J.B.HuntTransportServices (JBHT) Downgradedby JPMorganChase&Co. to Underweight

J.B.HuntTransportServices stock has undergone multiple analysts rating changes in the recent past.  J.B.HuntTransportServices Downgradedby JPMorganChase&Co. on 10-08-21. In a note to investors, the firm issued a new rating of Underweight. The analysts previously had rating of Neutral.

Shares of J.B.HuntTransportServices traded down -$3.27 on Thursday, reaching $169.78. 577709 shares of the stock traded hands, compared to its average volume of 483329. Shares of J.B.HuntTransportServices were trading at $169.78 on Thursday. The firm’s 50 day moving average is $172.48 and its 200 day moving average is $162.82.J.B.HuntTransportServices has a 12 month low of $168.09 and a 12 month high of $184.38. While on yearly highs and lows, J.B.HuntTransportServices’s today has traded high as $173.13 and has touched $168.09 on the downward trend. See More Analyst Rating at: RATING

J.B.HuntTransportServices Earnings and What to expect: 

J.B. Hunt Transport Services last posted its quarterly earnings results on July 18th, 2021. The transportation company reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.55 by $0.06. The business had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.73 billion. Its revenue for the quarter was up 35.6% compared to the same quarter last year. J.B. Hunt Transport Services has generated $4.74 earnings per share over the last year ($5.60 diluted earnings per share) and currently has a price-to-earnings ratio of 30.3. Earnings for J.B. Hunt Transport Services are expected to grow by 14.50% in the coming year, from $6.69 to $7.66 per share. J.B. Hunt Transport Services has confirmed that its next quarterly earnings report will be published on Friday, October 15th, 2021. J.B. Hunt Transport Services will be holding an earnings conference call on Friday, October 15th at 10:00 AM Eastern. Interested parties can .

Earnings for J.B. Hunt Transport Services are expected to grow by 14.50% in the coming year, from $6.69 to $7.66 per share. The P/E ratio of J.B. Hunt Transport Services is 30.32, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.75. The P/E ratio of J.B. Hunt Transport Services is 30.32, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 43.43. J.B. Hunt Transport Services has a PEG Ratio of 1.73. PEG Ratios above 1 indicate that a company could be overvalued. J.B. Hunt Transport Services has a P/B Ratio of 6.90. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

J.B.HuntTransportServices (JBHT) Moving Average Technical Analysis

5 day Moving Average is $170.14 And 5 day price change is $2.97 (1.78%)  with average volume for 5 day average is 427,980. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $170.28 and 20 day price change is -$4.00 (-2.30%) and average 20 day moving volume is 471,345. 50 day moving average is $172.48  and 50 day price change is $2.37 ( 1.42%)  and with average volume for 50 days is : 455,310. 200 day moving average is $162.82  and 200 day price change is $29.92 (21.39%)  and with average volume for 200 days is : 591,380.

Latest Insiders Trading and Volume : 

  • On 9/3/2021 EVP Stuart Lockard Scott Sell 1,757 at average share price of $183.34 which equates to $322,128.38 in money value.
  • On 8/27/2021 EVP Bradley W Hicks Sell 500 at average price of  $179.19 with total value of : $89,595.00
  • On 7/26/2021 EVP Eric Mcgee Sell 1,300 at average price of  $165.53 with total value of : $215,189.00

Other owners latest trading in J.B.HuntTransportServices :

  • On 10/7/2021 shares held by Berman Capital Advisors LLC were 633 which equates to market value of $0.11M and appx 0.00% owners of J.B.HuntTransportServices
  • On 10/7/2021 shares held by State of Alaska Department of Revenue were 49,256 which equates to market value of $8.24M and appx 0.10% owners of J.B.HuntTransportServices
  • On 10/6/2021 shares held by Clarus Wealth Advisors were 2,696 which equates to market value of $0.46M and appx 0.30% owners of J.B.HuntTransportServices
  • In total Institutional ownership equates to Institutional Ownership Percentage: 72.73% for J.B.HuntTransportServices

See More Analyst Rating at: RATING