J B Hunt Transport Services Inc (NASDAQ:JBHT) has received an average recommendation of “Hold” from the twenty-one brokerages that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, thirteen have given a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $128.20.

A number of equities research analysts have recently weighed in on JBHT shares. Zacks Investment Research raised shares of J B Hunt Transport Services from a “hold” rating to a “buy” rating and set a $137.00 target price on the stock in a research note on Tuesday, July 24th. BidaskClub raised shares of J B Hunt Transport Services from a “sell” rating to a “hold” rating in a research note on Friday, August 3rd. 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, Edward Jones lowered shares of J B Hunt Transport Services from a “buy” rating to a “hold” rating in a research note on Friday, September 28th.

Large investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC lifted its stake in shares of J B Hunt Transport Services by 186.8% in the second quarter. Tower Research Capital LLC TRC now owns 915 shares of the transportation company’s stock worth $111,000 after buying an additional 596 shares in the last quarter. Piedmont Investment Advisors LLC bought a new position in shares of J B Hunt Transport Services in the second quarter worth approximately $118,000. Migdal Insurance & Financial Holdings Ltd. lifted its stake in shares of J B Hunt Transport Services by 110.1% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,040 shares of the transportation company’s stock worth $124,000 after buying an additional 545 shares in the last quarter. Townsend & Associates Inc bought a new position in shares of J B Hunt Transport Services in the third quarter worth approximately $140,000. Finally, Edge Wealth Management LLC purchased a new position in shares of J B Hunt Transport Services during the second quarter valued at approximately $148,000. 71.64% of the stock is currently owned by institutional investors and hedge funds.

Shares of JBHT opened at $104.37 on Friday. The stock has a market cap of $11.85 billion, a PE ratio of 27.91, a P/E/G ratio of 1.67 and a beta of 0.95. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.11 and a current ratio of 1.11. J B Hunt Transport Services has a 1-year low of $101.51 and a 1-year high of $131.74.

J B Hunt Transport Services (NASDAQ:JBHT) last announced its earnings results on Monday, October 15th. The transportation company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.40 by $0.07. The firm 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 9.49% and a return on equity of 27.71%. The company’s revenue for the quarter was up 19.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.91 EPS. Research analysts expect that J B Hunt Transport Services will post 5.41 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 16th. Investors of record on Friday, November 9th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 0.92%. The ex-dividend date was Thursday, November 8th. J B Hunt Transport Services’s payout ratio is currently 25.67%.

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).

Featured Story: Cost of equity and a company’s balance sheet

Analyst Recommendations for J B Hunt Transport Services (NASDAQ:JBHT)

Receive News & Ratings for J B Hunt Transport Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J B Hunt Transport Services and related companies with MarketBeat.com's FREE daily email newsletter.