J.B. Hunt Transport Services (JBHT) Stock Forecast, Price Target & Predictions
JBHT Stock Forecast
J.B. Hunt Transport Services stock forecast is as follows: an average price target of $192.60 (represents a 6.07% upside from JBHT’s last price of $181.58) and a rating consensus of 'Buy', based on 21 wall street analysts offering a 1-year stock forecast.
JBHT Price Target
The average price target for J.B. Hunt Transport Services (JBHT) is $192.60 based on 1-year price targets from 21 Wall Street analysts in the past 3 months, with a price target range of $230.00 to $151.00. This represents a potential 6.07% upside from JBHT's last price of $181.58.
JBHT Analyst Ratings
According to 21 Wall Street analysts, J.B. Hunt Transport Services's rating consensus is 'Buy'. The analyst rating breakdown for JBHT stock is 0 'Strong Buy' (0.00%), 12 'Buy' (57.14%), 8 'Hold' (38.10%), 1 'Sell' (4.76%), and 0 'Strong Sell' (0.00%).
J.B. Hunt Transport Services Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 16, 2024 | Emily Nasseff Mitsch | CFRA | $151.00 | $180.15 | -16.18% | -16.84% |
| Oct 16, 2024 | Bruce Chan | Stifel Nicolaus | $167.00 | $174.65 | -4.38% | -8.03% |
| Oct 16, 2024 | Jordan Alliger | Goldman Sachs | $194.00 | $174.65 | 11.08% | 6.84% |
| Oct 14, 2024 | David Vernon | Bernstein | $184.00 | $170.72 | 7.78% | 1.33% |
| Oct 03, 2024 | Jonathan Chappell | Evercore ISI | $183.00 | $168.14 | 8.84% | 0.78% |
| Sep 26, 2024 | Bascome Majors | Susquehanna | $160.00 | $171.74 | -6.84% | -11.88% |
| Sep 24, 2024 | Fadi Chamoun | BMO Capital | $195.00 | $170.19 | 14.58% | 7.39% |
| Jul 18, 2024 | Rick Paterson | Loop Capital Markets | $173.00 | $161.68 | 7.00% | -4.73% |
| Jul 17, 2024 | Arun Sundaram | CFRA | $174.00 | $163.90 | 6.16% | -4.17% |
| Jul 17, 2024 | Bascome Majors | Susquehanna | $155.00 | $176.00 | -11.93% | -14.64% |
The latest J.B. Hunt Transport Services stock forecast, released on Oct 16, 2024 by Emily Nasseff Mitsch from CFRA, set a price target of $151.00, which represents a -16.18% decrease from the stock price at the time of the forecast ($180.15), and a -16.84% decrease from JBHT last price ($181.58).
J.B. Hunt Transport Services Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 7 | 21 |
| Avg Price Target | - | $176.29 | $185.67 |
| Last Closing Price | $181.58 | $181.58 | $181.58 |
| Upside/Downside | -100.00% | -2.91% | 2.25% |
In the current month, the average price target of J.B. Hunt Transport Services stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to J.B. Hunt Transport Services's last price of $181.58. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 17, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| Oct 16, 2024 | CFRA | Hold | Sell | Downgrade |
| Oct 16, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Oct 16, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Oct 16, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Oct 14, 2024 | Bernstein | Market Perform | Market Perform | Hold |
| Oct 09, 2024 | Wolfe Research | Outperform | Outperform | Hold |
| Oct 08, 2024 | Citigroup | - | Buy | Initialise |
| Oct 03, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Sep 26, 2024 | Susquehanna | Neutral | Neutral | Hold |
J.B. Hunt Transport Services's last stock rating was published by Loop Capital Markets on Oct 17, 2024. The company gave JBHT a "Hold" rating, the same as its previous rate.
J.B. Hunt Transport Services Financial Forecast
J.B. Hunt Transport Services Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.16B | $3.13B | $3.23B | $3.65B | $3.84B | $3.84B | $3.49B | $3.50B | $3.14B | $2.91B | $2.62B | $2.74B | $2.47B |
| Avg Forecast | $4.35B | $4.28B | $4.04B | $3.82B | $3.91B | $3.87B | $3.62B | $3.43B | $3.40B | $3.27B | $3.12B | $3.01B | $3.14B | $3.00B | $3.02B | $3.11B | $3.29B | $3.17B | $3.29B | $3.42B | $3.81B | $3.80B | $3.60B | $3.29B | $3.28B | $3.02B | $2.71B | $2.51B | $2.57B | $2.36B |
| High Forecast | $4.49B | $4.42B | $4.17B | $3.95B | $4.03B | $3.99B | $3.74B | $3.54B | $3.51B | $3.38B | $3.22B | $3.06B | $3.25B | $3.01B | $3.02B | $3.11B | $3.33B | $3.28B | $3.40B | $3.53B | $3.93B | $3.92B | $3.71B | $3.40B | $3.38B | $3.12B | $2.80B | $2.59B | $2.64B | $2.43B |
| Low Forecast | $4.24B | $4.18B | $3.94B | $3.73B | $3.82B | $3.78B | $3.54B | $3.35B | $3.32B | $3.19B | $3.05B | $2.96B | $3.06B | $2.99B | $3.02B | $3.11B | $3.24B | $3.10B | $3.22B | $3.34B | $3.72B | $3.68B | $3.48B | $3.19B | $3.18B | $2.93B | $2.62B | $2.43B | $2.48B | $2.29B |
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 13 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.95% | 0.94% | 0.96% | 1.01% | 1.07% | 1.06% | 1.07% | 1.04% | 1.07% | 1.04% | 1.07% | 1.05% |
J.B. Hunt Transport Services's average Quarter revenue forecast for Dec 23 based on 11 analysts is $3.29B, with a low forecast of $3.24B, and a high forecast of $3.33B. JBHT's average Quarter revenue forecast represents a 4.00% increase compared to the company's last Quarter revenue of $3.16B (Sep 23).
