113.00 +1.47 (1.32%)
After hours: 6:46PM EDT
|Bid||112.51 x 1100|
|Ask||113.49 x 3000|
|Day's Range||109.02 - 112.42|
|52 Week Range||100.25 - 131.74|
|Beta (3Y Monthly)||0.90|
|PE Ratio (TTM)||16.33|
|Earnings Date||Oct 15, 2018|
|Forward Dividend & Yield||0.96 (0.88%)|
|1y Target Est||133.62|
JB Hunt (JBHT) delivered earnings and revenue surprises of 5.00% and 0.30%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
Adobe ADBE stock rose nearly 6 percent during after-hours trading after it announced its growth strategy on Monday at its analyst meeting. Thomson Reuters predicts its fourth quarter earnings per share to be $1.89 and its revenue to be $2.43 billion. J.B. Hunt Transport Services JBHT fell as low as 3 percent during after-hours trading on Monday after the trucking company reported mixed third quarter earnings.
On a per-share basis, the Lowell, Arkansas-based company said it had profit of $1.19. Earnings, adjusted for non-recurring costs, came to $1.47 per share. The results surpassed Wall Street expectations. ...
LOWELL, Ark.-- -- Third Quarter 2018 Revenue: $2.21 billion; up 20% Third Quarter 2018 Operating Income: $174.7 million; up 6% Third Quarter 2018 EPS: $1.19 vs. 91 cents J.B. Hunt Transport Services, Inc., announced third quarter 2018 net earnings of $131.1 million, or diluted earnings per share of $1.19 vs. third quarter 2017 net earnings of $100.4 million, or 91 cents per diluted share. Included ...
NEW YORK, NY / ACCESSWIRE / October 15, 2018 / J.B. Hunt TransportServices, Inc. (NASDAQ: JBHT ) will be discussing their earnings results in their 2018 ThirdQuarter Earnings to be held on October15, 2018 ...
After intense selling this week, next week might usher in some buying, Jim Cramer told his Mad Money viewers Friday, as he laid out his game plan for next week's action. Cramer said Bank of America is cheap, but could go lower, while J.B. Hunt should shed some light on the shortage of truck drivers. Cramer endorsed buying these two best-of-breed names.
High operating expenses are likely to dampen J.B. Hunt's (JBHT) bottom-line growth in Q3. However, steep freight rates owing to robust freight demand are anticipated to partly offset the negativity.
J.B. Hunt Transport Services, Inc., (JBHT) (“JBHT”) announced today receipt of the arbitrators’ Interim Award on October 5, 2018 in J.B. Hunt Transport, Inc.’s arbitration with BNSF Railway Company (“BNSF”). The parties are required to submit additional information requested by the arbitrators over the next several months to decide the remaining unresolved matters. While the parties disagree on the other financial implications from the Interim Award, we believe such implications will not be fully determined until the arbitrators issue additional Award(s) following their review of each party’s requested additional submissions.
JB Hunt (JBHT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
JB Hunt Transport Services Inc (NASDAQ:JBHT), a large-cap worth US$13.2b, comes to mind for investors seeking a strong and reliable stock investment. One reason being its ‘too big to fail’ Read More...
YRC Worldwide (YRCW) operates through two segments: YRC Freight and YRC Regional. YRC Freight’s tonnage per day in July fell ~3.8% YoY (year-over-year) compared to the same month last year. Its tonnage per day in August also fell ~3.1% YoY.
In August, Genesee & Wyoming’s (GWR) Australia region witnessed robust 37.1% YoY (year-over-year) growth in rail traffic. The company hauled ~54,500 railcars in that month—compared to ~39,800 in the corresponding period of 2017.
J.B. Hunt Transport Services, Inc. , one of the largest supply chain solutions providers in North America, announced today that it has been named a 2019 Military Friendly® Employer by VIQTORY, marking the 12th consecutive year the company has received the distinction.
FedEx (FDX) incurred capital expenditure of $1.17 billion in the first quarter compared to $1.0 billion in the comparable period of fiscal 2018. The increase in capex was due to aircraft purchases, higher IT spending in FedEx Services segment, and increased vehicle purchases in the FedEx Freight and Express segment. For fiscal 2019, FedEx has slightly lowered its 2019 capex forecast to $5.6 billion, or ~8% of its projected revenue.
We’ll start FedEx’s (FDX) post-earnings series by looking into its first-quarter 2019 revenue. The company’s first quarter revenue was $17.0 billion, which beat analysts’ estimate of $16.8 billion by 1%. In the same quarter of fiscal 2018, the parcel delivery giant’s revenue stood at ~$15.3 billion, reflecting an 11.5% YoY (year-over-year) rise. The double-digit revenue growth was due to increased volumes, higher yields across segments, and lower taxes.
Solid freight demand is a huge positive for J.B. Hunt (JBHT). The company's buyout of Special Logistics Dedicated is another boon, expected to be conducive to growth this year.
In the previous part of this series, we looked at analysts’ recommendations for the major US truckload (XLI) carriers. Now let’s see how they are valued by the market.
Transportation stock XPO Logistics is extending gains after a breakout, making it the IBD Stock Of The Day after a big group move by the transportation sector.
Very few investing sectors represent the current administration better than trucking stocks. First, we must discuss the obvious: those woefully unstylish “MAGA” trucker caps. Joking aside, this economic segment has outperformed the broader indices, and it’s not even close.
Of the 24 analysts covering J.B. Hunt Transport Services (JBHT) stock, seven recommend a “strong buy,” and five recommend a “buy.” Eleven analysts recommend a “hold,” and one analyst recommends a “sell.” Their target price of $134.15 per share was 9% higher than the September 5 closing price of $123.07. JBHT’s spectacular growth across all its business segments in the second quarter could be the key to the stock’s upward path going forward.
A tax deduction for capital expenditures according to the new Tax Cuts and Jobs Act is a boon for the transportation industry. Lower taxes also help increase free cash flow. Transportation (IYT) is a cyclical industry that was reeling under pressure due to lower freight volumes in recent years.
J.B. Hunt (JBHT) benefits from strong shipping demand. The company's consistent efforts to reward shareholders through dividend and buybacks are also encouraging.
Truckload carriers and less-than-truckload carriers need to invest in terminals, fleet, network, other infrastructure, and, most importantly, technology. Usually, road carriers (XLI) that anticipate higher tonnage on their routes add trucks and trailers to their existing fleet. Capital expenditure is normally considered a percentage of total revenue.
The Dow Jones Transportation Average shot up 1.4% toward a record high in morning trade, with all 20 of its components gaining ground, led by trucking stocks. The index hit an all-time intraday high of 11,512.94 earlier in the session, and was well above the Aug. 21 record close of 11,436.36. The gainers were led by shares of truckers J.B. Hunt Transport Services Inc. , up 3.0%, and Landstar System Inc. , up 2.9%, followed by air carrier American Airlines Group Inc. , up 2.0%. Meanwhile, the Dow Jones Industrial Average was down 3 points, and was still 2.6% below its Jan. 26 record close of 26,616.71.