J B Hunt Transport Services (JBHT) to Release Earnings on Tuesday

J B Hunt Transport Services (NASDAQ:JBHT) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, October 16th. Analysts expect the company to announce earnings of $1.44 per share for the quarter.

J B Hunt Transport Services (NASDAQ:JBHT) last issued its quarterly earnings data on Monday, July 16th. The transportation company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.28 by $0.09. The business had revenue of $2.14 billion for the quarter, compared to analysts’ expectations of $2.05 billion. J B Hunt Transport Services had a net margin of 9.54% and a return on equity of 26.63%. The business’s revenue was up 23.9% on a year-over-year basis. During the same quarter last year, the company earned $0.88 EPS. On average, analysts expect J B Hunt Transport Services to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Shares of NASDAQ JBHT opened at $121.09 on Tuesday. The company has a market cap of $13.01 billion, a PE ratio of 32.38, a PEG ratio of 1.74 and a beta of 0.93. J B Hunt Transport Services has a 12 month low of $100.25 and a 12 month high of $131.74. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.13 and a current ratio of 1.13.

JBHT has been the topic of a number of analyst reports. Zacks Investment Research raised shares of J B Hunt Transport Services from a “hold” rating to a “buy” rating and set a $136.00 price objective on the stock in a research note on Wednesday, July 18th. Loop Capital set a $151.00 price objective on shares of J B Hunt Transport Services and gave the stock a “buy” rating in a research note on Monday, July 16th. ValuEngine raised shares of J B Hunt Transport Services from a “hold” rating to a “buy” rating in a research note on Tuesday, September 11th. Deutsche Bank dropped their price objective on shares of J B Hunt Transport Services from $138.00 to $134.00 and set a “buy” rating on the stock in a research note on Thursday, September 27th. Finally, Morgan Stanley raised their price objective on shares of J B Hunt Transport Services from $115.00 to $119.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 17th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and eight have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $129.47.

In other J B Hunt Transport Services news, EVP Terrence D. Matthews sold 5,163 shares of the firm’s stock in a transaction on Wednesday, August 8th. The stock was sold at an average price of $122.11, for a total value of $630,453.93. Following the transaction, the executive vice president now owns 23,810 shares in the company, valued at approximately $2,907,439.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO David G. Mee sold 6,126 shares of the firm’s stock in a transaction on Wednesday, July 18th. The shares were sold at an average price of $121.47, for a total value of $744,125.22. Following the completion of the transaction, the chief financial officer now owns 110,500 shares in the company, valued at approximately $13,422,435. The disclosure for this sale can be found here. Insiders have sold a total of 38,018 shares of company stock worth $4,630,817 in the last quarter. Insiders own 4.20% of the company’s stock.

J B Hunt Transport Services Company Profile

J.B. Hunt Transport Services, Inc, together with its subsidiaries, provides surface transportation and delivery services in the continental United States, Canada, and Mexico. It operates through four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truckload (JBT).

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

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