J.B. Hunt Transport Services (NASDAQ:JBHT – Get Free Report) had its price objective hoisted by research analysts at Benchmark from $230.00 to $250.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the transportation company’s stock. Benchmark’s price target indicates a potential upside of 2.01% from the company’s previous close.
A number of other equities analysts have also recently weighed in on the company. Raymond James Financial reiterated an “outperform” rating and set a $240.00 price target on shares of J.B. Hunt Transport Services in a report on Wednesday. Stifel Nicolaus increased their price target on J.B. Hunt Transport Services from $201.00 to $205.00 and gave the stock a “hold” rating in a report on Thursday, April 2nd. Citigroup increased their price target on J.B. Hunt Transport Services from $228.00 to $236.00 and gave the stock a “neutral” rating in a report on Thursday. Susquehanna upgraded J.B. Hunt Transport Services from a “neutral” rating to a “positive” rating and increased their price target for the stock from $160.00 to $240.00 in a report on Thursday, January 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of J.B. Hunt Transport Services in a report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $222.14.
Check Out Our Latest Stock Analysis on J.B. Hunt Transport Services
J.B. Hunt Transport Services Stock Performance
J.B. Hunt Transport Services (NASDAQ:JBHT – Get Free Report) last released its quarterly earnings results on Wednesday, April 15th. The transportation company reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.45 by $0.04. The business had revenue of $3.06 billion during the quarter, compared to analysts’ expectations of $3.01 billion. J.B. Hunt Transport Services had a return on equity of 17.30% and a net margin of 5.13%.The company’s revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.17 EPS. Equities analysts anticipate that J.B. Hunt Transport Services will post 6.37 earnings per share for the current year.
Insider Activity
In related news, EVP Darren P. Field sold 9,000 shares of the stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $219.76, for a total transaction of $1,977,840.00. Following the transaction, the executive vice president owned 10,736 shares of the company’s stock, valued at approximately $2,359,343.36. This represents a 45.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Nicholas Hobbs sold 3,038 shares of the stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $201.97, for a total value of $613,584.86. Following the transaction, the chief operating officer directly owned 90,318 shares in the company, valued at approximately $18,241,526.46. The trade was a 3.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 25,945 shares of company stock worth $5,656,495 in the last quarter. Insiders own 2.50% of the company’s stock.
Institutional Investors Weigh In On J.B. Hunt Transport Services
Hedge funds have recently bought and sold shares of the stock. AE Wealth Management LLC raised its position in J.B. Hunt Transport Services by 3.2% in the 3rd quarter. AE Wealth Management LLC now owns 125,829 shares of the transportation company’s stock valued at $16,883,000 after purchasing an additional 3,890 shares in the last quarter. Eldred Rock Partners LLC raised its position in J.B. Hunt Transport Services by 11.9% in the 3rd quarter. Eldred Rock Partners LLC now owns 88,061 shares of the transportation company’s stock valued at $11,815,000 after purchasing an additional 9,345 shares in the last quarter. Machina Capital S.A.S. acquired a new stake in J.B. Hunt Transport Services in the 3rd quarter valued at about $3,627,000. AdvisorShares Investments LLC acquired a new stake in J.B. Hunt Transport Services in the 3rd quarter valued at about $433,000. Finally, Krilogy Financial LLC acquired a new stake in J.B. Hunt Transport Services in the 3rd quarter valued at about $1,003,000. Institutional investors and hedge funds own 74.95% of the company’s stock.
Key Stories Impacting J.B. Hunt Transport Services
Here are the key news stories impacting J.B. Hunt Transport Services this week:
- Positive Sentiment: Q1 beat: JBHT reported $1.49 EPS vs. $1.45 expected and $3.06B revenue (roughly +4.6% YoY); management cited productivity-driven margin gains and record intermodal volume. Zacks: Q1 Earnings & Revenues Top Estimates
- Positive Sentiment: Management commentary and outlook-affirming remarks have the stock in rally mode, with bullish coverage arguing JBHT could head toward a $300 target as markets price in freight recovery. MarketBeat: JBHT Burns Rubber…
- Positive Sentiment: Analyst upgrades/price‑target lifts: Bank of America and Benchmark raised targets to $250 and issued “buy” ratings, adding short‑term upside support. TickerReport / Benzinga coverage
- Neutral Sentiment: Mixed analyst positioning: several firms raised targets but kept neutral/hold ratings (e.g., TD Cowen and Truist adjusted PTs upward while maintaining cautious stances). AmericanBankingNews: TD Cowen Forecast
- Neutral Sentiment: Operational context: press coverage highlights cost cuts and improved volumes offsetting fuel headwinds, supporting margin improvement but leaving sensitivity to fuel and spot market dynamics. MSN: Higher Quarterly Profit
- Negative Sentiment: Valuation concerns: several analysts/commentaries argue JBHT looks richly valued after the rally, warning upside beyond near‑term targets may be limited unless durable revenue momentum continues. Seeking Alpha: Valuation Seems Rich
- Negative Sentiment: Some price targets still imply downside — e.g., Truist’s updated $230 target suggests potential pullback from current levels, highlighting analyst disagreement on sustainable upside. Benzinga: Analyst Targets
About J.B. Hunt Transport Services
J.B. Hunt Transport Services, Inc is a leading provider of transportation and logistics solutions headquartered in Lowell, Arkansas. The company offers a comprehensive suite of services designed to move freight efficiently across North America, including intermodal, dedicated contract services, full truckload, less-than-truckload (LTL), final mile delivery and specialized transport.
In its intermodal segment, J.B. Hunt leverages a network of rail and truck assets to transport containers and trailers on major U.S.
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