Analyst Revises J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Stock Target


J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) mean price target has been set at $89.760 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $1.080 in the near-term quarter and $3.910 for the ongoing fiscal. The market cap of J.B. Hunt Transport Services, I was recorded at $9.25B after the stock closed at $82.020 in last trading day.

What The Valuation Says?

The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has a P/E ratio of 21.567. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) PEG ratio sits at 1.600. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks.

Technical Perspective

The technical analysis of J.B. Hunt Transport Services, I visibly illustrates that the 50-day MA of J.B. Hunt Transport Services, I is $82.064, and stock is trading $0.000 points away or +0.000% from its 50-day moving average of $82.064. Further it is trading $0.975 or +1.202% away its 200-day moving average of $81.089. J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) 52-week high is $89.430 and the 52-week low is $63.580. This represents that if the stock moves $-7.366 points up on the chart to it will make a 52-week high. But, if it declines +29.072%, then the shares price can hit a new 52-week low.

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