In North America, J.B. Hunt Transport Services, Inc. offers surface transportation, delivery, and logistical services. Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT) are its five operating segments. The JBI segment provides options for intermodal freight. It oversees a fleet of 6,081 company-owned tractors, 615 independent contractor trucks, and 7,972 corporate drivers in addition to operating 115,150 pieces of company-owned trailing equipment, owning and maintaining a fleet of 95,553 chassis, and operating a fleet of 95,553 chassis. Various transportation networks are supported by the DCS segment’s supply chain solutions, which it designs, develops, and implements. It ran 12,328 company-owned trucks as of December 31, 2022, 570 customer-owned trucks, and 1 contractor truck.
Various transportation networks are supported by the DCS segment’s supply chain solutions, which it designs, develops, and implements. It ran 12,328 company-owned trucks as of December 31, 2022, 570 customer-owned trucks, and 1 contractor truck. Additionally, the business manages 4,968 customer-owned trailers in addition to 23,354 owned pieces of following equipment. Flatbed, refrigerated, expedited, less-than-truckload, as well as dry-van and intermodal solutions, as well as an online multimodal marketplace and logistics management for customers to outsource the transportation functions are all provided by the ICS segment. With the help of 1,506 company-owned trucks, 303 customer-owned trucks, 20 independent contractor trucks, 1,297 owned pieces of trailing equipment, and 316 customer-owned trailers, the FMS section provides delivery services.
Prices:
Since 1990, J.B. Hunt Transport Services’ historical daily share price data has been adjusted for splits and dividends. As of July 20, 2023, J.B Hunt Transport Services’ most recent closing stock price was 192.05.
- On March 16, 2022, the closing price of J.B Hunt Transport Services stock reached an all-time high of 215.58.
- The 52-week high stock price for J.B Hunt Transport Services is 200.64, which is a 4.5% increase over the current share price.
- The 52-week low stock price for J.B Hunt Transport Services is 156.28, which is 18.6% less than the current share price.
- The 52-week average stock price for J.B. Hunt Transport Services is 177.20.
Analysis:
Currently trading at $192.11, J.B. Hunt Transport Services, Inc. has a market size of $19,91 billion and 44 million shares outstanding. The NASDAQ ticker symbol for J.B. Hunt Transport Services, Inc. is JBHT. Price of J.B. Hunt Transport Services, Inc. has increased -1.60% over the previous day. The current stock price prediction for J.B. Hunt Transport Services, Inc. is optimistic. The trailing twelve-month dividend rate for J.B. Hunt Transport Services, Inc. is $1.177130 per share with a dividend yield of 0.01%.
On Daily Chart:
- The Moving Averages Convergence Divergence (MACD) indicator for JB Hunt Transport Services (JBHT) is 3.72, which indicates that JB Hunt Transport Services is a Sell.
- With a share price of $192.05 and a 20-Day Exponential Moving Average of 182.29, JB Hunt Transport Services (JBHT) is currently a Buy.
- With a share price of $192.05 and a 50-day exponential moving average of 178.31, JB Hunt Transport Services (JBHT) is currently a Buy.
On Weekly Chart:
- The Moving Averages Convergence Divergence (MACD) indicator for JB Hunt Transport Services (JBHT) is 1.71, which indicates that JB Hunt Transport Services is a Sell.
- With a share price of $192.05 and a 20-Day Exponential Moving Average of 178.17, JB Hunt Transport Services (JBHT) is currently a Buy.
- With a share price of $192.05 and a 50-day exponential moving average of 176.86, JB Hunt Transport Services (JBHT) is currently a Buy.
Indicators:
- The Relative Strength Index (RSI) for JB Hunt Transport Services (JBHT) is 62.66, resulting in a Neutral signal.
- The Trend Strength Indicator (ADX) for JB Hunt Transport Services (JBHT) is 14.25, indicating a Buy.
- The Commodity Channel Index (CCI) for JB Hunt Transport Services (JBHT) is 222.53, generating a Sell signal.
- The price rate of change (ROC) for JB Hunt Transport Services (JBHT) is 9.68, generating a buy signal.
Prediction:
The value of J.B. Hunt Transport Services shares will decrease by -3.50% and reach $ 185.38 per share by July 26, 2023, according to our most recent JBHT stock forecast. Our technical indicators indicate that the market is now bullish, despite the Fear & Greed Index reading of 39 (Fear). JBHT stock experienced 3.13% price volatility over the previous 30 days and 19/30 (63%) green days. Given that the stock of J.B. Hunt Transport Services is currently trading 3.63% over our prediction, it is not a good moment to purchase JBHT.
Stock Prediction for J.B. Hunt Transport Services for 2025
Assuming that J.B. Hunt Transport Services shares would rise at the same average annual rate as they did over the previous ten years, the stock projection for J.B. Hunt Transport Services for 2025 is now $ 240.75. The price of JBHT stock would increase by 25.32% as a result.
2030 Prediction for J.B. Hunt Transport Services Stock
If the J.B. Hunt Transport Services stock continues to increase at its current 10-year average rate, it will reach $423.26 in 2030. The J.B. Hunt Transport Services stock will increase 120.33% from its present price if this 2030 stock prediction comes true.
