J.B. Hunt Transport Services (NASDAQ:JBHT) Upgraded at Citizens Jmp

Citizens Jmp upgraded shares of J.B. Hunt Transport Services (NASDAQ:JBHTFree Report) from a market perform rating to an outperform rating in a research report report published on Thursday morning, Marketbeat.com reports. The firm currently has $300.00 target price on the transportation company’s stock.

JBHT has been the subject of several other reports. Citigroup upgraded shares of J.B. Hunt Transport Services from a “market perform” rating to an “outperform” rating in a research note on Thursday. Stephens raised their price target on shares of J.B. Hunt Transport Services from $360.00 to $370.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. JPMorgan Chase & Co. lifted their price objective on shares of J.B. Hunt Transport Services from $280.00 to $313.00 and gave the company an “overweight” rating in a report on Thursday, July 16th. BMO Capital Markets reiterated an “outperform” rating on shares of J.B. Hunt Transport Services in a research report on Wednesday. Finally, Zacks Research lowered shares of J.B. Hunt Transport Services from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $284.17.

Read Our Latest Stock Report on JBHT

J.B. Hunt Transport Services Stock Down 1.1%

J.B. Hunt Transport Services stock opened at $234.25 on Thursday. The business’s 50-day moving average price is $272.03 and its 200 day moving average price is $256.39. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.31. The firm has a market cap of $22.00 billion, a price-to-earnings ratio of 33.18, a price-to-earnings-growth ratio of 1.86 and a beta of 1.29. J.B. Hunt Transport Services has a 52 week low of $130.12 and a 52 week high of $299.76.

J.B. Hunt Transport Services (NASDAQ:JBHTGet Free Report) last released its quarterly earnings data on Wednesday, July 15th. The transportation company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.71 by $0.20. The business had revenue of $3.50 billion for the quarter, compared to analyst estimates of $3.26 billion. J.B. Hunt Transport Services had a return on equity of 18.75% and a net margin of 5.31%.The business’s quarterly revenue was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.31 EPS. As a group, sell-side analysts anticipate that J.B. Hunt Transport Services will post 7.58 earnings per share for the current year.

J.B. Hunt Transport Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 21st. Stockholders of record on Friday, August 7th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. J.B. Hunt Transport Services’s payout ratio is currently 25.50%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of JBHT. Elevation Wealth Partners LLC boosted its holdings in J.B. Hunt Transport Services by 500.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 150 shares of the transportation company’s stock worth $43,000 after buying an additional 125 shares during the last quarter. Root Financial Partners LLC raised its holdings in shares of J.B. Hunt Transport Services by 25.4% during the fourth quarter. Root Financial Partners LLC now owns 232 shares of the transportation company’s stock valued at $45,000 after acquiring an additional 47 shares during the last quarter. Basecamp Wealth Advisors LLC raised its holdings in shares of J.B. Hunt Transport Services by 250.0% during the first quarter. Basecamp Wealth Advisors LLC now owns 217 shares of the transportation company’s stock valued at $46,000 after acquiring an additional 155 shares during the last quarter. Larson Financial Group LLC lifted its position in shares of J.B. Hunt Transport Services by 47.0% in the fourth quarter. Larson Financial Group LLC now owns 269 shares of the transportation company’s stock valued at $52,000 after acquiring an additional 86 shares in the last quarter. Finally, Manchester Capital Management LLC lifted its position in shares of J.B. Hunt Transport Services by 378.1% in the fourth quarter. Manchester Capital Management LLC now owns 349 shares of the transportation company’s stock valued at $68,000 after acquiring an additional 276 shares in the last quarter. 74.95% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting J.B. Hunt Transport Services

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

  • Positive Sentiment: Several analysts still see long-term upside. Raymond James and Baird maintained “outperform” ratings despite reducing their price targets to $300 and $290, respectively, while Citizens JMP upgraded JBHT to “outperform” with a $300 target. J.B. Hunt’s Stock Plunges After Market Misprices Profit Warning
  • Positive Sentiment: The bullish case rests on a structural shortage of qualified truck drivers, expected retirements and tighter industry capacity. These factors could eventually support higher freight rates, market-share gains and improved profitability if demand strengthens and pricing catches up with costs. J.B. Hunt’s Stock Plunges After Market Misprices Profit Warning
  • Neutral Sentiment: Analyst opinion remains mixed. Wells Fargo lowered its expectations, and other firms trimmed targets, but the broader consensus remains around Moderate Buy. The average of recently revised targets is approximately $288.50, indicating analysts view the selloff as potentially excessive while acknowledging near-term execution risk. Wells Fargo Lowers Expectations for J.B. Hunt
  • Negative Sentiment: The earnings warning is the primary pressure on JBHT. Investors are concerned that labor, fuel and insurance-related costs will erode profit even as freight demand improves, raising the risk of additional earnings-estimate cuts. J.B. Hunt Stock Down 13%: Here’s Why
  • Negative Sentiment: The warning also intensified concerns across the trucking industry, where weak pricing and persistent cost inflation have pressured peers. Investors may remain cautious until J.B. Hunt’s next earnings report confirms whether improved supply-demand conditions can offset the cost increases. J.B. Hunt Faces Persistent Cost Pressures

About J.B. Hunt Transport Services

(Get Free Report)

J.B. Hunt Transport Services, Inc is a transportation and logistics company headquartered in Lowell, Arkansas. Through its operating segments, the company provides freight transportation, logistics and supply-chain services to customers across North America.

Its principal businesses include intermodal transportation, which combines rail and trucking; dedicated contract services, which provides customized transportation and fleet-management solutions; and integrated capacity solutions, which matches customer freight with available transportation capacity.

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Analyst Recommendations for J.B. Hunt Transport Services (NASDAQ:JBHT)

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