J B Hunt Transport Services (NASDAQ:JBHT) issued its quarterly earnings results on Monday. The transportation company reported $1.47 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.40 by $0.07, Bloomberg Earnings reports. The company had revenue of $2.21 billion for the quarter, compared to analyst estimates of $2.22 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 for the quarter was up 19.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.91 earnings per share.

JBHT stock opened at $113.89 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.13 and a current ratio of 1.13. J B Hunt Transport Services has a fifty-two week low of $100.78 and a fifty-two week high of $131.74. The company has a market cap of $13.01 billion, a P/E ratio of 30.45, a PEG ratio of 1.74 and a beta of 0.93.

In related news, EVP Terrence D. Matthews sold 5,163 shares of the company’s stock in a transaction that occurred on Wednesday, August 8th. The shares were sold at an average price of $122.11, for a total transaction of $630,453.93. Following the sale, the executive vice president now directly owns 23,810 shares in the company, valued at $2,907,439.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider John N. Roberts sold 8,225 shares of the company’s stock in a transaction that occurred on Friday, July 20th. The stock was sold at an average price of $121.51, for a total transaction of $999,419.75. Following the sale, the insider now owns 285,250 shares in the company, valued at $34,660,727.50. The disclosure for this sale can be found here. Insiders have sold 15,623 shares of company stock worth $1,901,874 over the last 90 days. Insiders own 4.20% of the company’s stock.

A number of analysts have issued reports on the stock. BidaskClub upgraded shares of J B Hunt Transport Services from a “sell” rating to a “hold” rating in a research note on Friday, August 3rd. Zacks Investment Research lowered shares of J B Hunt Transport Services from a “buy” rating to a “hold” rating in a research note on Friday, August 3rd. Cowen reiterated a “hold” rating and set a $129.00 price target on shares of J B Hunt Transport Services in a research note on Tuesday. Stifel Nicolaus set a $118.00 price target on shares of J B Hunt Transport Services and gave the stock a “hold” rating in a research note on Tuesday. Finally, Credit Suisse Group cut their price target on shares of J B Hunt Transport Services from $151.00 to $148.00 and set an “outperform” rating on the stock in a research note on Tuesday. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $128.89.

About J B Hunt Transport Services

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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