$771.51K in average volume shows that J.B. Hunt Transport Services, Inc. (JBHT) is heading in the right direction

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) kicked off on Tuesday, down -0.22% from the previous trading day ,before settling in for the closing price of $194.88. Over the past 52 weeks, JBHT has traded in a range of $164.39-$219.51.

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Industrials Sector giant saw their annual sales surged by 9.23% over the last five years. While this was happening, its average annual earnings per share was recorded 9.48%. With a float of $82.69 million, this company’s outstanding shares have now reached $103.22 million.

The firm has a total of 34718 workers. Let’s measure their productivity.

J.B. Hunt Transport Services, Inc. (JBHT) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Integrated Freight & Logistics Industry. The insider ownership of J.B. Hunt Transport Services, Inc. is 19.95%, while institutional ownership is 75.95%. The most recent insider transaction that took place on Mar 04 ’24, was worth 1,014,950. In this transaction Director of this company bought 5,000 shares at a rate of $202.99, taking the stock ownership to the 5,000 shares. Before that another transaction happened on Feb 26 ’24, when Company’s EVP- Final Mile Services sold 900 for $208.54, making the entire transaction worth $187,689. This insider now owns 15,032 shares in total.

J.B. Hunt Transport Services, Inc. (JBHT) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported $1.47 earnings per share (EPS), lower than consensus estimate (set at $1.75) by -$0.28. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.85 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 9.48% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.50% during the next five years compared to 9.50% growth over the previous five years of trading.

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) Trading Performance Indicators

Take a look at J.B. Hunt Transport Services, Inc.’s (JBHT) current performance indicators. Last quarter, stock had a quick ratio of 1.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.57.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.97, a number that is poised to hit 1.56 in the next quarter and is forecasted to reach 9.47 in one year’s time.

Technical Analysis of J.B. Hunt Transport Services, Inc. (JBHT)

Analysing the last 5-days average volume posted by the [J.B. Hunt Transport Services, Inc., JBHT], we can find that recorded value of 0.66 million was lower than the volume posted last year of 0.76 million. As of the previous 9 days, the stock’s Stochastic %D was 37.03%. Additionally, its Average True Range was 4.03.

During the past 100 days, J.B. Hunt Transport Services, Inc.’s (JBHT) raw stochastic average was set at 42.07%, which indicates a significant decrease from 46.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.17% in the past 14 days, which was lower than the 24.73% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $202.77, while its 200-day Moving Average is $192.56. Now, the first resistance to watch is $195.84. This is followed by the second major resistance level at $197.24. The third major resistance level sits at $198.91. If the price goes on to break the first support level at $192.77, it is likely to go to the next support level at $191.10. Should the price break the second support level, the third support level stands at $189.70.

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) Key Stats

The company with the Market Capitalisation of 20.09 billion has total of 103,298K Shares Outstanding. Its annual sales at the moment are 12,830 M in contrast with the sum of 728,290 K annual income. Company’s last quarter sales were recorded 3,304 M and last quarter income was 153,540 K.