Stock Research Monitor: JBHT, USX, and WERN
LONDON, UK / ACCESSWIRE / July 23, 2018/ If you want a free Stock Review on KNX sign up now at www.wallstequities.com/registration. In today's pre-market research, WallStEquities.com covers the following stocks: J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), Knight-Swift Transportation Holdings Inc. (NYSE: KNX), U.S. Xpress Enterprises Inc. (NYSE: USX), and Werner Enterprises Inc. (NASDAQ: WERN). According to a First Research report dated last May, the U.S. general freight Trucking industry includes about 55,000 companies with combined annual revenue of about $165 billion. All you have to do is sign up today for this free limited time offer by clicking the link below.
J.B. Hunt Transport Services
Lowell, Arkansas headquartered J.B. Hunt Transport Services Inc.'s shares declined slightly by 0.26%, finishing last Friday's session at $121.26. A total volume of 996,381 shares was traded, which was above their three months average volume of 853,580 shares. In the previous three months and over the past year, the stock has advanced 1.40% and 32.48%, respectively. The Company's shares are trading above their 200-day moving average by 3.70%. Additionally, shares of the Company, which together with its subsidiaries, provides surface transportation and delivery services in the continental US, Canada, and Mexico, have a Relative Strength Index (RSI) of 41.84.
On July 17th, 2018, research firm Cowen reiterated its ‘Market Perform' rating on the Company's stock with an increase of the target price from $123 a share to $132 a share.
On July 19th, 2018, J.B. Hunt Transport Services announced that its Board of Directors has declared the regular quarterly dividend on its common stock of $ 0.24 per common share, payable to stockholders of record on August 03rd, 2018. The dividend will be paid on August 17th, 2018. Get the full research report on JBHT for free by clicking below at:
Knight-Swift Transportation Holdings
On Friday, shares in Phoenix, Arizona headquartered Knight-Swift Transportation Holdings Inc. ended the session 0.03% lower at $37.98. The stock recorded a trading volume of 2.09 million shares. The Company's shares have gained 8.39% over the past year. The stock is trading below its 50-day moving average by 4.36%. Moreover, shares of the Company, which together with its subsidiaries, provides truckload transportation and logistics services in the US, Mexico, and Canada, have an RSI of 44.90.
On July 11th, 2018, Swift Transportation Co., LLC, a subsidiary of Knight-Swift Transportation Holdings, announced the approval of the US Military Apprenticeship Program in the US. The national program was approved by the US Department of Labor to assist military veterans as they transition to a civilian occupation. Over the course of a year, the apprentice will undergo specialized training to be prepared for a career in the transportation industry.
On July 16th, 2018, research firm Barclays upgraded the Company's stock rating from ‘Equal Weight' to ‘Overweight', with a target price of $55 per share. Find your free research report on KNX at:
US Xpress Enterprises
Chattanooga, Tennessee headquartered US Xpress Enterprises Inc.'s stock climbed slightly by 0.41%, to close the day at $14.85. A total volume of 137,368 shares was traded. Shares of the Company, which operates as an asset-based truckload carrier providing services primarily in the US, are trading 2.10% below their 50-day moving average.
On July 02nd, 2018, US Xpress Enterprises (USX) announced that its Executive Chairman, Max Fuller, adopted a written purchase plan in accordance with Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended, and the Company's policies regarding stock transactions for the purchase of up to approximately $2.0 million of USX's Class A common stock.
On July 10th, 2018, research firm Wolfe Research initiated a 'Peer Perform' rating on the Company's stock. Sign up today for the free research report on USX at:
Shares in Omaha, Nebraska headquartered Werner Enterprises Inc. recorded a trading volume of 1.96 million shares, which was above their three months average volume of 1.02 million shares. The stock ended at $39.35, rising 3.28% from the last trading session. The Company's shares have gained 9.31% over the previous three months and 33.84% over the past year. The stock is trading above its 50-day and 200-day moving averages by 3.43% and 5.01%, respectively. Furthermore, shares of Werner Enterprises, which engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the US, Mexico, Canada, China, and Australia, have an RSI of 59.43.
On June 25th, 2018, Werner Enterprises received the 2018 Secretary of Defense Employer Support Freedom Award by the Employer Support of the Guard and Reserve. The Freedom Award is the highest recognition awarded by the Department of Defense to employers for their support of National Guard and Reserve members. The Company was the only carrier selected among the 15 winners from 2,350 nominations.
On July 11th, 2018, research firm JP Morgan downgraded the Company's stock rating from 'Neutral' to 'Underweight'. Wall St. Equities' research coverage also includes the downloadable free report on WERN at:
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