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Here's Why Investors Should Give J.B Hunt Stock a Miss Now
ZACKS· 2025-05-26 15:11
Core Viewpoint - J.B. Hunt Transportation (JBHT) is facing significant challenges in the freight market, with weak liquidity further impacting its attractiveness to investors [1] Financial Performance - Total operating revenues declined 1% to $2.92 billion in Q1 2025 from $2.94 billion in Q1 2024 [7] - Key segments show deeper strain: Dedicated Contract Services saw a 5% reduction in average truck count, Final Mile Services experienced a 15% decline in stops, Integrated Capacity Solutions reported 13% fewer loads, and Truckload faced an 8% drop in gross revenue per load [7] Earnings Estimates - The Zacks Consensus Estimate for current-quarter earnings has been revised 8.7% downward to $1.36 per share, while the estimate for 2025 earnings is pegged at $5.75 per share, indicating a 9% fall [2] Stock Performance - JBHT shares have fallen 12.8% year to date, compared to a 12.7% decline in the Transportation - Truck industry [3] Liquidity Concerns - The current ratio has declined from 1.41 in 2022 to 1.35 in 2023, further dropping to 1.06 in 2024, and is pegged at 0.89 in Q1 2025, raising concerns about the company's ability to meet short-term debt obligations [8] Industry Context - JBHT currently carries a Zacks Rank 4 (Sell) and belongs to an industry with a Zacks Industry Rank of 244 out of 245, placing it in the bottom 1% of Zacks Industries [5][6]
Why Is Knight-Swift (KNX) Up 7.8% Since Last Earnings Report?
ZACKS· 2025-05-23 16:37
A month has gone by since the last earnings report for Knight-Swift Transportation Holdings (KNX) . Shares have added about 7.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Knight-Swift due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Movin ...
Why Is Old Dominion (ODFL) Up 3% Since Last Earnings Report?
ZACKS· 2025-05-23 16:36
Company Overview - Old Dominion Freight Line (ODFL) shares have increased by approximately 3% over the past month, underperforming the S&P 500 [1] - The most recent earnings report indicates that estimates have trended downward, with a consensus estimate shift of -6.62% [2] Performance Metrics - Old Dominion has a strong Growth Score of A but a low Momentum Score of D, resulting in an aggregate VGM Score of D [3] - The stock is currently rated with a Zacks Rank 4 (Sell), indicating expectations of below-average returns in the coming months [4] Industry Comparison - Old Dominion is part of the Zacks Transportation - Truck industry, where competitor JB Hunt (JBHT) has seen a 4.6% increase in shares over the past month [5] - JB Hunt reported revenues of $2.92 billion for the last quarter, reflecting a year-over-year decline of -0.8%, with EPS of $1.17 compared to $1.22 a year ago [5] - JB Hunt is expected to post earnings of $1.36 per share for the current quarter, showing a year-over-year increase of +3%, but has also experienced a -1.8% change in the Zacks Consensus Estimate over the last 30 days [6]
Wall Street is loading up on this stock; should you follow?
Finbold· 2025-05-23 14:15
Group 1: Knight-Swift Transportation - Goldman Sachs highlights Knight-Swift as a notable company with increased hedge fund ownership, indicating potential for strong performance in the transportation sector [1] - Knight-Swift is the largest truckload carrier in the U.S., and its diversified operations include truckload, less-than-truckload (LTL), logistics, and intermodal services, which may provide stability during economic downturns [4] - The company is projected to recover from a -3.86% growth dip in 2023 to a 3.76% increase in 2024, maintaining a 1.66% annual dividend yield of $0.18 per share [5] - Knight-Swift's Q1 2025 earnings report showed Earnings Per Share (EPS) of $0.28, slightly below the $0.29 estimates, while Q2 EPS guidance was lowered to $0.30–$0.38 due to uncertainties in trade policy [5][6] Group 2: Industry Outlook - The transportation industry, particularly companies like Knight-Swift, is viewed as resilient during economic slowdowns, making it an attractive investment option [6] - The ongoing trade wars and tariff discussions are influencing the current economic landscape, which could impact the transportation sector [4]
Mingzhu Logistics Holdings Limited Regains Compliance with Nasdaq Minimum Closing Bid Price Rule
Globenewswire· 2025-05-21 20:05
Core Viewpoint - Mingzhu Logistics Holdings Limited has regained compliance with Nasdaq Listing Rule 5550(a)(2) after maintaining a closing bid price of $1.00 or greater for twenty consecutive trading days [1][2]. Compliance and Monitoring - The Nasdaq Hearings Panel determined that the company has met the compliance requirements as of May 20, 2025, following a review of the company's stock performance [1][2]. - A Discretionary Panel Monitor will be imposed for one year to ensure the company addresses any future compliance concerns and maintains long-term compliance with Nasdaq's listing requirements [3]. Company Overview - Mingzhu Logistics Holdings Limited, established in 2002 and headquartered in Shenzhen, China, is a 4A-rated professional trucking service provider [4]. - The company offers tailored logistics solutions through a combination of self-owned fleets and subcontractors, leveraging its regional logistics terminals in Guangdong Province [4].
