Company Overview - J B Hunt Transport Services is a North American trucking and logistics company established in 1961 [1] - The company operates multiple business lines including truckload (TL), dedicated contract services, and Intermodal & Other final mile services [1] - J B Hunt Transport Services is one of the largest companies in its industry [1] Analyst Background - The analyst has over three years of experience in finance and consulting [1] - The analyst specializes in identifying value in North American public equities that lack significant market hype [1] - Professional experience includes corporate credit risk analysis, government entity consulting, and venture capital analysis in the med-tech space [1] Investment Approach - The analyst focuses on stocks that may need a "mulligan" or second chance, particularly those experiencing a sluggish quarter with downward market sentiment [1] - The analyst's investment strategy is not influenced by short-term market fluctuations [1]

Company Overview - J B Hunt Transport Services Inc (NASDAQ: JBHT) is one of the largest transportation and logistics companies in the US [1] - The company operates five main segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT) [1] - Intermodal is the largest segment of the company [1] Research Principles - The mission of Grassroots Trading is to provide objective, unbiased, and balanced research backed by solid data [1] - The focus is on small- to mid-cap companies, offering compelling investment opportunities often overlooked by investors [1] - The research also periodically identifies potential opportunities in large- and mega-cap companies to provide comprehensive coverage of the equity markets [1]

Wall Street analysts expect JB Hunt (JBHT) to post quarterly earnings of $1.64 per share in its upcoming report, which indicates a year-over-year increase of 11.6%. Revenues are expected to be $3.15 billion, down 4.6% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 4.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a ...

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for JB Hunt despite lower revenues, with a focus on how actual results will compare to estimates [1][2]. Earnings Expectations - JB Hunt is expected to report quarterly earnings of $1.64 per share, reflecting an 11.6% increase year-over-year, while revenues are projected to be $3.15 billion, down 4.6% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 4.87% over the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][10]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows a negative reading of -2.29% for JB Hunt, suggesting a lower likelihood of beating the consensus EPS estimate [11]. Historical Performance - In the last reported quarter, JB Hunt exceeded the expected earnings of $1.42 per share by delivering $1.49, resulting in a surprise of +4.93%. However, the company has only beaten consensus EPS estimates once in the last four quarters [12][13]. Overall Assessment - Given the negative Earnings ESP and a Zacks Rank of 4, JB Hunt does not appear to be a strong candidate for an earnings beat, indicating potential challenges ahead [11][16].

Core Viewpoint - J.B. Hunt Transport Services, Inc. is experiencing slower intermodal growth compared to the "Big Three" West Coast ports, but analysts maintain a positive outlook for future growth, particularly towards the end of 2024 and into 2025 [1][2][5]. Group 1: Company Performance - J.B. Hunt's intermodal growth was reported at 5% in Q3 2024, driven by a 7% increase in transcontinental traffic and double-digit growth in Southern California [8]. - Despite the growth, there was a 6% month-over-month decline in combined data, which is below the five-year average [9]. - The company's intermodal growth lags behind the average 27.5% increase seen by the "Big Three" ports [1]. Group 2: Market Conditions - The Big Three West Coast Ports (L.A., Long Beach, and Oakland) reported a 20% year-over-year increase in traffic for November 2024, surpassing the pre-pandemic five-year average of 2% [6]. - There is potential for J.B. Hunt's performance to improve if more ocean freight is diverted to the West Coast due to ongoing contract uncertainties on the East Coast [5]. - The shift towards domestic intermodal is showing positive signs, indicating potential for increased imports moving out of West Coast warehouses [5]. Group 3: Analyst Insights - Goldman Sachs analyst Jordan Alliger reiterated a Buy rating on J.B. Hunt, suggesting a favorable outlook for the company [3]. - The analyst predicts that growth for J.B. Hunt could accelerate towards the end of 2024 and into 2025, ahead of any potential tariffs [2].

J.B. Hunt Transport Services, Inc.’s (JBHT) bottom line is benefiting from its consistent shareholder-friendly initiatives, such as dividend payments and share repurchases. Higher interest expense, lower segmental revenues and high debt weigh act as headwinds.Factors Favoring JBHTJBHT’s efforts to reward its shareholders through dividend payments and share repurchases boost investor confidence and positively impact the company's bottom line. With the quarterly dividend of 43 cents per share (annualized $1.7 ...

The Zacks Transportation-Truck industry faces headwinds from inflation-induced elevated interest rates, weak freight rates, driver shortages and lingering supply-chain disruptions. Despite macroeconomic challenges causing uncertainty in demand, the industry demonstrates resilience, especially for companies prioritizing growth and operational efficiency. Among the companies in the industry that are likely to survive the challenges are J.B. Hunt Transport Services (JBHT) , Saia (SAIA) and Knight-Swift Transpo ...

It has been about a month since the last earnings report for JB Hunt (JBHT) . Shares have added about 5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is JB Hunt due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Earnings Beat at J.B. Hunt in Q3J.B. Hunt Transport Ser ...

Price action can be one of the best indicators for investors to keep track of when figuring out where the market is trying to go in the coming quarters. As it turns out, most – if not all – asset classes rose tremendously the morning after the United States presidential elections, and as Warren Buffett says, all boats will do well on a rising tide. Buffett also likes to say that when the tide goes out, investors will know who was swimming fully clothed or not. As it relates to price action, this concept is ...

The fear of contraction and analysts' sentiment pressured J.B. Hunt JBHT stock to a long-term low earlier this year, but a shift signals the opposite for 2025. The Q3 results weren't robust—far from it—but they came in better than feared. They reaffirmed the longer-term outlook and the reliability of capital returns, spurring analysts to raise their stock price targets and revert to the long-term trend. The critical takeaway is that economic normalization following the COVID-19 pandemic and macroeconomic he ...