J.B. Hunt Transport Services (NASDAQ:JBHT) : 9 brokerage houses believe that J.B. Hunt Transport Services (NASDAQ:JBHT) is a Strong Buy at current levels. 8 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on J.B. Hunt Transport Services (NASDAQ:JBHT). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 17 Wall Street Analysts endorse the stock as a Buy with a rating of 1.94.
J.B. Hunt Transport Services (NASDAQ:JBHT) : 13 investment research analysts covering J.B. Hunt Transport Services (NASDAQ:JBHT) have an average price target of $90.15 for the near short term. The highest target price given by the Brokerage Firm to the stock is $96 and the lowest target is $80 for the short term. Analysts expect the variance to be within $5.83 of the average price.
For the current week, the company shares have a recommendation consensus of Buy.
J.B. Hunt Transport Services (NASDAQ:JBHT): stock turned positive on Tuesday. Though the stock opened at $77.5, the bulls momentum made the stock top out at $78.37 level for the day. The stock recorded a low of $76.97 and closed the trading day at $78.26, in the green by 1.74%. The total traded volume for the day was 714,153. The stock had closed at $76.92 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Roberts John N, (President and CEO) of Hunt J B Transport Services Inc, had unloaded 60,000 shares at an average price of $82.49 in a transaction dated on June 6, 2016. The total value of the transaction was worth $4,949,400.
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.