J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) on Tuesday, soared 0.10% from the previous trading day, before settling in for the closing price of $167.38. Within the past 52 weeks, JBHT’s price has moved between $160.07 and $219.51.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 9.23%. The company achieved an average annual earnings per share of -7.58%. With a float of $82.69 million, this company’s outstanding shares have now reached $103.22 million.
Considering the fact that the conglomerate employs 34718 people, you should pay attention to its efficiency factor.
J.B. Hunt Transport Services, Inc. (JBHT) Breakdown of a Key Holders of the stock
Observing investor behavior towards Integrated Freight & Logistics industry stocks is more important than anything else. The insider ownership of J.B. Hunt Transport Services, Inc. is 19.95%, while institutional ownership is 75.83%. 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) Recent Fiscal highlights
As on 3/31/2024, Multinational firm has announced its last quarter scores, in which it reported 1.81 earnings per share (EPS) for the period falling under the consensus outlook (set at 1.92) by -0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.74 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -7.58% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.80% 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
J.B. Hunt Transport Services, Inc. (JBHT) is currently performing well based on its current performance indicators. A quick ratio of 1.15 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.38.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.31, a number that is poised to hit 1.54 in the next quarter and is forecasted to reach 8.44 in one year’s time.
Technical Analysis of J.B. Hunt Transport Services, Inc. (JBHT)
Compared to the last year’s volume of 0.84 million, its volume of 1.81 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 22.78%. Additionally, its Average True Range was 5.13.
During the past 100 days, J.B. Hunt Transport Services, Inc.’s (JBHT) raw stochastic average was set at 12.59%, which indicates a significant decrease from 19.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.26% in the past 14 days, which was higher than the 28.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $196.42, while its 200-day Moving Average is $192.42. Nevertheless, the first resistance level for the watch stands at $168.70 in the near term. At $169.86, the stock is likely to face the second major resistance level. The third major resistance level sits at $170.92. If the price goes on to break the first support level at $166.48, it is likely to go to the next support level at $165.42. Now, if the price goes above the second support level, the third support stands at $164.26.
J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) Key Stats
Market capitalization of the company is 17.31 billion based on 103,298K outstanding shares. Right now, sales total 12,830 M and income totals 728,290 K. The company made 2,944 M in profit during its latest quarter, and 127,490 K in sales during its previous quarter.
