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BUZZ-PREVIEW: J.B. Hunt shares dip ahead of results due after the bell

ReutersJan 16, 2025 6:43 PM

Shares of J.B. Hunt Transport Services JBHT.O are slightly lower in afternoon trading on Thurs, with the transportation and logistics co expected to post a decline in rev when it releases qtrly results after the closing bell

Analysts expect the co to post Q4 rev of $3.15 bln vs $3.30 bln in the yr-ago qtr, and adj EPS of $1.61 vs $1.47 a yr ago, according to LSEG

This week, Bernstein raised its PT on the stock to $190 from $186 and BofA raised its PT to $206 from $195, while Stifel lowered its PT to $161 from $167

The median PT on the stock is $199, based on LSEG data. The stock was last at $185.87

Analyst recommendations on the stock include 16 "strong buy" or "buy" ratings, seven "hold" ratings and one "sell"

JBHT's stock is up ~9% YTD vs a 0.7% gain in the Nasdaq .IXIC. Stock lost nearly 15% in 2024

Co has current market cap of about $19 bln

(Reporting by Caroline Valetkevitch)

((caroline.valetkevitch@thomsonreuters.com))

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