J.B. Hunt Transport Services Inc. (NASDAQ:JBHT) went up by 1.51% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the Integrated Freight & Logistics giant went up by $125.91 to trade ended Wednesday trading at $124.04. This is up from the $124.04 price recorded on Tuesday’s trading session. Its performance from the start of the year has also been positive, with JBHT up by 7.82% year-to-date.
J.B. Hunt Transport Services Inc. (JBHT) started the day trading at $124.2 and recorded an intraday high of $127.22. It also recorded an intraday low of $123.91 during Wednesday’s trading session. J.B. Hunt Transport Services Inc. is a very active stock that recorded a trading volume that is less than -8.91% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 763872, which is less than -8.91 of the total average daily trading volume of 831.91K.
J.B. Hunt Transport Services Inc. (NASDAQ:JBHT) 2020 Performance Impressive
The increase in JBHT’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of JBHT currently stands at $125.18, which is lower than the current trading price of the stock by -0.58%. However, JBHT’s current trading price is -67.23% lower than the 52-week low price of $75.29. In terms of trading volume, J.B. Hunt Transport Services Inc. currently experienced healthy participation during the last trading session. 763872 shares of J.B. Hunt Transport Services Inc. were traded on the stock exchange on Wednesday, which is less than -8.91% of the 831.91K average trading volume of the stock.
The performance of the stock has been positive over the past year. JBHT’s performance over the past one year has seen it surge by 41.69%, while the stock has gone up by 7.02% in the last six months. The quarterly performance of JBHT currently stands at 27.89%, and it is up by 3.20% in the last month. The only positive figure was from the weekly performance, which currently reads 4.63%. At the time of writing JBHT’s report, the company has a total market cap of $13.21B, making it one of the largest publicly-traded companies in the world.J.B. Hunt Transport Services Inc. also has over 29056 employees all over the world.
JBHT Insider Activities
For J.B. Hunt Transport Services Inc., insiders hold 76.90% of all company shares. The insider transactions over the past six months are up by 0.30%. During that period, insiders bought 155,272 shares in 35 transactions. In that same period, insiders sold 157,614 of their shares in 50 transactions. After these transactions, insiders at J.B. Hunt Transport Services Inc. now hold 21.79M shares, which is over 77.55% of the total company stocks. Institutional investors currently hold a large chunk of the JBHT shares, as they control 20.67% of the company’s total stock.
JBHT Fundamental Analysis
For J.B. Hunt Transport Services Inc., the stock’s diluted earnings per share (EPS) stands at 4.66. In the coming year, analysts expect the EPS to be 5.45. The stock’s EPS growth this year is 6.80%, with analysts expecting almost a 1 growth in the earnings per share next week. In terms of revenue, J.B. Hunt Transport Services Inc.’s quarterly sales (YOY) is growing at 0.83, which is lower than the average annual revenue of 8.50% over the past half a decade.
The Return on Investment (ROI) on J.B. Hunt Transport Services Inc.’s stock currently stands at 16.00%, and it has a net profit margin of 5.40%. The operating margin of the company is 7.70%, and its gross margin is 17.90%.
JBHT Analysts Prediction
The Robert W. Baird has a Outperform rating for J.B. Hunt Transport Services Inc., predicting the stock price to stay between $115 and $125. Cowen reiterate their Market Perform position on the stock ($118 and $103)
Analysts at Cowen believe that JBHT is Market Perform, and they have a price target of between $120 and $118.
JBHT Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of JBHT currently stands at 6.36%, while the SMA50 is 12.53%. The biggest one is the SMA200, which is currently reading 15.21% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 67.08, while its price to earnings ratio (P/E) is 27.03.
