Press coverage about J B Hunt Transport Services (NASDAQ:JBHT) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. J B Hunt Transport Services earned a news impact score of 0.07 on Accern’s scale. Accern also assigned news stories about the transportation company an impact score of 46.3752817234593 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
A number of research analysts recently issued reports on the company. BidaskClub upgraded J B Hunt Transport Services from a “buy” rating to a “strong-buy” rating in a report on Wednesday, January 24th. Zacks Investment Research upgraded J B Hunt Transport Services from a “hold” rating to a “buy” rating and set a $138.00 price objective for the company in a report on Tuesday, January 23rd. Cowen reiterated a “market perform” rating and set a $124.00 price objective (down from $127.00) on shares of J B Hunt Transport Services in a report on Monday, January 29th. Stephens reiterated a “buy” rating and set a $140.00 price objective on shares of J B Hunt Transport Services in a report on Friday, January 19th. Finally, Loop Capital reiterated a “buy” rating and set a $145.00 price objective on shares of J B Hunt Transport Services in a report on Friday, January 19th. Ten investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. J B Hunt Transport Services has an average rating of “Buy” and an average target price of $118.89.
Shares of JBHT stock traded up $0.53 during midday trading on Friday, reaching $120.30. The company had a trading volume of 895,485 shares, compared to its average volume of 705,655. J B Hunt Transport Services has a 1 year low of $83.35 and a 1 year high of $126.49. The company has a quick ratio of 1.43, a current ratio of 1.45 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $13,203.41, a PE ratio of 19.43, a PEG ratio of 1.80 and a beta of 0.96.
The business also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Friday, February 9th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, February 8th. This is a boost from J B Hunt Transport Services’s previous quarterly dividend of $0.23. This represents a $0.96 annualized dividend and a yield of 0.80%. J B Hunt Transport Services’s dividend payout ratio is 15.51%.
In related news, Director Earl Wayne Garrison sold 21,344 shares of the stock in a transaction that occurred on Wednesday, January 24th. The stock was sold at an average price of $125.79, for a total transaction of $2,684,861.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Johnnie B. Hunt, Jr. sold 2,328 shares of the stock in a transaction that occurred on Friday, March 9th. The shares were sold at an average price of $121.00, for a total value of $281,688.00. Following the transaction, the director now directly owns 70,697 shares of the company’s stock, valued at $8,554,337. The disclosure for this sale can be found here. Corporate insiders own 4.30% of the company’s stock.
About J B Hunt Transport Services
J.B. Hunt Transport Services, Inc is a surface transportation, delivery, and logistics company in North America. The Company segments include Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The Company, through its subsidiaries, provides transportation and delivery services to a range of customers and consumers throughout the continental United States, Canada and Mexico.
Receive News & Ratings for J B Hunt Transport Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J B Hunt Transport Services and related companies with MarketBeat.com's FREE daily email newsletter.