J.B. Hunt Transport Services, Inc. (JBHT) concluded trading on Wednesday at a closing price of $180.15, with 3.02 million shares of worth about $543.4 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 7.15% during that period and on October 16, 2024 the price saw a gain of about 3.15%. Currently the company’s common shares owned by public are about 103.22M shares, out of which, 81.36M shares are available for trading.
Stock saw a price change of 8.47% in past 5 days and over the past one month there was a price change of 7.24%. Year-to-date (YTD), JBHT shares are showing a performance of -9.81% which decreased to -8.45% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $153.12 but also hit the highest price of $219.51 during that period. The average intraday trading volume for J.B. Hunt Transport Services, Inc. shares is 845.23K. The stock is currently trading 5.72% above its 20-day simple moving average (SMA20), while that difference is up 5.93% for SMA50 and it goes to 1.05% higher than SMA200.
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J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) currently have 103.22M outstanding shares and institutions hold larger chunk of about 75.28% of that.
The stock has a current market capitalization of $18.37B and its 3Y-monthly beta is at 1.15. PE ratio of stock for trailing 12 months is 32.72, while it has posted earnings per share of $5.51 in the same period. Its PEG reads 3.37 and has Quick Ratio of 1.21 while making debt-to-equity ratio of 0.38. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for JBHT, volatility over the week remained 3.21% while standing at 2.38% over the month.
Stock’s fiscal year EPS is expected to drop by -18.56% while it is estimated to increase by 26.87% in next year. EPS is likely to grow at an annualized rate of 9.72% for next 5-years, compared to annual growth of 9.50% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on Oct-17-24 offering a Hold rating for the stock and assigned a target price range of between $160 and $182 to it. Coverage by Citigroup stated J.B. Hunt Transport Services, Inc. (JBHT) stock as a Buy in their note to investors on October 09, 2024, suggesting a price target of $201 for the stock. On July 17, 2024, TD Cowen Reiterated their recommendations, while on June 07, 2024, Wells Fargo Initiated their ratings for the stock with a price target of $185. Stock get a Hold rating from TD Cowen on April 17, 2024.
