J.B. Hunt Transport Services, Inc. (JBHT) Stock Price Hits 52-Week High Today

June 14, 2018 - By Ash Ash

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Logo

Investors sentiment decreased to 0.94 in Q1 2018. Its down 0.25, from 1.19 in 2017Q4. It dived, as 33 investors sold J.B. Hunt Transport Services, Inc. shares while 141 reduced holdings. 59 funds opened positions while 105 raised stakes. 79.92 million shares or 4.29% more from 76.63 million shares in 2017Q4 were reported.
Andra Ap stated it has 0.13% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Point72 Asia (Hong Kong) Ltd invested in 0.07% or 1,177 shares. City Com reported 60 shares. Daiwa Gp Inc holds 0% of its portfolio in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) for 3,008 shares. Retirement Of Alabama stated it has 40,896 shares or 0.02% of all its holdings. Laffer Investments holds 0% or 19,204 shares. Public Employees Retirement Systems Of Ohio has invested 0.08% of its portfolio in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Intrust Comml Bank Na stated it has 3,735 shares. Koch Industr Inc, Kansas-based fund reported 13,959 shares. Montag And Caldwell Llc stated it has 0.02% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Principal Fincl Grp Inc Inc has invested 0.01% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Convergence Investment Llc owns 15 shares. Gotham Asset Mgmt Lc stated it has 35,053 shares. Hartline Invest Corp accumulated 10,427 shares. State Street owns 3.56 million shares.

Since January 24, 2018, it had 0 buys, and 7 selling transactions for $33.69 million activity. On Friday, March 9 HUNT JOHNNIE B JR sold $281,688 worth of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) or 2,328 shares. Shares for $156,901 were sold by Hicks Bradley W. on Wednesday, May 9. Field Darren P. had sold 500 shares worth $63,060 on Friday, May 18.

The stock of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) hit a new 52-week high and has $137.42 target or 6.00 % above today’s $129.64 share price. The 6 months bullish chart indicates low risk for the $14.23 billion company. The 1-year high was reported on Jun, 14 by Barchart.com. If the $137.42 price target is reached, the company will be worth $853.74 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.20% or $0.2533 during the last trading session, reaching $129.6433. About 345,914 shares traded. J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has risen 51.06% since June 14, 2017 and is uptrending. It has outperformed by 38.49% the S&P500.

Analysts await J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) to report earnings on July, 16. They expect $1.27 EPS, up 44.32 % or $0.39 from last year’s $0.88 per share. JBHT’s profit will be $139.39 million for 25.52 P/E if the $1.27 EPS becomes a reality. After $1.07 actual EPS reported by J.B. Hunt Transport Services, Inc. for the previous quarter, Wall Street now forecasts 18.69 % EPS growth.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Ratings Coverage

Among 16 analysts covering JB Hunt (NASDAQ:JBHT), 6 have Buy rating, 1 Sell and 9 Hold. Therefore 38% are positive. JB Hunt had 32 analyst reports since December 28, 2017 according to SRatingsIntel. Robert W. Baird maintained J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) on Thursday, January 18 with “Hold” rating. The stock has “Hold” rating by Cowen & Co on Monday, April 23. The company was maintained on Thursday, December 28 by Robert W. Baird. Stephens maintained it with “Buy” rating and $140.0 target in Friday, January 19 report. Stifel Nicolaus maintained J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) rating on Tuesday, April 17. Stifel Nicolaus has “Hold” rating and $122 target. The rating was maintained by Stephens on Monday, April 9 with “Buy”. The rating was downgraded by Credit Suisse on Friday, January 19 to “Hold”. The stock has “Hold” rating by J.P. Morgan on Thursday, January 11. The rating was upgraded by Deutsche Bank on Monday, April 2 to “Buy”. The stock of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has “Hold” rating given on Monday, January 29 by BMO Capital Markets.

More news for J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) were recently published by: Seekingalpha.com, which released: “Spotlight On Gambling Reset And Banking Bill” on May 19, 2018. Nasdaq.com‘s article titled: “Report: Developing Opportunities within ConocoPhillips, Teleflex, Enterprise Products Partners, Tandem Diabetes …” and published on June 12, 2018 is yet another important article.

J.B. Hunt Transport Services, Inc., together with its subsidiaries, provides surface transportation and delivery services in the continental United States, Canada, and Mexico. The company has market cap of $14.23 billion. It operates through four divisions: Intermodal , Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truck (JBT). It has a 20.46 P/E ratio. The JBI segment offers intermodal freight solutions, such as origin and destination pickup, and delivery services.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Institutional Positions Chart

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