J.B. Hunt Transport Services EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 13 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $429.43M | $270.71M | $277.49M | $281.95M | $362.23M | $353.08M | $334.29M | $464.25M | $412.75M | $380.92M | $345.20M | $342.77M | $307.90M |
| Avg Forecast | $455.30M | $448.19M | $422.90M | $400.59M | $409.39M | $405.05M | $379.33M | $358.83M | $356.47M | $342.63M | $326.81M | $315.42M | $328.44M | $314.53M | $316.27M | $479.05M | $344.69M | $332.44M | $344.90M | $435.50M | $444.47M | $355.14M | $335.77M | $395.91M | $306.49M | $282.38M | $253.23M | $286.19M | $239.61M | $220.58M |
| High Forecast | $469.97M | $462.63M | $436.53M | $413.51M | $422.58M | $418.10M | $391.56M | $370.40M | $367.95M | $353.67M | $337.34M | $320.63M | $340.87M | $315.57M | $316.27M | $574.86M | $348.94M | $343.15M | $356.02M | $522.60M | $533.37M | $366.09M | $346.13M | $475.09M | $315.95M | $291.09M | $261.04M | $343.43M | $247.00M | $227.38M |
| Low Forecast | $444.63M | $437.68M | $412.99M | $391.21M | $399.79M | $395.55M | $370.44M | $350.42M | $348.11M | $334.60M | $319.15M | $310.22M | $320.15M | $313.50M | $316.27M | $383.24M | $339.37M | $324.64M | $336.82M | $348.40M | $355.58M | $343.62M | $324.88M | $316.73M | $296.55M | $273.22M | $245.02M | $228.95M | $231.84M | $213.42M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.29% | 0.78% | 0.64% | 0.63% | 1.02% | 1.05% | 0.84% | 1.51% | 1.46% | 1.50% | 1.21% | 1.43% | 1.40% |
11 analysts predict JBHT's average Quarter EBITDA for Dec 23 to be $344.69M, with a high of $348.94M and a low of $339.37M. This is -19.73% lower than J.B. Hunt Transport Services's previous annual EBITDA (Sep 23) of $429.43M.
J.B. Hunt Transport Services Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 13 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $187.43M | $189.55M | $197.77M | $201.30M | $269.38M | $255.34M | $243.32M | $242.21M | $199.83M | $172.16M | $146.61M | $154.01M | $125.50M |
| Avg Forecast | $313.97M | $312.59M | $274.57M | $238.87M | $255.15M | $248.62M | $221.33M | $184.93M | $208.45M | $196.23M | $176.48M | $149.07M | $167.87M | $141.98M | $151.10M | $241.31M | $177.68M | $186.59M | $194.39M | $219.37M | $232.14M | $252.91M | $242.82M | $199.43M | $208.02M | $183.58M | $162.55M | $121.55M | $133.79M | $133.81M |
| High Forecast | $327.13M | $325.69M | $286.07M | $248.88M | $265.84M | $259.03M | $230.60M | $192.67M | $217.18M | $204.46M | $183.87M | $160.53M | $173.87M | $149.71M | $151.12M | $289.57M | $185.85M | $194.40M | $202.54M | $263.24M | $278.56M | $263.05M | $252.56M | $239.31M | $214.48M | $190.94M | $169.06M | $145.85M | $139.15M | $139.17M |
| Low Forecast | $304.41M | $303.07M | $266.20M | $231.60M | $247.38M | $241.04M | $214.58M | $179.29M | $202.10M | $190.26M | $171.10M | $138.55M | $165.87M | $134.25M | $151.08M | $193.04M | $173.60M | $180.90M | $188.47M | $175.50M | $185.71M | $242.25M | $232.58M | $159.54M | $201.56M | $175.83M | $155.69M | $97.24M | $128.14M | $128.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 0.98% | 0.90% | 0.87% | 1.07% | 1.05% | 1.22% | 1.16% | 1.09% | 1.06% | 1.21% | 1.15% | 0.94% |
J.B. Hunt Transport Services's average Quarter net income forecast for Dec 23 is $177.68M, with a range of $173.60M to $185.85M. JBHT's average Quarter net income forecast represents a -5.20% decrease compared to the company's last Quarter net income of $187.43M (Sep 23).
