JB Hunt Transport Services Inc

JB Hunt Transport Services Inc Stock Forecast & Price Prediction

Live JB Hunt Transport Services Inc Stock (JBHT) Price
$164.52

22

Ratings

  • Buy 13
  • Hold 9
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$164.52

P/E Ratio

28.66

Volume Traded Today

$642,700

Dividend

$0.43

52 Week High/low

219.51/153.12

JB Hunt Transport Services Inc Market Cap

$17.01B

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JBHT Summary

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.

JBHT Analyst Ratings

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.

JBHT stock forecast by analyst

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

JBHT Company Information

What They Do: Provides logistics and transportation services.

Business Model: The company operates through five segments: Intermodal, Dedicated Contract Services, Integrated Capacity Solutions, Final Mile Services, and Truckload. It generates revenue by offering a range of freight transportation solutions, logistics management, and supply chain services tailored to various customer needs, utilizing its owned fleet and contractor networks.

Other Information: Founded in 1961 and headquartered in Lowell, Arkansas, the company maintains a significant fleet of trucks and trailers to support its operations. It serves diverse industries, transporting a wide array of goods including consumer products, building materials, and chemicals.
JBHT
JB Hunt Transport Services Inc (JBHT)

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

JB Hunt Transport Services Inc (JBHT) Financial Data

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

$9.64B

Revenue From 2021

$12.17B

26.27 %
From Previous Year

Revenue From 2022

$14.81B

21.74 %
From Previous Year

Revenue From 2023

$12.83B

-13.39 %
From Previous Year
  • Revenue TTM $12.34B
  • Operating Margin TTM 7.0%
  • Gross profit TTM $2.21B
  • Return on assets TTM 6.3%
  • Return on equity TTM 15.1%
  • Profit Margin 4.9%
  • Book Value Per Share 39.97%
  • Market capitalisation $17.01B
  • Revenue for 2021 $12.17B
  • Revenue for 2022 $14.81B
  • Revenue for 2023 $12.83B
  • EPS this year (TTM) $5.82

JB Hunt Transport Services Inc (JBHT) Latest News

News Image

Fri, 27 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Thu, 12 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Thu, 12 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Thu, 12 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Thu, 12 Sep 2024

Sentiment - POSITIVE

Source - Forbes

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.

News Image

Mon, 26 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

...

JBHT Frequently asked questions

The highest forecasted price for JBHT is $211 from Thomas Wadewitz at UBS.

The lowest forecasted price for JBHT is $151 from J. Bruce Chan from Stifel

The JBHT analyst ratings consensus are 13 buy ratings, 9 hold ratings, and 0 sell ratings.