+Compare
JBHT
Stock ticker: NASDAQ
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
19.63B

JBHT Price Prediction, J.B. Hunt Transport Services AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for JBHT with price predictions
08:00 PM EDT Sep 20, 2023

JBHT saw its Stochastic Oscillator peaks and leaves the overbought zone

The Stochastic Oscillator for JBHT moved out of overbought territory on September 21, 2023. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 69 similar instances where the indicator exited the overbought zone. In of the 69 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

JBHT moved below its 50-day moving average on September 19, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for JBHT crossed bearishly below the 50-day moving average on August 29, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where JBHT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

JBHT broke above its upper Bollinger Band on September 15, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for JBHT entered a downward trend on September 21, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where JBHT's RSI Oscillator exited the oversold zone, of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on September 13, 2023. You may want to consider a long position or call options on JBHT as a result. In of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for JBHT just turned positive on September 14, 2023. Looking at past instances where JBHT's MACD turned positive, the stock continued to rise in of 38 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where JBHT advanced for three days, in of 311 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. JBHT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (5.018) is normal, around the industry mean (17.403). P/E Ratio (23.202) is within average values for comparable stocks, (22.975). Projected Growth (PEG Ratio) (4.052) is also within normal values, averaging (10.370). Dividend Yield (0.009) settles around the average of (0.043) among similar stocks. P/S Ratio (1.437) is also within normal values, averaging (1.168).

A.I. Advisor
published Earnings

JBHT is expected to report earnings to rise 5.52% to $1.91 per share on October 17

J.B. Hunt Transport Services JBHT Stock Earnings Reports
Q3'23
Est.
$1.91
Q2'23
Missed
by $0.11
Q1'23
Missed
by $0.15
Q4'22
Missed
by $0.54
Q3'22
Beat
by $0.12
The last earnings report on July 18 showed earnings per share of $1.81, missing the estimate of $1.92. With 505.55K shares outstanding, the current market capitalization sits at 19.63B.
A.I.Advisor
published Dividends

JBHT paid dividends on August 18, 2023

J.B. Hunt Transport Services JBHT Stock Dividends
А dividend of $0.42 per share was paid with a record date of August 18, 2023, and an ex-dividend date of August 03, 2023. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are United Parcel Service (NYSE:UPS), FedEx Corp (NYSE:FDX), C.H. Robinson Worldwide (NASDAQ:CHRW).

Industry description

The Air Freight/Couriers industry operates air transportation and recurring delivery services. This includes companies offering same-day deliveries, scheduled delivery and logistical services. The proliferation of e-commerce/online retail with a growing emphasis on faster delivery has expanded opportunities for this industry, and induced more competition. United Parcel Service, Inc., FedEx Corporation and Expeditors International of Washington, Inc. are some of the major companies in this industry.

Market Cap

The average market capitalization across the Air Freight/Couriers Industry is 11.28B. The market cap for tickers in the group ranges from 2.6M to 132.81B. UPS holds the highest valuation in this group at 132.81B. The lowest valued company is PTNYF at 2.6M.

High and low price notable news

The average weekly price growth across all stocks in the Air Freight/Couriers Industry was -2%. For the same Industry, the average monthly price growth was -1%, and the average quarterly price growth was -4%. SGLY experienced the highest price growth at 17%, while CRGO experienced the biggest fall at -32%.

Volume

The average weekly volume growth across all stocks in the Air Freight/Couriers Industry was -10%. For the same stocks of the Industry, the average monthly volume growth was 50% and the average quarterly volume growth was 60%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 53
P/E Growth Rating: 56
Price Growth Rating: 59
SMR Rating: 60
Profit Risk Rating: 77
Seasonality Score: -30 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

an operater of surface transportation, delivery and logistics company

Industry AirFreightCouriers

Profile
Fundamentals
Details
Industry
Trucking
Address
615 J.B. Hunt Corporate Drive
Phone
+1 479 820-0000
Employees
37151
Web
https://www.jbhunt.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
FORR30.270.48
+1.61%
Forrester Research
MITT5.860.03
+0.51%
AG Mortgage Investment Trust
OVV45.200.01
+0.02%
Ovintiv
VINE0.46N/A
-0.52%
Fresh Vine Wine
GDRX5.58-0.06
-1.06%
GoodRx Holdings

JBHT and

Correlation & Price change

A.I.dvisor indicates that over the last year, JBHT has been closely correlated with UPS. These tickers have moved in lockstep 72% of the time. This A.I.-generated data suggests there is a high statistical probability that if JBHT jumps, then UPS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To JBHT
1D Price
Change %
JBHT100%
-0.25%
UPS - JBHT
72%
Closely correlated
-1.06%
EXPD - JBHT
71%
Closely correlated
+0.81%
LSTR - JBHT
70%
Closely correlated
-0.06%
HUBG - JBHT
70%
Closely correlated
-0.70%
CHRW - JBHT
69%
Closely correlated
-0.95%
More