UBS has adjusted its outlook on J.B. Hunt (JBHT, Financial), reducing the price target to $155 from the previous $196, while maintaining a Buy rating for the stock. This revision follows the company's recent first-quarter results, which met expectations but did not provide clear signs of achieving stronger pricing and margin improvements.
The analyst notes that although the quarterly performance was in line with projections, the anticipated enhancements in pricing strategies and margin expansion remain uncertain. Investors are advised to consider this outlook when evaluating J.B. Hunt's potential for growth in the near term.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 22 analysts, the average target price for JB Hunt Transport Services Inc (JBHT, Financial) is $168.18 with a high estimate of $202.00 and a low estimate of $133.00. The average target implies an upside of 32.43% from the current price of $127.00. More detailed estimate data can be found on the JB Hunt Transport Services Inc (JBHT) Forecast page.
Based on the consensus recommendation from 26 brokerage firms, JB Hunt Transport Services Inc's (JBHT, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for JB Hunt Transport Services Inc (JBHT, Financial) in one year is $174.84, suggesting a upside of 37.67% from the current price of $127. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the JB Hunt Transport Services Inc (JBHT) Summary page.
