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J.B. Hunt Transport Services, Inc. (JBHT) Stock Could Soon Reward Patient Investors

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) is -15.08% lower on its value in year-to-date trading and has touched a low of $153.12 and a high of $219.51 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JBHT stock was last observed hovering at around $166.16 in the last trading session, with the day’s gains setting it 3.46%.

Currently trading at $169.62, the stock is 7.09% and 5.32% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing 2.08% at the moment leaves the stock -7.61% off its SMA200. JBHT registered -7.85% loss for a year compared to 6-month loss of -11.24%.

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The stock witnessed a 5.37% gain in the last 1 month and extending the period to 3 months gives it a -8.55%, and is 7.33% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.66% over the week and 2.14% over the month.

J.B. Hunt Transport Services, Inc. (JBHT) has around 34718 employees, a market worth around $17.50B and $12.54B in sales. Current P/E ratio is 26.89 and Fwd P/E is 20.72. Profit margin for the company is 5.25%. Distance from 52-week low is 10.78% and -22.73% from its 52-week high. The company has generated returns on investments over the last 12 months (11.89%).

The EPS is expected to shrink by -10.16% this year.

J.B. Hunt Transport Services, Inc. (JBHT) Top Institutional Holders

The shares outstanding are 103.22M, and float is at 82.57M with Short Float at 2.17%.

J.B. Hunt Transport Services, Inc. (JBHT) Insider Activity

The most recent transaction is an insider purchase by ROBERTS JOHN N,the company’sCEO. SEC filings show that ROBERTS JOHN N bought 6,200 shares of the company’s common stock on Apr 26 ’24 at a price of $161.06 per share for a total of $1.0 million. Following the purchase, the insider now owns 0.31 million shares.

J.B. Hunt Transport Services, Inc. disclosed in a document filed with the SEC on Mar 04 ’24 that Ottensmeyer Patrick J (Director) bought a total of 5,000 shares of the company’s common stock. The trade occurred on Mar 04 ’24 and was made at $202.99 per share for $1.01 million. Following the transaction, the insider now directly holds 5000.0 shares of the JBHT stock.

Still, SEC filings show that on Feb 26 ’24, Webb Brian (EVP- Final Mile Services) disposed off 900 shares at an average price of $208.54 for $0.19 million. The insider now directly holds 15,032 shares of J.B. Hunt Transport Services, Inc. (JBHT).

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