J.B. Hunt Transport Services (JBHT) Receiving Somewhat Positive Media Coverage, Report Finds

Press coverage about J.B. Hunt Transport Services (NASDAQ:JBHT) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. J.B. Hunt Transport Services earned a news impact score of 0.18 on Accern’s scale. Accern also assigned news stories about the transportation company an impact score of 46.2612216707363 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:

Shares of J.B. Hunt Transport Services (NASDAQ JBHT) traded up $1.19 during midday trading on Thursday, hitting $111.60. The stock had a trading volume of 668,663 shares, compared to its average volume of 945,992. The company has a market capitalization of $11,993.69, a price-to-earnings ratio of 29.70, a P/E/G ratio of 2.23 and a beta of 1.06. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.48 and a current ratio of 1.48. J.B. Hunt Transport Services has a one year low of $83.35 and a one year high of $112.50.

J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its earnings results on Friday, October 13th. The transportation company reported $0.91 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.96 by ($0.05). The firm had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.82 billion. J.B. Hunt Transport Services had a return on equity of 28.90% and a net margin of 6.05%. J.B. Hunt Transport Services’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter last year, the business posted $0.97 EPS. research analysts predict that J.B. Hunt Transport Services will post 3.76 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, November 17th. Stockholders of record on Friday, November 3rd were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Thursday, November 2nd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.82%. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is currently 24.47%.

A number of research analysts recently issued reports on the company. BidaskClub upgraded J.B. Hunt Transport Services from a “strong sell” rating to a “sell” rating in a report on Friday, August 11th. BMO Capital Markets reiterated a “hold” rating and set a $95.00 price objective on shares of J.B. Hunt Transport Services in a report on Wednesday, September 20th. Zacks Investment Research raised J.B. Hunt Transport Services from a “hold” rating to a “buy” rating and set a $115.00 price target for the company in a research report on Tuesday, September 19th. Cowen reissued a “buy” rating and set a $102.00 price target on shares of J.B. Hunt Transport Services in a research report on Sunday, October 1st. Finally, Stifel Nicolaus set a $91.00 price target on J.B. Hunt Transport Services and gave the company a “hold” rating in a research report on Wednesday, August 23rd. Eight research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $109.41.

In other news, Director Earl Wayne Garrison sold 100,000 shares of the stock in a transaction that occurred on Friday, October 27th. The stock was sold at an average price of $109.29, for a total transaction of $10,929,000.00. Following the transaction, the director now owns 2,050,000 shares in the company, valued at $224,044,500. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Terrence D. Matthews sold 2,694 shares of the stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $101.00, for a total value of $272,094.00. Following the transaction, the executive vice president now owns 21,140 shares in the company, valued at approximately $2,135,140. The disclosure for this sale can be found here. 4.30% of the stock is currently owned by company insiders.

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J.B. Hunt Transport Services Company Profile

J.B. Hunt Transport Services, Inc is a surface transportation, delivery, and logistics company in North America. The Company segments include Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The Company, through its subsidiaries, provides transportation and delivery services to a range of customers and consumers throughout the continental United States, Canada and Mexico.

Insider Buying and Selling by Quarter for J.B. Hunt Transport Services (NASDAQ:JBHT)

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