U.S. Markets closed

Should J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Be Your Next Stock Pick?

Simply Wall St

Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!

I've been keeping an eye on J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe JBHT has a lot to offer. Basically, it is a notable dividend-paying company that has been able to sustain great financial health over the past. Below, I've touched on some key aspects you should know on a high level. If you're interested in understanding beyond my broad commentary, take a look at the report on J.B. Hunt Transport Services here.

Adequate balance sheet average dividend payer

JBHT's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that JBHT has sufficient cash flows and proper cash management in place, which is an important determinant of the company’s health. JBHT seems to have put its debt to good use, generating operating cash levels of 0.77x total debt in the most recent year. This is also a good indication as to whether debt is properly covered by the company’s cash flows.

NasdaqGS:JBHT Historical Debt, May 6th 2019

Income investors would also be happy to know that JBHT is a great dividend company, with a current yield standing at 1.1%. JBHT has also been regularly increasing its dividend payments to shareholders over the past decade.

NasdaqGS:JBHT Historical Dividend Yield, May 6th 2019

Next Steps:

For J.B. Hunt Transport Services, there are three essential aspects you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for JBHT’s future growth? Take a look at our free research report of analyst consensus for JBHT’s outlook.
  2. Historical Performance: What has JBHT's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of JBHT? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.