J.B. Hunt Transport Services (NASDAQ:JBHT) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 1.94 by 17 Brokerage Firm. 9 Wall Street Firms have rated the stock as a strong buys. 8 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Brokerage firm Credit Suisse maintains its rating on J.B. Hunt Transport Services (NASDAQ:JBHT). As per the latest information, the brokerage house raises the price target to $96 per share from a prior target of $93. The shares have been rated Outperform. The rating by the firm was issued on April 19, 2016.
J.B. Hunt Transport Services (NASDAQ:JBHT): 13 Analyst have given the stock of J.B. Hunt Transport Services (NASDAQ:JBHT) a near short term price target of $90.15. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $5.83. The higher price target estimate is at $96 while the lower price estimates are fixed at $80.
J.B. Hunt Transport Services (NASDAQ:JBHT) witnessed a decline in the market cap on Tuesday as its shares dropped 0.96% or 0.78 points. After the session commenced at $77.68, the stock reached the higher end at $80.82 while it hit a low of $77.45. With the volume soaring to 1,116,917 shares, the last trade was called at $80.13. The company has a 52-week high of $89.43. The company has a market cap of $9,027 million and there are 112,654,332 shares in outstanding. The 52-week low of the share price is $63.58.
Shares of JB Hunt Transport Services Inc. appreciated by 1.14% during the last five trading days but lost 1.41% on a 4-week basis. JB Hunt Transport Services Inc. has dropped 6.27% during the last 3-month period . Year-to-Date the stock performance stands at 9.84%.
J.B. Hunt Transport Services, Inc. is a holding company that, together with its wholly owned subsidiaries, is engaged in providing surface transportation, delivery and logistics services. The Company operates in four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The JBI segment includes freight that is transported by rail and certain repositioning truck freight moved by JBI equipment or third-party carriers. DCS segment includes company-owned and customer-owned DCS-operated revenue equipment and employee drivers assigned to a specific customer, traffic lane or service. ICS provides non-asset and asset-light transportation solutions. ICS services include flatbed, refrigerated, and less-than-truckload (LTL), as well as a variety of dry-van and intermodal solutions. JBT business includes full-load, dry-van freight that is typically transported utilizing company-owned or company-controlled revenue equipment.