
JBHT Stock Forecast & Price Target
JBHT Analyst Ratings
Bulls say
J.B. Hunt Transport Services has demonstrated robust performance in its intermodal segment, with intermodal volumes increasing by 4.5% year-over-year and 2.2% sequentially, driven by enhanced service and a shift of freight from truckload to intermodal. The company also benefitted from a strong peak season, marked by a notable rise in west coast import activity, contributing to a 4% increase in transcontinental volume and a remarkable 6% increase in eastern volumes. Furthermore, solid demand is reflected in the impressive truck sales figures, with 440 trucks sold in the quarter, contributing to one of the best truck sales years in the company's history.
Bears say
The analysis presents a negative outlook for J.B. Hunt Transport Services due to a decline in fleet growth and customer churn, leading to operational inefficiencies. Intermodal revenue decreased by 2% year-over-year, primarily driven by a combination of load growth and a significant drop in revenue per load, indicating potential pricing pressures. Additionally, the anticipated decline in operating income for the first quarter, projected to be 15% below consensus estimates, adds to concerns about the company's profitability and market performance.
This aggregate rating is based on analysts' research of J.B. Hunt Transport Services and is not a guaranteed prediction by Public.com or investment advice.
JBHT Analyst Forecast & Price Prediction
Start investing in JBHT
Order type
Buy in
Order amount
Est. shares
0 shares