Press coverage about J.B. Hunt Transport Services (NASDAQ:JBHT) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. J.B. Hunt Transport Services earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave headlines about the transportation company an impact score of 45.6334279386433 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- JB Hunt Transport Services, Inc. (NASDAQ:JBHT) Under Analyst Spotlight (wisdomsave.com)
- J.B. Hunt Transport Services, Inc. (JBHT) EVP Terrence D. Matthews Sells 2,694 Shares (americanbankingnews.com)
- JB Hunt Transport Services Reaches Analyst Target Price – Nasdaq (nasdaq.com)
- J.B. Hunt Transport Services, Inc. : JBHT-US: Dividend Analysis : August 07th, 2017 (record date) : By the numbers : September 9, 2017 (finance.yahoo.com)
- JB Hunt Transport Services Inc (JBHT) Needle Moving on Volume – Financial News Review (finnewsreview.com)
J.B. Hunt Transport Services (JBHT) traded up 0.09% during midday trading on Tuesday, reaching $101.59. The company’s stock had a trading volume of 531,084 shares. The company’s 50-day moving average is $95.43 and its 200 day moving average is $91.79. The firm has a market capitalization of $11.12 billion, a P/E ratio of 26.65 and a beta of 0.93. J.B. Hunt Transport Services has a 52 week low of $76.20 and a 52 week high of $102.99.
J.B. Hunt Transport Services (NASDAQ:JBHT) last announced its quarterly earnings results on Monday, July 17th. The transportation company reported $0.88 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.92 by ($0.04). The company had revenue of $1.73 billion during the quarter, compared to analyst estimates of $1.74 billion. J.B. Hunt Transport Services had a net margin of 6.32% and a return on equity of 30.00%. The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.92 EPS. Analysts expect that J.B. Hunt Transport Services will post $3.88 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, August 18th. Shareholders of record on Monday, August 7th were issued a $0.23 dividend. The ex-dividend date of this dividend was Thursday, August 3rd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.91%. J.B. Hunt Transport Services’s dividend payout ratio (DPR) is presently 24.08%.
A number of equities analysts have weighed in on the company. Stifel Nicolaus reiterated a “hold” rating and set a $88.00 price objective on shares of J.B. Hunt Transport Services in a research note on Friday, June 23rd. Wells Fargo & Company reiterated an “outperform” rating and set a $105.00 price objective (up previously from $100.00) on shares of J.B. Hunt Transport Services in a research note on Tuesday, July 18th. Loop Capital reiterated a “buy” rating and set a $103.00 price objective (down previously from $105.00) on shares of J.B. Hunt Transport Services in a research note on Saturday, July 22nd. Zacks Investment Research upgraded J.B. Hunt Transport Services from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. Finally, BidaskClub lowered J.B. Hunt Transport Services from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 2nd. Nine research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $98.80.
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In other J.B. Hunt Transport Services news, major shareholder J B. Hunt Llc sold 975,000 shares of J.B. Hunt Transport Services stock in a transaction on Tuesday, August 29th. The shares were sold at an average price of $98.00, for a total value of $95,550,000.00. Following the transaction, the insider now owns 17,477,085 shares in the company, valued at approximately $1,712,754,330. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Chairman James K. Thompson sold 8,503 shares of J.B. Hunt Transport Services stock in a transaction on Wednesday, July 19th. The shares were sold at an average price of $91.76, for a total transaction of $780,235.28. Following the completion of the transaction, the chairman now owns 51,846 shares in the company, valued at approximately $4,757,388.96. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,052,872 shares of company stock worth $103,066,436. 4.30% of the stock is owned by company insiders.
About J.B. Hunt Transport Services
J.B. Hunt Transport Services, Inc is a surface transportation, delivery, and logistics company in North America. The Company segments include Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The Company, through its subsidiaries, provides transportation and delivery services to a range of customers and consumers throughout the continental United States, Canada and Mexico.
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