(JBHT) JB Hunt Transport - Ratings and Ratios

J.B. Hunt Transport Services, Inc. is a leading provider of surface transportation, delivery, and logistics services in the United States, operating through five distinct business segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Final Mile Services (FMS), and Truckload (JBT). The companys diversified service offerings enable it to cater to a wide range of customer needs, from intermodal freight solutions to specialized delivery services.

The companys operational capabilities are substantial, with a significant fleet of company-owned trailing equipment, chassis, tractors, and trucks across its segments. For instance, JBI operates 122,272 pieces of trailing equipment and manages a fleet of 6,153 company-owned tractors, while DCS operates 12,048 company-owned trucks and 27,149 owned pieces of trailing equipment. This scale enables J.B. Hunt to provide reliable and efficient logistics solutions to its customers.

J.B. Hunts business segments are positioned to capitalize on various market trends, including the growing demand for e-commerce and the need for flexible, technology-enabled logistics solutions. The companys ICS segment, for example, offers a range of freight brokerage and transportation logistics services, including online multimodal marketplaces, to help customers outsource their transportation functions.

From a technical analysis perspective, JBHTs stock price has been trending downward, with the current price of $139.12 below its 20-day SMA of $141.67 and significantly below its 52-week high of $196.05. The stocks ATR of 3.87 (2.78%) suggests moderate volatility. Given the current technical indicators, a potential trading range for JBHT could be between $135 and $145 in the short term.

Fundamentally, J.B. Hunts market capitalization stands at $13.63 billion, with a P/E ratio of 24.94 and a forward P/E of 24.69, indicating a relatively stable valuation. The companys RoE of 11.03% is respectable, given the industrys competitive landscape. Using a combination of technical and fundamental analysis, a forecast for JBHTs stock price could be around $155-$165 in the next 6-12 months, assuming the company continues to execute on its operational strategy and the overall market environment remains favorable.

To achieve this forecast, J.B. Hunt will need to continue to optimize its operations, invest in technology, and capitalize on emerging trends in the logistics industry. With its diversified service offerings and significant operational capabilities, the company is well-positioned to navigate the complexities of the transportation and logistics market.