.B. Hunt Transport Services (NASDAQ:JBHT) last released its quarterly earnings results on Thursday, October 15th. The transportation company reported $1.82 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.01. J.B. Hunt Transport Services had a return on equity of 18.72% and a net margin of 5.07%. The company had revenue of $3.68 billion during the quarter, compared to the consensus estimate of $3.59 billion. During the same quarter last year, the business posted $1.76 earnings per share. J.B. Hunt Transport Services’s revenue was up 20.4% compared to the same quarter last year. Sell-side analysts anticipate that J.B. Hunt Transport Services will post 7.26 EPS for the current fiscal year.

J.B. Hunt Transport Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 21st. Shareholders of record on Friday, August 7th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, August 7th. J.B. Hunt Transport Services’s dividend payout ratio is currently 25.28%.

Institutional Investors Weigh In On J.B. Hunt Transport Services

Several hedge funds have recently made changes to their positions in the business. Elevation Wealth Partners LLC lifted its holdings in shares of J.B. Hunt Transport Services by 500.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 150 shares of the transportation company’s stock worth $43,000 after acquiring an additional 125 shares during the period. Basecamp Wealth Advisors LLC boosted its position in shares of J.B. Hunt Transport Services by 250.0% in the first quarter. Basecamp Wealth Advisors LLC now owns 217 shares of the transportation company’s stock worth $46,000 after acquiring an additional 155 shares during the last quarter. Parkside Financial Bank & Trust grew its holdings in J.B. Hunt Transport Services by 17.9% in the second quarter. Parkside Financial Bank & Trust now owns 250 shares of the transportation company’s stock valued at $72,000 after purchasing an additional 38 shares during the period. Westpac Banking Corp purchased a new stake in J.B. Hunt Transport Services in the first quarter valued at approximately $102,000. Finally, SJS Investment Consulting Inc. grew its holdings in J.B. Hunt Transport Services by 17.5% in the first quarter. SJS Investment Consulting Inc. now owns 570 shares of the transportation company’s stock valued at $121,000 after purchasing an additional 85 shares during the period. Institutional investors and hedge funds own 74.95% of the company’s stock.

Key J.B. Hunt Transport Services News

Here are the key news stories impacting J.B. Hunt Transport Services this week:

• Positive Sentiment: J.B. Hunt reported third-quarter revenue of $3.68 billion, up 20.4% year over year and above the $3.59 billion consensus estimate. Earnings of $1.82 per share also narrowly exceeded the $1.81 estimate, supported by intermodal growth and stronger pricing. J.B. Hunt Q3 Earnings Beat on Intermodal Growth and Strong Pricing
• Positive Sentiment: Citigroup raised its price target to $263 from $254 while keeping a Neutral rating. Citizens JMP also reaffirmed its Market Outperform rating with a $300 target, and JPMorgan retained an Overweight rating with a $283 target, indicating meaningful long-term upside potential.
• Neutral Sentiment: TD Cowen modestly reduced its price target to $279 from $283. The mixed analyst actions suggest confidence in J.B. Hunt’s growth prospects but less certainty about the near-term earnings trajectory. TD Cowen Adjusts J.B. Hunt Price Target
• Negative Sentiment: Operating expenses increased to $3.43 billion, with fuel, driver and insurance costs squeezing margins. Profit growth lagged revenue growth, making the headline earnings beat less encouraging to investors. JPMorgan also warned that markets may be overestimating how quickly margins can improve. J.B. Hunt Analysts Discuss Margin Recovery
• Negative Sentiment: Separate law-firm announcements concerning investigations into potential investor claims add an overhang, although no findings or liability have been established. Rosen Investor Investigation Announcement

About J.B. Hunt Transport Services

J.B. Hunt Transport Services, Inc is a transportation and logistics company headquartered in Lowell, Arkansas. Founded in 1961 by Johnnie Bryan Hunt and his wife, Nellie, the company has grown into a major provider of freight transportation services across North America.

The company’s principal operations include intermodal transportation, which combines rail and truck services; dedicated contract services, which provide customized transportation capacity and fleet management for individual customers; and integrated logistics solutions, including freight brokerage and third-party logistics.