J.B. Hunt Transport Services, Inc. s trend and data analysis indicates that the stock price has dropped -3.61% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 15.79% . Looking at the past 52 week period, the stock price is up at 8.35% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of J.B. Hunt Transport Services, Inc. has a positive value of 19.55 compared to overall market.J.B. Hunt Transport Services, Inc. is having a Relative Strength Index of 36.8 which indicates the stock is not yet over sold or over bought based on the technical indicators.
J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has tumbled 2.79% during the past week and has dropped 7.02% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 3.02%. J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has underperformed the index by 8.08% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
For the current week, the company shares have a recommendation consensus of Buy. J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.51 points or 0.54% at $93.95 with 1,401,850 shares getting traded. Post opening the session at $94.93, the shares hit an intraday low of $93.42 and an intraday high of $94.93 and the price was in this range throughout the day. The company has a market cap of $10,458 million and the number of outstanding shares has been calculated to be 111,310,853 shares. The 52-week high of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is $102.38 and the 52-week low is $75.71.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Downgraded by Barclays on Jan 9, 2017 to Equal Weight, Raises Price Target to $ 97 from a previous price target of $90 .
Company has reported several Insider transactions to the SEC, on Dec 12, 2016, John N Roberts (President and CEO) sold 15,000 shares at 101.57 per share price.On Dec 12, 2016, David G Mee (Secretary) sold 7,000 shares at 100.32 per share price.On Dec 2, 2016, James K Thompson (Chairman of the Board) sold 10,000 shares at 96.62 per share price.
J B Hunt Transport Services Inc Last issued its quarterly earnings results on Jan 19, 2017. The company reported $1.05 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $1.01. The company had revenue of $1721.06 million for the quarter, compared to analysts expectations of $1725.64 million. The companys revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.01 EPS.
J.B. Hunt Transport Services, Inc., together with its wholly-owned subsidiaries, is a diversified transportation services and logistics company. Through its subsidiaries the company transports primarily full-load containerizable freight throughout the continental United States and portions of Canada and Mexico. The company also manages or provides logistics and transportation-related services which may utilize the companys own equipment and employees, or may employ equipment and services provided by unrelated third parties.