JBHT stock: buy or sell?
August 22nd, 2019
J.B. Hunt Transport Services, Inc., together with its subsidiaries, provides surface transportation and delivery services in the continental United States, Canada, and Mexico.
Should I buy JBHT stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Check the only buy setup that matches with J.B. Hunt Transport Services stock now:
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||Yes|
|100d MA crossing up 200d MA||No|
Is J.B. Hunt Transport Services stock a buy?
Banks and financial institutions publish stock ratings everyday.At Stocks2.com, we gathered 15 ratings published for JBHT stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-16||Cowen||Market Perform||Market Perform|
|2019-7-11||Credit Suisse Group||Outperform||Neutral|
|2019-7-10||Goldman Sachs Group||n/a||Buy|
|2019-5-28||Bank of America||Buy||Neutral|
|2019-4-4||Barclays||Equal Weight||Equal Weight|
|2019-4-16||Morgan Stanley||Equal Weight||Equal Weight|
|2019-1-7||Morgan Stanley||Equal Weight||Equal Weight|
JBHT stock analysis
After climbing for 4 sessions, Thursday J.B. Hunt Transport Services stayed steady a tight -0.14%, closing at $101.79.
After climbing for 4 sessions, Thursday J.B. Hunt Transport Services stayed stable a tight -0.14%, closing at $101.79. In the last 4 days when JBHT stock price broke up the SMA200d line, it gained $3.77 (3.85%). JBHT marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $102.20 would break this short term down trend and open possibilities for reversing this situation. Since August/21 when SMA50d and SMA100d crossed up, JBHT price gained $1.61 per share (1.61%).
After sliding for 4 weeks, this week J.B. Hunt Transport Services soared a more than good 3.85%, closing at $101.79. By mid July JBHT climbed a super good 10.42% in just one week. After 4 weeks sliding, this week raised a 3.82%.
JBHT marked an uptrend of rising tops and rising bottoms. Since its last top late July at $106.35, price slid and bounced up back from $93.65. Breaking down under $93.65 would cancel the current uptrend and it might test lower supports. Note that $106.35 might act as a resistance line. This week JBHT price bounced up over the SMA of 40 weeks that acted as support stopping new slides.
JBHT stock price history
JBHT IPO was on November 22nd, 1983 at $1.02 per share1. Since then, JBHT stock grew a 9,879.40%, with a yearly average of 282.30%. If you had invested $1,000 in JBHT stock in 1983, it would worth $98,794.00 today.
1: Adjusted price after possible price splits or reverse-splits.
JBHT stock historical price chart
JBHT stock reached 52-week highs on September at $126.66, and all-time highs 2018-06-13 with a price of 130.18.
JBHT stock price target is $110.10Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We have 12 price targets for J.B. Hunt Transport Services stock posted in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-7-8||Morgan Stanley||Set Price Target||n/a||$88.00||-|
|2019-7-16||Susquehanna Bancshares||Raises Target||$110.00||$114.00||3.6%|
|2019-7-16||Stifel Nicolaus||Raises Target||$95.00||$104.00||9.5%|
|2019-4-2||Buckingham Research||Lowers Target||$132.00||$130.00||-1.5%|
|2019-4-16||Morgan Stanley||Lowers Target||$105.00||$95.00||-9.5%|
|2019-2-14||Deutsche Bank||Set Price Target||n/a||$125.00||-|
|2019-1-7||Morgan Stanley||Lowers Target||$118.00||$113.00||-4.2%|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter publishing its last earnings report on April, J.B. Hunt Transport Services decreased an unpleasant -4.07%. Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw an outstanding increase of 19.82% to $8,614.87 million USD. When comparing 2018 vs 2017, nonetheless, profit margin (that is, the net income divided by revenues) declined a -3.86% to 5.68%. J.B. Hunt Transport Services presents anual results in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, J.B. Hunt Transport Services TTM sales up to March 2019 were $8,756.26 and income $491.04 million dollars. If we compare this TTM figures with the last reported annuality, we can esteem J.B. Hunt Transport Services business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, grew a slightly good 1.64%. By contrast, profit margin (net income/revenues) remained steady at 5.68%.
