J.B. Hunt Transport Services, Inc (NASDAQ: JBHT) is -15.84% 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 $170.29 in the last trading session, with the day’s loss setting it -2.19%.
Currently trading at $168.10, the stock is -7.79% and -7.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing -1.29% at the moment leaves the stock -3.13% off its SMA200. JBHT registered -15.47% loss for a year compared to 6-month gain of 7.63%. The firm has a 50-day simple moving average (SMA 50) of $181.5418 and a 200-day simple moving average (SMA200) of $173.53215.
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The stock witnessed a -6.70% loss in the last 1 month and extending the period to 3 months gives it a -0.54%, and is -7.20% down 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 2.51% over the week and 2.25% over the month.
J.B. Hunt Transport Services, Inc (JBHT) has around 34718 employees, a market worth around $16.95B and $12.24B in sales. Current P/E ratio is 30.53 and Fwd P/E is 23.62. Profit margin for the company is 4.65%. Distance from 52-week low is 9.78% and -23.42% from its 52-week high. The company has generated returns on investments over the last 12 months (11.31%).
The EPS is expected to shrink by -18.71% this year
909.0 institutions hold shares in J.B. Hunt Transport Services, Inc (JBHT), with institutional investors hold 92.12% of the company’s shares. The shares outstanding are 100.83M, and float is at 80.21M with Short Float at 3.02%. Institutions hold 73.65% 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 Simpson Shelley, the company’s President and CEO. SEC filings show that Simpson Shelley sold 6,000 shares of the company’s common stock on Dec 05 ’24 at a price of $183.47 per share for a total of $1.1 million. Following the sale, the insider now owns 82264.0 shares.
J.B. Hunt Transport Services, Inc disclosed in a document filed with the SEC on Dec 06 ’24 that McGee Eric (EVP Highway Services) sold a total of 145 shares of the company’s common stock. The trade occurred on Dec 06 ’24 and was made at $182.72 per share for $26495.0. Following the transaction, the insider now directly holds 700.0 shares of the JBHT stock.
Still, SEC filings show that on Dec 05 ’24, Shelley Simpson (President and CEO) Proposed Sale 6,000 shares at an average price of $185.13 for $1.11 million. The insider now directly holds shares of J.B. Hunt Transport Services, Inc (JBHT).
