Analyst Ariel Rosa from Citi has revised the price target for J.B. Hunt (JBHT, Financial), adjusting it downward from $175 to $170. This change follows the company's second-quarter report, which indicated a modest improvement compared to the first quarter. Despite these positive signs, Rosa maintains a Buy rating on the stock, but suggests that any significant increase in its price may be constrained by broader economic trends.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for JB Hunt Transport Services Inc (JBHT, Financial) is $156.35 with a high estimate of $180.00 and a low estimate of $130.00. The average target implies an upside of 5.03% from the current price of $148.86. More detailed estimate data can be found on the JB Hunt Transport Services Inc (JBHT) Forecast page.
Based on the consensus recommendation from 27 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 $171.01, suggesting a upside of 14.88% from the current price of $148.86. 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.
JBHT Key Business Developments
Release Date: July 15, 2025
- Free Cash Flow: Over $225 million generated in the second quarter.
- Revenue: Flat on a consolidated GAAP basis compared to the prior-year quarter.
- Operating Income: Decreased by 4% year-over-year.
- Diluted Earnings Per Share: Less than 1% below the prior-year quarter.
- Cost Reduction Initiative: $100 million identified annual cost to eliminate.
- Net Capital Expenditures: Expected between $550 million and $650 million for 2025.
- Stock Repurchase: $319 million repurchased in the second quarter, a quarterly record.
- Intermodal Volume Growth: Up 6% year-over-year, with Eastern volume growing 15%.
- Dedicated Segment Sales: Approximately 275 trucks sold in new deals during the second quarter.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
- JB Hunt Transport Services Inc (JBHT, Financial) achieved back-to-back years of record safety performance and low driver turnover metrics.
- The company completed Intermodal bid season with positive pricing for the first time in two years, gaining market share.
- JBHT generated over $225 million of free cash flow in the quarter, highlighting the strength and resiliency of its business.
- The company has identified $100 million in annual cost savings through efficiency, productivity, and asset utilization improvements.
- JBHT's balance sheet remains strong with minimal leverage, allowing for continued investment in growth and shareholder returns.
Negative Points
- Inflationary pressures, particularly in wages, insurance, and equipment costs, negatively impacted margins.
- Consolidated GAAP revenue was flat, and operating income decreased by 4% compared to the prior-year quarter.
- The company's brokerage business still requires work to rightsize the cost structure and grow with the right customers.
- Demand for big and bulky products in the Final Mile segment remains muted, affecting performance.
- The company did not achieve the desired rate increases in the Intermodal bid season to fully cover inflationary costs.
