J.B. Hunt Transport Services Inc. (NASDAQ:JBHT) has a beta of 1.02, a 12-month trailing P/E ratio of 33.01, and a growth ratio of 1.53. The stock’s Relative Strength Index (RSI) is 45.98, with weekly volatility at 2.01% and ATR at 4.03. The JBHT stock’s 52-week price range has touched low of $103.70 and a $183.80 high. Its shares traded lower over the last trading session, losing -0.85% on 05/20/21. The shares fell to a low of $169.55 before closing at $169.82. Intraday shares traded counted 0.43 million, which was 27.03% higher than its 30-day average trading volume of 591.35K. JBHT’s previous close was $171.28 while the outstanding shares total 105.68M.
Investors have identified the Integrated Freight & Logistics company J.B. Hunt Transport Services Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $17.89 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
J.B. Hunt Transport Services Inc. (JBHT) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 2.13 billion total, with 1.17 billion as their total liabilities.
JBHT were able to record 255.88 million as free cash flow during the 07/16/2021 quarter of the year, this saw their quarterly net cash flow reduce by 239.67 million. In cash movements, the company had a total of 364.66 million as operating cash flow.
Potential earnings growth for J.B. Hunt Transport Services Inc. (JBHT)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/16/2021 quarter of the year, J.B. Hunt Transport Services Inc. recorded a total of 2.62 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 12.88% coming in sequential stages and their sales for the 07/16/2021 quarter reducing by -4.56%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 1.55 billion trying to sell their products during the last quarter, with the result yielding a gross income of 1.07 billion. This allows shareholders to hold on to 105.68M with the recently reported earning now reading 1.39 cents per share. This is a figure that compared to analyst’s prediction for their 07/16/2021 (1.37 cents a share).
Having a look at the company’s valuation, the company is expected to record 7.44 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on JBHT sounds very interesting.
Is the stock of JBHT attractive?
In related news, Director, GARRISON EARL WAYNE sold 23,256 shares of the company’s stock in a transaction that recorded on May 10. The sale was performed at an average price of 182.17, for a total value of 4,236,441. As the sale deal closes, the Director, George Gary Charles now sold 5,000 shares of the company’s stock, valued at 911,450. Also, Director, GARRISON EARL WAYNE sold 50,000 shares of the company’s stock in a deal that was recorded on May 04. The shares were price at an average price of 175.68 per share, with a total market value of 8,783,901. Following this completion of acquisition, the EVP, CCO & People/HR, Simpson Shelley now holds 3,000 shares of the company’s stock, valued at 523,500. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.40%.
10 out of 24 analysts covering the stock have rated it a Buy, while 11 have maintained a Hold recommendation on J.B. Hunt Transport Services Inc.. 1 analysts has assigned a Sell rating on the JBHT stock. The 12-month mean consensus price target for the company’s shares has been set at $178.67.