JBHT Stock Summary and Trading Ideas (JB Hunt Transport Servs | NASDAQ:JBHT)

J.B. Hunt Transport Services ranks among the top surface transportation companies in North America by revenue. Its primary operating segments are intermodal delivery, which uses the Class I rail carriers for the underlying line-haul movement of its owned containers (48% of sales in 2023), dedicated trucking services that provide customer-specific fleet needs (28%), for-hire truckload (6%), heavy goods final-mile delivery (7%), and asset-light truck brokerage (11%).

JB Hunt Transport Servs trades on the NASDAQ stock market under the symbol JBHT.

As of April 19, 2024, JBHT stock price climbed to $167.30 with 1,433,016 million shares trading.

JBHT has a beta of 1.38, meaning it tends to be more sensitive to market movements. JBHT has a correlation of 0.40 to the broad based SPY ETF.

JBHT has a market cap of $17.28 billion. This is considered a Large Cap stock.

Last quarter JB Hunt Transport Servs reported $3 billion in Revenue and $1.22 earnings per share. This fell short of revenue expectation by $-176 million and missed earnings estimates by -$.30.

In the last 3 years, JBHT stock traded as high as $219.51 and as low as $153.92.

The top ETF exchange traded funds that JBHT belongs to (by Net Assets): VTI, VOO, VO, SPY, VUG.

JBHT has underperformed the market in the last year with a price return of -3.4% while the SPY ETF gained +21.2%. JBHT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -14.8% and -14.0%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

JBHT support price is $161.62 and resistance is $166.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JBHT stock will trade within this expected range on the day.