J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) is -12.48% 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 $169.35 in the last trading session, with the day’s gains setting it 5.47%.
Currently trading at $174.82, the stock is 1.93% and 3.71% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.89 million and changing 3.23% at the moment leaves the stock -3.33% off its SMA200. JBHT registered -9.16% loss for a year compared to 6-month loss of -10.38%.
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The stock witnessed a 1.50% gain in the last 1 month and extending the period to 3 months gives it a 12.52%, and is 3.53% 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 2.41% over the week and 2.42% over the month.
J.B. Hunt Transport Services, Inc. (JBHT) has around 34718 employees, a market worth around $17.83B and $12.34B in sales. Current P/E ratio is 30.08 and Fwd P/E is 23.62. Profit margin for the company is 4.90%. Distance from 52-week low is 14.17% and -20.36% from its 52-week high. The company has generated returns on investments over the last 12 months (10.87%).
with sales reaching $3.04B over the same period.The EPS is expected to shrink by -18.69% this year, but quarterly earnings will post -5.80% year-over-year. Quarterly sales are estimated to shrink -4.70% in year-over-year returns.
891.0 institutions hold shares in J.B. Hunt Transport Services, Inc. (JBHT), with institutional investors hold 94.33% of the company’s shares. The shares outstanding are 103.22M, and float is at 81.36M with Short Float at 1.75%. Institutions hold 75.39% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 9.99 million shares valued at $1.6 billion. The investor’s holdings represent 9.6791 of the JBHT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 6.39 million shares valued at $1.02 billion to account for 6.185 of the shares outstanding. The other top investors are T. ROWE PRICE INVESTMENT MANAGEMENT, INC. which holds 5.32 million shares representing 5.1496 and valued at over $850.65 million, while JANUS HENDERSON GROUP PLC holds 3.2469 of the shares totaling 3.35 million with a market value of $536.35 million.
J.B. Hunt Transport Services, Inc. (JBHT) Insider Activity
The most recent transaction is an insider sale by Field Darren P., the company’s EVP and President Intermodal. SEC filings show that Field Darren P. sold 3,000 shares of the company’s common stock on Aug 23 ’24 at a price of $175.03 per share for a total of $0.53 million. Following the sale, the insider now owns 14150.0 shares.
Still, SEC filings show that on Jul 19 ’24, Lisboa Persio V (Director) acquired 600 shares at an average price of $163.47 for $98082.0. The insider now directly holds 3,594 shares of J.B. Hunt Transport Services, Inc. (JBHT).
