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

J.B. Hunt Transport Services (NASDAQ:JBHTGet Free Report) is set to post its quarterly earnings results after the market closes on Tuesday, July 16th. Analysts expect J.B. Hunt Transport Services to post earnings of $1.57 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

J.B. Hunt Transport Services (NASDAQ:JBHTGet Free Report) last released its earnings results on Tuesday, April 16th. The transportation company reported $1.22 earnings per share for the quarter, missing the consensus estimate of $1.53 by ($0.31). J.B. Hunt Transport Services had a net margin of 5.25% and a return on equity of 16.25%. The company had revenue of $2.94 billion during the quarter, compared to analyst estimates of $3.12 billion. On average, analysts expect J.B. Hunt Transport Services to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

J.B. Hunt Transport Services Trading Down 0.2 %

NASDAQ:JBHT opened at $158.04 on Tuesday. J.B. Hunt Transport Services has a 1-year low of $153.12 and a 1-year high of $219.51. The business’s 50-day moving average price is $160.84 and its two-hundred day moving average price is $184.13. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $16.31 billion, a price-to-earnings ratio of 25.09, a PEG ratio of 1.79 and a beta of 1.14.

J.B. Hunt Transport Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Friday, May 10th were paid a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend was Thursday, May 9th. J.B. Hunt Transport Services’s payout ratio is 27.30%.

Insider Buying and Selling at J.B. Hunt Transport Services

In related news, CEO John N. Roberts purchased 6,200 shares of the firm’s stock in a transaction on Friday, April 26th. The stock was purchased at an average cost of $161.06 per share, for a total transaction of $998,572.00. Following the completion of the purchase, the chief executive officer now directly owns 313,955 shares in the company, valued at $50,565,592.30. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 2.10% of the company’s stock.

Analyst Ratings Changes

JBHT has been the subject of several recent analyst reports. TD Cowen lowered their price target on J.B. Hunt Transport Services from $193.00 to $181.00 and set a “hold” rating for the company in a report on Wednesday, April 17th. Bank of America lowered their price target on J.B. Hunt Transport Services from $215.00 to $199.00 and set a “buy” rating for the company in a report on Wednesday, April 17th. UBS Group lowered their price target on J.B. Hunt Transport Services from $234.00 to $211.00 and set a “buy” rating for the company in a report on Wednesday, April 17th. Barclays lowered their price target on J.B. Hunt Transport Services from $200.00 to $170.00 and set an “equal weight” rating for the company in a report on Wednesday, April 17th. Finally, Stephens lowered their price target on J.B. Hunt Transport Services from $210.00 to $192.00 and set an “overweight” rating for the company in a report on Wednesday, April 17th. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, J.B. Hunt Transport Services has an average rating of “Moderate Buy” and a consensus price target of $191.06.

Get Our Latest Stock Analysis on J.B. Hunt Transport Services

J.B. Hunt Transport Services Company Profile

(Get Free Report)

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.

Recommended Stories

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

Receive News & Ratings for J.B. Hunt Transport Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J.B. Hunt Transport Services and related companies with MarketBeat.com's FREE daily email newsletter.