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

J.B. Hunt Transport Services (NASDAQ:JBHT) is set to announce its earnings results after the market closes on Tuesday, October 15th. Analysts expect the company to announce earnings of $1.47 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

J.B. Hunt Transport Services (NASDAQ:JBHT) last posted its quarterly earnings data on Tuesday, July 16th. The transportation company reported $1.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.19). J.B. Hunt Transport Services had a net margin of 4.90% and a return on equity of 14.77%. The business had revenue of $2.93 billion during the quarter, compared to analyst estimates of $3.02 billion. During the same quarter last year, the business earned $1.81 earnings per share. J.B. Hunt Transport Services’s revenue for the quarter was down 6.5% on a year-over-year basis. On average, analysts expect J.B. Hunt Transport Services to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.

J.B. Hunt Transport Services Trading Up 2.9 %

JBHT stock opened at $170.72 on Monday. J.B. Hunt Transport Services has a one year low of $153.12 and a one year high of $219.51. The company has a fifty day moving average price of $169.43 and a two-hundred day moving average price of $168.04. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.21 and a quick ratio of 1.21. The stock has a market cap of $17.62 billion, a price-to-earnings ratio of 27.10, a price-to-earnings-growth ratio of 2.84 and a beta of 1.15.

J.B. Hunt Transport Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 16th. Shareholders of record on Friday, August 2nd were given a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 1.01%. The ex-dividend date was Friday, August 2nd. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is currently 27.30%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on JBHT. Stifel Nicolaus reduced their price objective on shares of J.B. Hunt Transport Services from $173.00 to $151.00 and set a “hold” rating on the stock in a research report on Tuesday, July 23rd. The Goldman Sachs Group cut their target price on shares of J.B. Hunt Transport Services from $193.00 to $189.00 and set a “buy” rating on the stock in a research note on Wednesday, October 9th. Loop Capital dropped their target price on shares of J.B. Hunt Transport Services from $177.00 to $173.00 and set a “hold” rating on the stock in a research report on Thursday, July 18th. Evercore ISI lowered their price objective on shares of J.B. Hunt Transport Services from $185.00 to $183.00 and set an “outperform” rating on the stock in a research report on Thursday, October 3rd. Finally, Benchmark reiterated a “buy” rating and issued a $185.00 price objective on shares of J.B. Hunt Transport Services in a research note on Wednesday, October 2nd. Seven analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $183.50.

Insider Transactions at J.B. Hunt Transport Services

In other J.B. Hunt Transport Services news, EVP Darren P. Field sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $175.03, for a total value of $525,090.00. Following the sale, the executive vice president now owns 14,150 shares in the company, valued at approximately $2,476,674.50. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other J.B. Hunt Transport Services news, EVP Darren P. Field sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $175.03, for a total transaction of $525,090.00. Following the transaction, the executive vice president now owns 14,150 shares of the company’s stock, valued at $2,476,674.50. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Persio V. Lisboa bought 600 shares of the firm’s stock in a transaction that occurred on Friday, July 19th. The shares were acquired at an average cost of $163.47 per share, for a total transaction of $98,082.00. Following the completion of the acquisition, the director now directly owns 3,594 shares in the company, valued at $587,511.18. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 2.10% of the company’s stock.

J.B. Hunt Transport Services Company Profile

J.B. Hunt Transport Services, Inc provides surface transportation, delivery, and logistic services in the United States. It operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The JBI segment offers intermodal freight solutions.