Analysts Estimate Report : What to Look Out for J.B. Hunt Transport Services (NASDAQ:JBHT)

Earnings results for J.B. Hunt Transport Services (NASDAQ:JBHT)

J.B. Hunt Transport Services, Inc. is expected* to report earnings on 10/15/2021 before market open. The report will be for the fiscal Quarter ending Sep 2021. According to Zacks Investment Research, based on 7 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.77. The reported EPS for the same quarter last year was $1.18.

J.B. Hunt Transport Services last posted its earnings data on July 18th, 2021. The transportation company reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.06. The firm had revenue of $2.91 billion for the quarter, compared to analysts’ expectations of $2.73 billion. Its revenue for the quarter was up 35.6% on a year-over-year basis. 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 30.6. 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 .

Analyst Opinion on J.B. Hunt Transport Services (NASDAQ:JBHT)

According to the issued ratings of 20 analysts in the last year, the consensus rating for J.B. Hunt Transport Services stock is Hold based on the current 1 sell rating, 10 hold ratings and 9 buy ratings for JBHT. The average twelve-month price target for J.B. Hunt Transport Services is $170.61 with a high price target of $205.00 and a low price target of $138.00.
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on JBHT’s analyst rating history

J.B. Hunt Transport Services has received a consensus rating of Hold. The company’s average rating score is 2.40, and is based on 9 buy ratings, 10 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $170.61, J.B. Hunt Transport Services has a forecasted downside of 0.4% from its current price of $171.36. J.B. Hunt Transport Services has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: J.B. Hunt Transport Services (NASDAQ:JBHT)

J.B. Hunt Transport Services has a dividend yield of 0.70%, which is in the bottom 25% of all stocks that pay dividends. J.B. Hunt Transport Services has been increasing its dividend for 8 years. The dividend payout ratio of J.B. Hunt Transport Services is 25.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, J.B. Hunt Transport Services will have a dividend payout ratio of 15.67% next year. This indicates that J.B. Hunt Transport Services will be able to sustain or increase its dividend.

Insiders buying/selling: J.B. Hunt Transport Services (NASDAQ:JBHT)

In the past three months, J.B. Hunt Transport Services insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $626,912.00 in company stock. Only 3.30% of the stock of J.B. Hunt Transport Services is held by insiders. 72.73% of the stock of J.B. Hunt Transport Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of J.B. Hunt Transport Services (NASDAQ:JBHT

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 30.60, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.74. The P/E ratio of J.B. Hunt Transport Services is 30.60, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 44.22. 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 6.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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