Key Takeaways:
- J.B. Hunt's share value saw a significant decline following a decrease in Q1 operating revenue and income.
- Analysts are optimistic, with a projected 19.94% upside potential from current prices.
- GuruFocus' GF Value estimate suggests a potential 31.24% increase.
J.B. Hunt's Recent Share Performance
J.B. Hunt Transport Services Inc. (JBHT, Financial) encountered a notable 3.80% decline in its share value over the past week. This drop came on the heels of a nearly 1% fall in Q1 operating revenue, further compounded by an 8% year-over-year decrease in operating income. These financial results have understandably led to a bearish sentiment among investors, causing some to reconsider their positions.
Wall Street Analysts' Projections
Despite recent financial challenges, there remains optimism from Wall Street analysts. The average target price for JB Hunt Transport Services Inc. (JBHT, Financial), as forecasted by 22 analysts, is set at $155.00. This target encompasses a high estimate of $200.00 and a low of $130.00. The average price target suggests a potential upside of 19.94% from the current trading price of $129.23. For more details on these estimates, please visit the JB Hunt Transport Services Inc (JBHT) Forecast page.
Moreover, based on consensus data from 26 brokerage firms, JB Hunt Transport Services Inc. has an average brokerage recommendation of 2.2, categorizing the stock as "Outperform." The rating scale ranges from 1 to 5, where 1 indicates a Strong Buy and 5 suggests a Sell.
GuruFocus' GF Value Estimate
In addition to analyst projections, GuruFocus provides its own estimates. The forecasted GF Value for JB Hunt Transport Services Inc. in one year is $169.60. This valuation implies a 31.24% upside from its current share price of $129.23. The GF Value is a comprehensive estimate of the stock's fair value, determined by historical trading multiples, past business growth, and projected future performance. For more in-depth information, visit the JB Hunt Transport Services Inc (JBHT, Financial) Summary page.
