Summary:
- J.B. Hunt Transport Services, Inc. (JBHT, Financial) focuses on operational efficiency and cost-cutting for growth.
- Analysts project an average price target of $156.14, implying a potential upside.
- GuruFocus estimates suggest a 14.88% upside based on the GF Value of $171.01.
J.B. Hunt Transport Services, Inc. (JBHT) is strategically focusing on bolstering operational efficiency and slashing costs to drive growth. According to CEO Shelley Simpson, the company has launched an initiative aimed at reducing service costs and improving profit margins. Furthermore, CFO John Kuhlow disclosed that the firm achieved $225 million in quarterly free cash flow and has put in place a $100 million annual cost-saving strategy.
Wall Street Analysts Forecast
Based on the insights from 23 Wall Street analysts, the average one-year price target for JB Hunt Transport Services Inc (JBHT, Financial) is $156.14. This forecast includes a high estimate of $180.00 and a low estimate of $130.00. The average price target suggests a potential upside of 4.89% from the current stock price of $148.86. Investors interested in more detailed forecast data should visit the JB Hunt Transport Services Inc (JBHT) Forecast page.
Moreover, based on the consensus recommendation from 27 brokerage firms, JB Hunt Transport Services Inc's (JBHT, Financial) average brokerage rating stands at 2.2, indicating an "Outperform" status. On the recommendation scale, 1 signifies a Strong Buy and 5 denotes a Sell.
GuruFocus Valuation
According to GuruFocus estimates, the projected GF Value for JB Hunt Transport Services Inc (JBHT, Financial) in one year is estimated to be $171.01. This indicates a potential upside of 14.88% from the current trading price of $148.86. The GF Value is an estimate of the stock's fair trading value, calculated based on historical trading multiples, the company's past business growth, and future business performance estimates. For a comprehensive set of data, investors can visit the JB Hunt Transport Services Inc (JBHT) Summary page.
