J.B. Hunt Transport Services (JBHT) Scheduled to Post Earnings on Thursday

J.B. Hunt Transport Services (NASDAQ:JBHT) is scheduled to post its quarterly earnings results before the market opens on Thursday, January 18th. Analysts expect J.B. Hunt Transport Services to post earnings of $1.03 per share for the quarter.

J.B. Hunt Transport Services (NASDAQ:JBHT) last posted its earnings results on Friday, October 13th. The transportation company reported $0.91 EPS for the quarter, missing the consensus estimate of $0.96 by ($0.05). The business had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.82 billion. J.B. Hunt Transport Services had a net margin of 6.05% and a return on equity of 28.90%. The business’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period last year, the company earned $0.97 EPS. On average, analysts expect J.B. Hunt Transport Services to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

J.B. Hunt Transport Services (JBHT) opened at $120.11 on Thursday. The company has a market capitalization of $13,180.00, a price-to-earnings ratio of 32.03, a P/E/G ratio of 1.94 and a beta of 1.05. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.74. J.B. Hunt Transport Services has a twelve month low of $83.35 and a twelve month high of $120.66.

In other news, Director Earl Wayne Garrison sold 100,000 shares of the stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $109.29, for a total transaction of $10,929,000.00. Following the completion of the sale, the director now owns 2,050,000 shares in the company, valued at $224,044,500. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, SVP John Kuhlow sold 500 shares of the stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $112.55, for a total transaction of $56,275.00. Following the sale, the senior vice president now owns 3,499 shares of the company’s stock, valued at approximately $393,812.45. The disclosure for this sale can be found here. Insiders sold 101,500 shares of company stock valued at $11,095,605 in the last 90 days. 4.30% of the stock is currently owned by insiders.

Several equities analysts recently commented on the company. Barclays increased their target price on J.B. Hunt Transport Services from $97.00 to $105.00 and gave the company an “equal weight” rating in a report on Monday, October 2nd. Cowen reissued a “buy” rating and issued a $102.00 target price on shares of J.B. Hunt Transport Services in a report on Sunday, October 1st. Loop Capital reissued a “buy” rating and issued a $116.00 target price on shares of J.B. Hunt Transport Services in a report on Monday, October 16th. Stifel Nicolaus dropped their target price on J.B. Hunt Transport Services from $114.00 to $111.00 and set a “buy” rating on the stock in a report on Monday, October 16th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $100.00 target price (up previously from $95.00) on shares of J.B. Hunt Transport Services in a report on Monday, October 16th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have assigned a buy rating to the stock. J.B. Hunt Transport Services presently has a consensus rating of “Buy” and an average price target of $114.28.

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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.

Earnings History for J.B. Hunt Transport Services (NASDAQ:JBHT)

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