Analysts Mean recommendation for J.B. Hunt Transport Services Inc. (JBHT) was 2.50: Is this the key time?

J.B. Hunt Transport Services Inc. (JBHT) is priced at $131.68 after the most recent trading session. At the very opening of the session, the stock price was $137.77 and reached a high price of $142.60, prior to closing the session it reached the value of $141.84. The stock touched a low price of $137.77.

Recently in News on October 16, 2020, J.B. Hunt Transport Services, Inc. Reports Earnings for the Third Quarter 2020. Third Quarter 2020 Revenue: $2.47 billion; up 5%. You can read further details here

J.B. Hunt Transport Services Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $144.35 on 08/27/20, with the lowest value was $75.29 for the same time period, recorded on 03/16/20.

J.B. Hunt Transport Services Inc. (JBHT) full year performance was 22.65%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, J.B. Hunt Transport Services Inc. shares are logging -8.77% during the 52-week period from high price, and 74.90% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $75.29 and $144.35.

The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 1272007 for the day, which was evidently higher, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the J.B. Hunt Transport Services Inc. (JBHT) recorded performance in the market was 21.46%, having the revenues showcasing 3.67% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 14.97B, as it employees total of 29056 workers.

Market experts do have their say about J.B. Hunt Transport Services Inc. (JBHT)

During the last month, 6 analysts gave the J.B. Hunt Transport Services Inc. a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 15 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 129.58, with a change in the price was noted +10.73. In a similar fashion, J.B. Hunt Transport Services Inc. posted a movement of +8.98% for the period of last 100 days, recording 825,490 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for JBHT is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.55.

Technical breakdown of J.B. Hunt Transport Services Inc. (JBHT)

Raw Stochastic average of J.B. Hunt Transport Services Inc. in the period of last 50 days is set at 29.67%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 32.50%. In the last 20 days, the company’s Stochastic %K was 73.39% and its Stochastic %D was recorded 86.82%.

Bearing in mind the latest performance of J.B. Hunt Transport Services Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 21.46%. Additionally, trading for the stock in the period of the last six months notably improved by 31.85%, alongside a boost of 22.65% for the period of the last 12 months. The shares increased approximately by 4.83% in the 7-day charts and went down by 7.84% in the period of the last 30 days. Common stock shares were driven by 3.67% during last recorded quarter.