J.B. Hunt Transport Services Inc. ($JBHT) Stock Forecast: Up 5.6% Today

What is J.B. Hunt Transport Services Inc.?

JB Hunt Transport Services, Inc. (JBHT) is a transportation and logistics company providing services in North America. The company offers intermodal, truckload, dedicated contract services, and more.

Why is J.B. Hunt Transport Services Inc. going up?

JBHT stock is up 5.6% on Jul 25, 2024 15:19

• Positive sentiment surrounds JB Hunt today possibly due to insider buying activity by director Persio Lisboa.
• The market appears to react favorably to a company insider purchasing a significant amount of JB Hunt stock, reflecting confidence in its future performance.
• Investors might interpret this insider buying as a positive sign, leading to increased buying interest and boosting the stock price.
• The bullish movement could also be influenced by broader market trends like the shift from overvalued tech stocks to more steady dividend-paying companies, as discussed in recent market analysis.

JBHT Price Chart

JBHT Technical Analysis

JBHT News

3 Stock Winners and 4 Losers So Far in Q2 Earnings Season  

Earnings season for this year’s second quarter is getting into full-swing. As is almost always the case, the quarterly financial results have been a mixed bag. While some companies have knocked the cover off the ball, others have struck out. The hits and misses have led to big swings in the price of these earnings season stocks, contributing to the market volatility we have seen since the start of July. With 14% of companies listed in the benchmark S&P 500 index having reported Q2 financial results, 80% have reported better-than-expected earnings and 62% have beaten Wall Street forecasts for their revenue, according to FactSet. There’s still a ways to go in the current earnings season, but already clear winners and losers have emerged for investors to consider. Here are three winners and four losers so far amongst Q2 earnings season stocks.

https://investorplace.com/2024/07/3-stock-winners-and-4-losers-so-far-in-q2-earnings-season/

3 Dividend Stocks to Buy Now: Q3 Edition

As we navigate through the third quarter of 2024, the market is emerging from a period of significant gains. Over the past few months, a bullish rally has propelled tech stocks to new heights, leaving dividend stocks in the shadows. Yet, a recent shift in investor sentiment is becoming apparent. There is a growing trend of selling off overvalued tech stocks in favor of undervalued small caps and reliable dividend payers. This shift could mark the start of a broader rotation, presenting a timely opportunity to invest in dividend stocks that remain attractively priced. In this article, I have gathered three dividend stocks offering compelling value at their current price levels. To ensure we are talking about quality names, I have chosen names that stand out due to their impressive records of dividend growth. Each has consistently increased its payouts for at least 20 years. Moreover, their dividend per share compound annual growth rate (CAGR) over the past decade stands above 10%, ensuring their income growth has comfortably outpaced inflation. Whether you’re aiming to shield your portfolio against a potential shift away from growth as we move deeper into Q3 or seeking stocks with a solid history of increasing dividends, these three picks deserve your attention.

https://investorplace.com/2024/07/3-dividend-stocks-to-buy-now-q3-edition/

JB Hunt director Persio Lisboa buys $98,082 in company stock

https://www.investing.com/news/company-news/jb-hunt-director-persio-lisboa-buys-98082-in-company-stock-93CH-3527639

https://www.investing.com/news/company-news/jb-hunt-director-persio-lisboa-buys-98082-in-company-stock-93CH-3527639

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J.B. Hunt Transport Services Inc. Price History

18.09.2023 - JBHT Stock was down 5.6%

• The bearish movement in JBHT today could be attributed to the disappointing third-quarter results reported by the company. The decline in stock price may also be influenced by concerns over rising fuel costs and potential conflicts in the Middle East, as mentioned in an article from MarketWatch. The after-hours trading session following the earnings report also contributed to the downward movement, as mentioned in an article from Benzinga. Overall, the combination of weak financial performance and external factors impacted the market sentiment towards JBHT, resulting in the bearish movement.

