J.B. Hunt Transport Services (JBHT) has been under a strong bear grip, hence the stock is down -0.61% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.93% in the past 1 week. The stock has risen by 4.48% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.62% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.68% and the 50-Day Moving Average is 0.74%.The 200 Day SMA reached 2.91% JB Hunt Transport Services Inc. is up 2.18% in the last 3-month period. Year-to-Date the stock performance stands at 11.8%.
J.B. Hunt Transport Services (JBHT) : Currently there are 13 street experts covering J.B. Hunt Transport Services (JBHT) stock. The most bullish and bearish price target for the stock is $96 and $77 respectively for the short term. The average price target of all the analysts comes to $89.46. The estimated standard deviation from the target is $5.65.
For the current week, the company shares have a recommendation consensus of Buy. J.B. Hunt Transport Services (NASDAQ:JBHT): stock was range-bound between the intraday low of $80.69 and the intraday high of $81.73 after having opened at $81.15 on Fridays session. The stock finally closed in the red at $81.15, a loss of -0.25%. The stock remained in the red for the whole trading day. The total traded volume was 1,100,069 shares. The stock failed to cross $81.73 in Fridays trading. The stocks closing price on Thursday was $81.54.
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.