William Blair Analysts Begin Coverage on J.B. Hunt Transport Services (JBHT)

By admin | 6 years ago

Equities research analysts at William Blair started coverage on shares of J.B. Hunt Transport Services (NASDAQ: JBHT) in a research note issued to investors on Monday. The firm set a “market perform” rating on the stock.

JBHT has been the subject of a number of other recent research reports. Analysts at BMO Capital Markets raised their price target on shares of J.B. Hunt Transport Services from $53.00 to $59.00 in a research note to investors on Monday, April 16th. They now have a “market perform” rating on the stock. Separately, analysts at Citigroup (NYSE: C) raised their price target on shares of J.B. Hunt Transport Services to $60.00 in a research note to investors on Friday, April 13rd. Finally, analysts at RBC Capital (NYSE: RY) raised their price target on shares of J.B. Hunt Transport Services from $48.00 to $55.00 in a research note to investors on Friday, April 13rd. They now have a “sector perform” rating on the stock.

J.B. Hunt Transport Services traded up 0.76% on Monday, hitting $55.36. J.B. Hunt Transport Services has a 1-year low of $34.42 and a 1-year high of $57.43. The company has a market cap of $6.482 billion and a price-to-earnings ratio of 24.06.

J.B. Hunt Transport Services last released its earnings data on Thursday, April 12nd. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.06. The company’s revenue for the quarter was up 16.9% on a year-over-year basis. Analysts expect that J.B. Hunt Transport Services will post $0.70 EPS next quarter.

J.B. Hunt Transport Services, Inc. (JBHT) is a holding company that, together with its wholly owned subsidiaries, operates as a surface transportation and delivery services to a diverse group of customers and consumers throughout the continental United States, Canada and Mexico.

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