14.08.2023 - JBHT Stock was up 5.6%

• The transportation sector has seen significant volatility, but JBHT managed to have a bullish movement.
• The article suggests that there are undervalued transportation stocks worth considering, which could have attracted investors to JBHT.
• The global economy is rebounding from the effects of the pandemic, and the transport industry is seen as a crucial driver of economic growth, which could have positively impacted JBHT.

17.03.2024 - JBHT Stock was down 8.5%

• Today, JB Hunt Transport Services Inc. (JBHT) experienced a strong bearish movement in the market due to the following reasons:
• JB Hunt's first-quarter earnings and revenue fell short of analysts' forecasts, leading to a significant drop in the stock price.
• The company reported quarterly earnings of $1.22 per share, missing analysts’ estimates of $1.52 per share, and quarterly sales came in at $2.94 billion, below expectations of $3.12 billion.
• Analysts have cut their forecasts on JB Hunt following the downbeat earnings report, indicating a lack of confidence in the company's performance in the near future.
• The long-term intermodal growth plan of JB Hunt, which involves increasing capacity ahead of demand, resulted in higher costs and potential earnings misses, contributing to the negative market sentiment towards the stock.

17.03.2024 - JBHT Stock was down 7.8%

• JBHT stock experienced a strong bearish movement today following the company's disappointing first-quarter 2024 results.
• Factors contributing to the bearish movement include a 9% decrease in operating revenue year-over-year, missing both revenue and EPS estimates.
• Analysts have subsequently lowered their forecasts on JBHT, reflecting concerns about the company's performance.
• The market reaction indicates investor disappointment in JB Hunt Transport's financial performance and raises questions about the company's ability to navigate market challenges and achieve strategic growth in the future.

17.03.2024 - JBHT Stock was down 8.6%

• Today, JBHT experienced a significant bearish movement in the market due to the following reasons:
• The company reported downbeat first-quarter 2024 results, with operating revenue falling 9% year-over-year to $2.94 billion, missing consensus estimates.
• Earnings per share (EPS) of $1.22 also missed expectations, leading to a decline in investor confidence.
• Factors contributing to the revenue decline included a decrease in segment gross revenue per load in Intermodal and Truckload, fewer loads in Integrated Capacity Solutions, and a decline in average trucks and productivity in Dedicated Contract Services.
• The disappointing financial performance led to a sharp 6% drop in JBHT shares as analysts revised their forecasts downwards, reflecting concerns about the company's operational challenges and market conditions.

17.06.2024 - JBHT Stock was down 5.9%

• JBHT stock witnessed a bearish movement following the company's second-quarter results that did not meet expectations, with a 7% year-over-year decrease in operating revenue compared to consensus estimates.
• Despite falling short on earnings per share, and upgrade was given by Benchmark to a Buy rating, expressing some positivity regarding future performance.
• CFRA raised JB Hunt stock to a Hold rating, increased the price target, and took a more neutral stance on the stock.
• The company's decline in revenue was influenced by reduced load volumes across segments and a decreased gross revenue per load in Intermodal, driving the bearish market movement for JBHT.

17.06.2024 - JBHT Stock was down 5.1%

• A Buy rating is maintained on JBHT stock by Benchmark despite an EPS miss, indicating long-term positive sentiment towards the company.
• Second-quarter 2024 results from JBHT showed a 7% decrease in operating revenue, attributed to drops in gross revenue per load in Intermodal and decreased load volumes across various segments.
• The weak Q2 results resulted in a 3% drop in J.B. Hunt's stock price during after-hours trading, reflecting investor disappointment.
• Financial pressures and strategic moves discussed in the earnings call transcript may have contributed to the negative market sentiment surrounding JBHT today.

25.06.2024 - JBHT Stock was up 5.6%

• Positive sentiment surrounds JB Hunt today possibly due to insider buying activity by director Persio Lisboa.
• The market appears to react favorably to a company insider purchasing a significant amount of JB Hunt stock, reflecting confidence in its future performance.
• Investors might interpret this insider buying as a positive sign, leading to increased buying interest and boosting the stock price.
• The bullish movement could also be influenced by broader market trends like the shift from overvalued tech stocks to more steady dividend-paying companies, as discussed in recent market analysis.