|2013||$5,580 M||-||$342 M6.1%||-|
|2014||$6,165 M||10.49%||$375 M6.1%||9.47%|
|2015||$6,188 M||0.36%||$427 M6.9%||13.99%|
|2016||$6,555 M||5.94%||$432 M6.6%||1.14%|
|2017||$7,190 M||9.67%||$686 M9.5%||58.82%|
|2018||$8,615 M||19.82%||$490 M5.7%||-28.66%|
|TTM||$8,756 M||1.64%||$491 M5.6%||0.30%|
Quarterly financial resultsJ.B. Hunt Transport Services reported $2,089.63 million in revenues for 2019-Q1, a -9.85% less compared to previous quarter. Reported quarter income marked $119.60 million with a profit margin of 5.72%. Profit margin inched a 1.90% compared to previous quarter when profit margin was 3.83%. When comparing turnover to same quarter last year, J.B. Hunt Transport Services sales marked a remarkable growth and rose a 7.26%.
|2017-Q2||$1,730 M||-||$98 M5.7%||-|
|2017-Q3||$1,840 M||6.36%||$100 M5.5%||2.57%|
|2017-Q4||$1,990 M||8.16%||$385 M19.4%||283.81%|
|2018-Q1||$1,948 M||-2.11%||$118 M6.1%||-69.34%|
|2018-Q2||$2,139 M||9.79%||$152 M7.1%||28.36%|
|2018-Q3||$2,210 M||3.31%||$131 M5.9%||-13.55%|
|2018-Q4||$2,318 M||4.89%||$89 M3.8%||-32.36%|
|2019-Q1||$2,090 M||-9.85%||$120 M5.7%||34.87%|
J.B. Hunt Transport Services ownershipWhen you are planning to buy shares of a stock, it's always worth to have a look its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For J.B. Hunt Transport Services, 20.38% of all outstanding shares are owned by its staff.
In case of J.B. Hunt Transport Services stock, 73.54% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for JBHT stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related stocks:
|Market cap||$11.1 B||$742.6 M||$1.4 B||$5.9 B||$12.4 B|
|Total shares||108.7 M||25.5 M||33.4 M||173.1 M||100.6 M|
|Float shares||84.4 M||24.8 M||31.9 M||123.9 M||99.3 M|
|- Institutional holdings (%)||73.5%||97.1%||94.5%||90.5%||85.4%|
|- Insider holdings (%)||20.4%||1.5%||3.6%||9.7%||0.5%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Thursday, August 22nd, 2019|
|Day range||$100.94 - $102.55|
|Average true range||$2.85|
|50d mov avg||$95.53|
|100d mov avg||$95.25|
|200d mov avg||$98.67|
J.B. Hunt Transport Services performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We chose ArcBest, Hub, Knight Transportation, , Norfolk Souther, Old Dominion Freight Line, Ryder System and Werner Enterprises as the bechmarking frame for J.B. Hunt Transport Services stock.
|JBHTJ.B. Hunt Transpo...||14.33%||-6.20%||-16.96%|
|ODFLOld Dominion Frei...||19.16%||8.79%||12.96%|
J.B. Hunt Transport Services competitorsOne check before trading any stock is to review a list of its competitors, in this case for J.B. Hunt Transport Services. We chose 8 companies as J.B. Hunt Transport Services competitors as they are in the same industry or have similar market objectives.
- ArcBest (ARCB)
- Hub (HUBG)
- Knight Transportation (KNX)
- Norfolk Souther (NSC)
- Old Dominion Freight Line (ODFL)
- Ryder System (R)
- Werner Enterprises (WERN)
Latest JBHT stock news
- InvestorPlaceTrade of the Day: J.B. Hunt Transport Services (JBHT)August 23, 2018
- InvestorPlaceJ.B. Hunt Transport Services Stock Slips Despite Q2 Earnings BeatJuly 16, 2018