While J.B. Hunt Transport Services, Inc. has underperformed by -3.70%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, JBHT fell by -11.49%, with highs and lows ranging from $219.51 to $153.12, whereas the simple moving average fell by -2.63% in the last 200 days.
On October 16, 2024, TD Cowen Reiterated J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) to Hold. A report published by Citigroup on October 09, 2024, Initiated its previous ‘Buy’ rating for JBHT. TD Cowen also reiterated JBHT shares as ‘Hold’, quoting a target price of $161 on the company’s shares in a report dated July 17, 2024. Wells Fargo Initiated an Overweight rating on June 07, 2024, and assigned a price target of $185. TD Cowen resumed its ‘Hold’ rating for JBHT, as published in its report on April 17, 2024. Barclays’s report from April 01, 2024 suggests a price prediction of $200 for JBHT shares, giving the stock a ‘Equal Weight’ rating. UBS also rated the stock as ‘Buy’.
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Analysis of J.B. Hunt Transport Services, Inc. (JBHT)
With JBHT’s current dividend of $1.71 per share, investors can expect to earn a return regardless of performance. Further, the quarter-over-quarter decrease in sales is -3.02%, showing a negative trend in the upcoming months.
J.B. Hunt Transport Services, Inc.’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of 14.19% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.21, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and JBHT has an average volume of 861.22K. On a monthly basis, the volatility of the stock is set at 2.48%, whereas on a weekly basis, it is put at 3.89%, with a gain of 4.56% over the past seven days. Furthermore, long-term investors anticipate a median target price of $189.62, showing growth from the present price of $173.48, which can serve as yet another indication of whether JBHT is worth investing in or should be passed over.
How Do You Analyze J.B. Hunt Transport Services, Inc. Shares?
Integrated Freight & Logistics giant J.B. Hunt Transport Services, Inc. (JBHT) is based in the USA and is one of the largest companies in the market. When comparing J.B. Hunt Transport Services, Inc. shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 31.51, there is a growth in quarterly earnings of -17.07%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 20.23%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 75.28% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
JBHT shares are owned by institutional investors to the tune of 75.28% at present.