J.B. Hunt Transport Services SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 13 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $69.41M | $135.73M | $141.19M | $189.79M | $132.07M | $155.89M | $92.45M | $111.81M | $99.97M | $91.68M | $92.07M | $93.04M | $85.98M |
| Avg Forecast | $169.52M | $166.87M | $157.46M | $149.15M | $152.43M | $150.81M | $141.24M | $133.60M | $132.72M | $127.57M | $121.68M | $117.44M | $122.29M | $117.11M | $117.76M | $91.68M | $128.34M | $123.78M | $128.42M | $83.34M | $107.17M | $130.46M | $123.35M | $75.77M | $112.59M | $103.73M | $93.03M | $76.33M | $88.02M | $81.03M |
| High Forecast | $174.98M | $172.25M | $162.53M | $153.96M | $157.34M | $155.67M | $145.79M | $137.91M | $137.00M | $131.68M | $125.60M | $119.38M | $126.92M | $117.50M | $117.76M | $110.01M | $129.92M | $127.77M | $132.56M | $100.01M | $128.60M | $134.48M | $127.15M | $90.92M | $116.06M | $106.93M | $95.89M | $91.59M | $90.74M | $83.53M |
| Low Forecast | $165.55M | $162.96M | $153.77M | $145.66M | $148.86M | $147.28M | $137.93M | $130.47M | $129.61M | $124.58M | $118.83M | $115.50M | $119.20M | $116.73M | $117.76M | $73.34M | $126.36M | $120.88M | $125.41M | $66.68M | $85.73M | $126.23M | $119.35M | $60.61M | $108.94M | $100.37M | $90.01M | $61.06M | $85.17M | $78.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.56% | 1.06% | 1.69% | 1.77% | 1.01% | 1.26% | 1.22% | 0.99% | 0.96% | 0.99% | 1.21% | 1.06% | 1.06% |
J.B. Hunt Transport Services's average Quarter SG&A projection for Dec 23 is $128.34M, based on 11 Wall Street analysts, with a range of $126.36M to $129.92M. The forecast indicates a 84.89% rise compared to JBHT last annual SG&A of $69.41M (Sep 23).
J.B. Hunt Transport Services EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 6 | 10 | 9 | 5 | 10 | 11 | 5 | 5 | 9 | 5 | 4 | 4 | 7 | 5 | 5 | 10 | 7 | 13 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.81 | $1.83 | $1.91 | $1.94 | $2.60 | $2.46 | $2.32 | $2.30 | $1.90 | $1.64 | $1.39 | $1.46 | $1.19 |
| Avg Forecast | $3.07 | $3.06 | $2.69 | $2.34 | $2.50 | $2.43 | $2.17 | $1.81 | $2.04 | $1.92 | $1.73 | $1.46 | $1.64 | $1.39 | $1.48 | $1.50 | $1.74 | $1.83 | $1.90 | $2.01 | $2.44 | $2.45 | $2.35 | $1.94 | $2.02 | $1.78 | $1.58 | $1.17 | $1.30 | $1.30 |
| High Forecast | $3.20 | $3.19 | $2.80 | $2.44 | $2.60 | $2.54 | $2.26 | $1.89 | $2.13 | $2.00 | $1.80 | $1.57 | $1.70 | $1.47 | $1.48 | $1.54 | $1.82 | $1.90 | $1.98 | $2.09 | $2.54 | $2.55 | $2.45 | $2.02 | $2.08 | $1.85 | $1.64 | $1.21 | $1.35 | $1.35 |
| Low Forecast | $2.98 | $2.97 | $2.61 | $2.27 | $2.42 | $2.36 | $2.10 | $1.76 | $1.98 | $1.86 | $1.68 | $1.36 | $1.62 | $1.31 | $1.48 | $1.46 | $1.70 | $1.77 | $1.85 | $1.95 | $2.37 | $2.35 | $2.25 | $1.86 | $1.95 | $1.70 | $1.51 | $1.12 | $1.24 | $1.24 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 0.96% | 0.95% | 0.79% | 1.06% | 1.04% | 1.19% | 1.14% | 1.07% | 1.04% | 1.19% | 1.12% | 0.92% |
According to 11 Wall Street analysts, J.B. Hunt Transport Services's projected average Quarter EPS for Dec 23 is $1.74, with a low estimate of $1.70 and a high estimate of $1.82. This represents a -3.88% decrease compared to JBHT previous annual EPS of $1.81 (Sep 23).
J.B. Hunt Transport Services Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FWRD | Forward Air | $34.94 | $73.83 | 111.31% | Buy |
| HUBG | Hub Group | $50.25 | $86.62 | 72.38% | Hold |
| EXPD | Expeditors of Washington | $118.93 | $155.57 | 30.81% | Hold |
| JBHT | J.B. Hunt Transport Services | $181.58 | $192.60 | 6.07% | Buy |
| CHRW | C.H. Robinson Worldwide | $109.03 | $104.90 | -3.79% | Buy |
| LSTR | Landstar System | $179.38 | $166.60 | -7.12% | Hold |