Analysts at Cleveland Research started coverage on shares of J.B. Hunt Transport Services (NASDAQ:JBHT) in a research report issued to clients and investors on Tuesday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at BMO Capital Markets initiated coverage on shares of J.B. Hunt Transport Services in a research note to investors on Tuesday, October 1st. They set an “outperform” rating and a $86.00 price target on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of J.B. Hunt Transport Services in a research note to investors on Friday, September 27th. They now have a $75.00 price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of J.B. Hunt Transport Services in a research note to investors on Friday, September 27th. They now have a $80.00 price target on the stock, up previously from $78.00. Thirteen analysts have rated the stock with a hold rating and nine have given a buy rating to the company. J.B. Hunt Transport Services currently has a consensus rating of “Hold” and a consensus price target of $77.47.
Shares of J.B. Hunt Transport Services (NASDAQ:JBHT) traded down 0.20% during mid-day trading on Tuesday, hitting $71.23. The stock had a trading volume of 54,983 shares. J.B. Hunt Transport Services has a 52-week low of $54.37 and a 52-week high of $78.39. The stock has a 50-day moving average of $73.36 and a 200-day moving average of $73.33. The company has a market cap of $8.339 billion and a price-to-earnings ratio of 26.43.
J.B. Hunt Transport Services (NASDAQ:JBHT) last issued its quarterly earnings data on Monday, July 15th. The company reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.74 by $0.01. The company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the previous year, the company posted $0.67 earnings per share. The company’s revenue for the quarter was up 10.2% on a year-over-year basis. Analysts expect that J.B. Hunt Transport Services will post $2.97 EPS for the current fiscal year.
J B Hunt Transport Services Inc(NASDAQ:JBHT) is a holding company that, together with its wholly owned subsidiaries, operates as a surface transportation and delivery services to a diverse group of customers and consumers throughout the continental United States, Canada and Mexico.
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