Tornado Announces Stock Option Grant
Globenewswire· 2025-05-20 23:31
Company Overview - Tornado Infrastructure Equipment Ltd. is a leading manufacturer of specialized infrastructure and excavation equipment, particularly known for its hydrovac trucks [2] - The company has sold over 1,800 hydrovacs since 2008, establishing itself as a pioneer in the vacuum truck industry [2] - Tornado designs and manufactures hydrovac trucks and provides heavy-duty truck maintenance operations in central Alberta [2] Product and Market Position - Hydrovac trucks utilize high-pressure water and vacuum to safely excavate soil, exposing critical infrastructure for repair and installation without causing damage [2] - The hydrovac excavation method is becoming a standard practice in North America, especially for urban excavations and around critical infrastructure, significantly reducing damage and fatalities [2] Recent Developments - On May 20, 2025, Tornado granted incentive stock options for the purchase of up to 500,000 common shares to a key employee, with an exercise price of $1.71 per share, expiring five years from the grant date [1]
Viking Holdings (VIK) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-20 13:11
Core Insights - Viking Holdings (VIK) reported a quarterly loss of $0.24 per share, which was better than the Zacks Consensus Estimate of a loss of $0.26, and compared to a loss of $0.03 per share a year ago, indicating an earnings surprise of 7.69% [1] - The company posted revenues of $897.06 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.49%, and showing an increase from year-ago revenues of $718.16 million [2] - Viking has outperformed the S&P 500, with shares up about 6.9% since the beginning of the year compared to the S&P 500's gain of 1.4% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.96 on revenues of $1.83 billion, and for the current fiscal year, it is $2.36 on revenues of $6.28 billion [7] - The estimate revisions trend for Viking is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Transportation - Truck industry, to which Viking belongs, is currently in the bottom 2% of over 250 Zacks industries, suggesting potential challenges ahead [8]
Worksport .(WKSP) - 2025 Q1 - Earnings Call Transcript
2025-05-15 21:30
Worksport (WKSP) Q1 2025 Earnings Call May 15, 2025 04:30 PM ET Speaker0 Discussing key operational milestones and share an updated outlook for 2025. Q '1 of this year was a transformative period for Worksport. We released our flagship higher margin products, the AL four tunnel cover. We rapidly expanded our dealer network and strengthened our gross margins. We will be reviewing the financial results for the quarterly period ending ending 03/31/2025. These results were filed today at 4PM eastern time in our ...
Tornado Completes Strategic Acquisition of CustomVac and Amends TD Credit Facility
Globenewswire· 2025-05-15 20:12
CALGARY, Alberta, May 15, 2025 (GLOBE NEWSWIRE) -- Tornado Infrastructure Equipment Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF), a leading manufacturer of specialized infrastructure and excavation equipment, is pleased to announce the closing of the acquisition (the “Acquisition”) of all the issued and outstanding shares in the capital of Custom Vacuum Services Ltd. (“CustomVac”) from 2624795 Alberta Ltd., an arm’s length party (the “Vendor”), pursuant to a share purchase agreement signed a ...
Landstar Q1 Earnings Miss Estimates, Decrease Year Over Year
ZACKS· 2025-05-14 18:40
Core Viewpoint - Landstar System, Inc. reported disappointing first-quarter 2025 earnings, with EPS of 85 cents falling short of the Zacks Consensus Estimate of 92 cents and declining 35.6% year over year [1] Financial Performance - Revenues for the quarter reached $1.15 billion, exceeding the Zacks Consensus Estimate of $1.13 billion but down 1.5% year over year [2] - Operating income decreased by 34.2% to $39.4 million compared to the prior-year quarter [3] - Total costs and expenses slightly increased by 0.1% to $1.12 billion [3] Segment Performance - Truck transportation segment revenues, which accounted for 89.8% of total revenues, were $1.05 billion, down 1.8% year over year but above expectations of $1.01 billion [4] - Rail intermodal revenues fell 22.9% to $17.48 million, below expectations of $24.1 million [4] - Ocean and air-cargo carrier segment revenues improved by 21.4% year over year to $65.63 million, surpassing expectations of $58.7 million [5] - Other revenues decreased by 22.4% to $19.66 million, falling short of expectations of $25.7 million [5] Liquidity and Shareholder Returns - At the end of Q1 2025, Landstar had cash and cash equivalents of $417.42 million, down from $515.01 million in the prior quarter [6] - Long-term debt decreased to $61.9 million from $69.1 million in the previous quarter [6] - During the quarter, Landstar repurchased nearly 386,000 shares for $60.9 million and paid $83.3 million in cash dividends [7] - The board announced an 11% increase in the quarterly cash dividend to 40 cents per share, payable on June 24, 2025 [8]