J.B. Hunt Transport Services, Inc. (JBHT)’s latest performance is not what we had anticipated

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) kicked off on Tuesday, up 0.96% from the previous trading day, before settling in for the closing price of $170.52. Over the past 52 weeks, JBHT has traded in a range of $153.12-$219.51.

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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 9.23%. While this was happening, its average annual earnings per share was recorded -18.10%. With a float of $81.59 million, this company’s outstanding shares have now reached $103.22 million.

The extent of productivity of a business whose workforce counts for 34718 workers is very important to gauge.

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

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 19.99%, while institutional ownership is 76.72%. The most recent insider transaction that took place on Jul 19 ’24, was worth 98,082. In this transaction Director of this company bought 600 shares at a rate of $163.47, taking the stock ownership to the 3,594 shares. Before that another transaction happened on Apr 26 ’24, when Company’s CEO bought 6,200 for $161.06, making the entire transaction worth $998,550. This insider now owns 313,955 shares in total.

J.B. Hunt Transport Services, Inc. (JBHT) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -18.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.60% 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 1.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.42. Likewise, its price to free cash flow for the trailing twelve months is 85.57.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.81, a number that is poised to hit 1.46 in the next quarter and is forecasted to reach 7.47 in one year’s time.

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

The latest stats from [J.B. Hunt Transport Services, Inc., JBHT] show that its last 5-days average volume of 0.92 million was superior to 0.87 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 74.25%. Additionally, its Average True Range was 4.84.

During the past 100 days, J.B. Hunt Transport Services, Inc.’s (JBHT) raw stochastic average was set at 37.11%, which indicates a significant decrease from 76.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.30% in the past 14 days, which was higher than the 27.65% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $161.09, while its 200-day Moving Average is $182.38. Now, the first resistance to watch is $174.24. This is followed by the second major resistance level at $176.32. The third major resistance level sits at $177.65. If the price goes on to break the first support level at $170.83, it is likely to go to the next support level at $169.50. Assuming the price breaks the second support level, the third support level stands at $167.42.

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

The company with the Market Capitalisation of 17.56 billion has total of 103,197K 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 2,929 M and last quarter income was 135,870 K.