J. B. Hunt (NASDAQ:JBHT) announced its earnings results on Monday. The transportation company reported $1.07 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.07, Briefing.com reports. J. B. Hunt had a return on equity of 27.32% and a net margin of 9.55%. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.88 billion. During the same period in the prior year, the company posted $0.92 EPS. The business’s quarterly revenue was up 19.6% on a year-over-year basis.

Shares of JBHT opened at $119.75 on Tuesday. J. B. Hunt has a 52-week low of $83.35 and a 52-week high of $126.49. The firm has a market capitalization of $12,377.01, a price-to-earnings ratio of 32.02, a P/E/G ratio of 1.69 and a beta of 0.93. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.45 and a quick ratio of 1.43.

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Several research analysts recently commented on the company. Cowen reissued a “hold” rating and issued a $123.00 price objective on shares of J. B. Hunt in a research note on Monday. KeyCorp reissued an “equal weight” rating on shares of J. B. Hunt in a research note on Sunday. Goldman Sachs assumed coverage on J. B. Hunt in a research note on Tuesday, April 10th. They issued a “sell” rating and a $102.00 price objective for the company. BidaskClub downgraded J. B. Hunt from a “strong-buy” rating to a “buy” rating in a research note on Saturday, April 7th. Finally, Zacks Investment Research downgraded J. B. Hunt from a “buy” rating to a “hold” rating in a research note on Friday, April 6th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and ten have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $122.40.

In other J. B. Hunt news, Director Johnnie B. Hunt, Jr. sold 2,328 shares of the firm’s stock in a transaction on Friday, March 9th. The stock was sold at an average price of $121.00, for a total value of $281,688.00. Following the completion of the sale, the director now directly owns 70,697 shares of the company’s stock, valued at approximately $8,554,337. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Earl Wayne Garrison sold 21,344 shares of the firm’s stock in a transaction on Wednesday, January 24th. The stock was sold at an average price of $125.79, for a total value of $2,684,861.76. The disclosure for this sale can be found here. 4.20% of the stock is owned by company insiders.

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J. B. Hunt Company Profile

J.B. Hunt Transport Services, Inc is a surface transportation, delivery, and logistics company in North America. The Company segments include Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The Company, through its subsidiaries, provides transportation and delivery services to a range of customers and consumers throughout the continental United States, Canada and Mexico.

Earnings History for J. B. Hunt (NASDAQ:JBHT)

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