From what 22 stock analysts predict, the share price for JB Hunt Transport Services Inc (JBHT) might increase by 10.11% in the next year. This is based on a 12-month average estimation for JBHT. Price targets go from $151 to $211. The majority of stock analysts believe JBHT is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 22 Wall Street analysts have assignedJBHT 13 buy ratings, 9 hold ratings, and 0 sell ratings. This means that analysts expect JB Hunt Transport Services Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on JBHT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of JBHT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Vijay Kumar Evercore ISI Group | Outperform | $183 | Maintains | Oct 3, 2024 |
Christopher Kuhn Benchmark | Buy | $185 | Reiterates | Oct 2, 2024 |
Bascome Majors Susquehanna | Neutral | $160 | Maintains | Sep 26, 2024 |
Fadi Chamoun BMO Capital | Outperform | $195 | Reiterates | Sep 24, 2024 |
J. Bruce Chan Stifel | Hold | $151 | Maintains | Jul 23, 2024 |
Rick Paterson Loop Capital | Hold | $173 | Maintains | Jul 18, 2024 |
Jason Seidl TD Cowen | Hold | $160 | Maintains | Jul 18, 2024 |
Bascome Majors Susquehanna | Neutral | $145 | Maintains | Jul 18, 2024 |
Fadi Chamoun BMO Capital | Outperform | $195 | Maintains | Jul 17, 2024 |
Jason Seidl TD Cowen | Hold | $161 | Maintains | Jul 17, 2024 |
Bascome Majors Susquehanna | Neutral | $155 | Maintains | Jul 17, 2024 |
Brandon Oglenski Barclays | Equal-Weight | $160 | Maintains | Jul 17, 2024 |
Vijay Kumar Evercore ISI Group | Outperform | $185 | Maintains | Jul 17, 2024 |
Christopher Kuhn Benchmark | Buy | $185 | Maintains | Jul 10, 2024 |
Brian Ossenbeck JP Morgan | Overweight | $184 | Maintains | Jul 9, 2024 |
Ravi Shanker Morgan Stanley | Equal-Weight | $160 | Maintains | Jul 8, 2024 |
Vijay Kumar Evercore ISI Group | Outperform | $191 | Maintains | Jun 25, 2024 |
Christian Wetherbee Wells Fargo | Overweight | $185 | Initiates | Jun 7, 2024 |
Fadi Chamoun BMO Capital | Outperform | $200 | Maintains | Apr 18, 2024 |
Rick Paterson Loop Capital | Hold | $177 | Maintains | Apr 18, 2024 |
When did it IPO
1990
Staff Count
34,718
Country
United States
Sector/Industry
Industrials/Integrated Freight & Logistics
CEO
Ms. Shelley Simpson
Market Cap
$17.01B
In 2023, JBHT generated $12.83B in revenue, which was a decrease of -13.39% from the previous year. This can be seen as a signal that JBHT's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - J.B. Hunt Transport Services (NASDAQ: JBHT) has added 20 Nikola Tre fuel cell electric vehicles to enhance sustainability solutions for West Coast freight customers.
Why It Matters - J.B. Hunt's investment in Nikola Tre FCEVs signals a commitment to sustainability, potentially enhancing competitiveness and attracting environmentally conscious clients, impacting future revenue growth.
Summary - SHARx, focused on reducing drug prices, announced PGA Tour champion Steve Jones joined its Rising Tides Army, a grassroots movement addressing high prescription costs in the U.S.
Why It Matters - SHARx's partnership with a high-profile figure like Steve Jones can enhance brand visibility and credibility, potentially attracting more customers and investors in the healthcare sector.
Summary - J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) has been named to TIME's 2024 World's Best Companies list, highlighting its focus on a people-first culture and long-term growth.
Why It Matters - J.B. Hunt's inclusion in TIME's World's Best Companies 2024 highlights its strong performance and commitment to culture, potentially boosting investor confidence and stock value.
Summary - Kalahari Resorts is investing $8M in renovations at its Pocono Mountains location, adding a macaroni and cheese restaurant and a piano bar, set to open later this year for its 10th anniversary in 2025.
Why It Matters - The $8M renovation at Kalahari Resorts enhances guest experience, potentially increasing occupancy rates and revenue, positively impacting the company's financial outlook.
Summary - UPS is considered a more favorable investment compared to J.B. Hunt Transport Services due to its stronger growth prospects, according to the news excerpt.
Why It Matters - UPS's stronger prospects suggest potential for higher returns compared to J.B. Hunt, influencing investment decisions and stock valuations in the logistics sector.
Summary - J.B. Hunt Transport has awarded scholarships to 100 new recipients, totaling over $533,000 in educational assistance through its Scholarship for Families program.
Why It Matters - J.B. Hunt's scholarship initiative enhances employee satisfaction and retention, potentially improving operational efficiency and long-term profitability, positively impacting the company's stock performance.