Brokerages expect J B Hunt Transport Services Inc (NASDAQ:JBHT) to report $1.44 earnings per share for the current quarter, according to Zacks Investment Research. Seven analysts have provided estimates for J B Hunt Transport Services’ earnings. The highest EPS estimate is $1.49 and the lowest is $1.41. J B Hunt Transport Services reported earnings of $0.91 per share during the same quarter last year, which would indicate a positive year over year growth rate of 58.2%. The company is expected to report its next quarterly earnings report on Friday, October 12th.

On average, analysts expect that J B Hunt Transport Services will report full year earnings of $5.42 per share for the current financial year, with EPS estimates ranging from $5.34 to $5.50. For the next year, analysts expect that the business will post earnings of $6.43 per share, with EPS estimates ranging from $6.16 to $6.70. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow J B Hunt Transport Services.

J B Hunt Transport Services (NASDAQ:JBHT) last posted its quarterly earnings data on Monday, July 16th. The transportation company reported $1.37 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.28 by $0.09. The company had revenue of $2.14 billion for the quarter, compared to analysts’ expectations of $2.05 billion. J B Hunt Transport Services had a net margin of 9.54% and a return on equity of 26.63%. J B Hunt Transport Services’s revenue for the quarter was up 23.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.88 earnings per share.

JBHT has been the topic of a number of recent research reports. ValuEngine upgraded shares of J B Hunt Transport Services from a “hold” rating to a “buy” rating in a research report on Tuesday, September 11th. Zacks Investment Research cut shares of J B Hunt Transport Services from a “buy” rating to a “hold” rating in a research report on Thursday, July 19th. BidaskClub cut shares of J B Hunt Transport Services from a “hold” rating to a “sell” rating in a research report on Thursday, July 19th. Loop Capital set a $151.00 price target on shares of J B Hunt Transport Services and gave the company a “buy” rating in a research report on Monday, July 16th. Finally, Stifel Nicolaus increased their price target on shares of J B Hunt Transport Services from $122.00 to $123.00 and gave the company a “hold” rating in a research report on Tuesday, July 17th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and nine have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $129.84.

NASDAQ JBHT traded down $1.32 on Friday, reaching $118.09. 11,881 shares of the company’s stock traded hands, compared to its average volume of 587,347. J B Hunt Transport Services has a 12 month low of $100.25 and a 12 month high of $131.74. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.13 and a quick ratio of 1.13. The stock has a market capitalization of $13.35 billion, a P/E ratio of 31.78, a PEG ratio of 1.78 and a beta of 0.92.

In other news, insider John N. Roberts sold 8,225 shares of the stock in a transaction that occurred on Friday, July 20th. The stock was sold at an average price of $121.51, for a total transaction of $999,419.75. Following the completion of the sale, the insider now owns 285,250 shares of the company’s stock, valued at $34,660,727.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Chairman James K. Thompson sold 16,269 shares of the stock in a transaction that occurred on Wednesday, July 18th. The shares were sold at an average price of $122.00, for a total value of $1,984,818.00. Following the sale, the chairman now directly owns 41,559 shares of the company’s stock, valued at approximately $5,070,198. The disclosure for this sale can be found here. In the last three months, insiders have sold 38,018 shares of company stock valued at $4,630,817. Insiders own 4.20% of the company’s stock.

Several large investors have recently added to or reduced their stakes in JBHT. Janus Henderson Group PLC boosted its stake in shares of J B Hunt Transport Services by 55.7% during the second quarter. Janus Henderson Group PLC now owns 1,250,182 shares of the transportation company’s stock valued at $151,960,000 after purchasing an additional 447,102 shares during the period. Morgan Stanley boosted its stake in shares of J B Hunt Transport Services by 121.8% during the second quarter. Morgan Stanley now owns 505,965 shares of the transportation company’s stock valued at $61,502,000 after purchasing an additional 277,862 shares during the period. Los Angeles Capital Management & Equity Research Inc. boosted its stake in shares of J B Hunt Transport Services by 77.1% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 480,027 shares of the transportation company’s stock valued at $58,347,000 after purchasing an additional 208,922 shares during the period. CIBC World Markets Inc. purchased a new stake in shares of J B Hunt Transport Services during the second quarter valued at approximately $23,516,000. Finally, Renaissance Technologies LLC purchased a new stake in shares of J B Hunt Transport Services during the second quarter valued at approximately $10,726,000. 73.39% of the stock is owned by hedge funds and other institutional investors.

J B Hunt Transport Services Company Profile

J.B. Hunt Transport Services, Inc, together with its subsidiaries, provides surface transportation and delivery services in the continental United States, Canada, and Mexico. It operates through four segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truckload (JBT).

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Earnings History and Estimates for J B Hunt Transport Services (NASDAQ:JBHT)

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