JB Hunt Transport Services (JBHT)
NASDAQ:JBHT
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JB Hunt
(NASDAQ:JBHT)
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Rating:69Neutral
Price Target:
$257.00
▲(13.20% Upside)
Action:ReiteratedDate:03/06/26
JBHT scores 69, driven by a solid financial base (controlled leverage, solid returns, and strong recent cash generation) and strong technical momentum with the stock in a clear uptrend. These positives are tempered by premium valuation (P/E ~31.7, low yield) and earnings-call highlights of persistent demand/mix headwinds and segment-specific pressures (intermodal softness and the ~$90M 2026 Final Mile revenue headwind).
Positive Factors
Diversified multimodal network
JB Hunt's portfolio of intermodal, dedicated contract carriage, brokerage/ICS and final‑mile services creates durable revenue diversification. Multiple service lines enable cross‑sell, better capacity matching and resilience to single‑mode demand swings, supporting steadier cash flows and customer stickiness over cycles.
Negative Factors
Top-line softness and volume pressure
Persistent revenue declines and lower intermodal volumes reflect structural demand fragility in key verticals and routes. Weaker volumes reduce fixed‑cost absorption across terminals and equipment, constrain pricing leverage and make margin recovery harder without sustained demand or market share gains.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified multimodal network
JB Hunt's portfolio of intermodal, dedicated contract carriage, brokerage/ICS and final‑mile services creates durable revenue diversification. Multiple service lines enable cross‑sell, better capacity matching and resilience to single‑mode demand swings, supporting steadier cash flows and customer stickiness over cycles.
Read all positive factors
JB Hunt (JBHT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$21.48B
Dividend Yield0.89%
Average Volume (3M)894.69K
Price to Earnings (P/E)31.7
Beta (1Y)0.94
Revenue Growth-1.60%
EPS Growth4.87%
CountryUS
Employees33,646
SectorIndustrials
Sector Strength72
IndustryIntegrated Freight & Logistics
Share Statistics
EPS (TTM)1.90
Shares Outstanding94,604,080
10 Day Avg. Volume667,120
30 Day Avg. Volume894,686
Financial Highlights & Ratios
PEG Ratio3.42
Price to Book (P/B)5.33
Price to Sales (P/S)1.58
P/FCF Ratio20.03
Enterprise Value/Market Cap1.09
Enterprise Value/Revenue1.96
Enterprise Value/Gross Profit13.95
Enterprise Value/Ebitda14.87
Forecast
1Y Price Target
$214.41Price Target Upside-5.56% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering17
EPS Forecast (FY)7.21
Revenue Forecast (FY)$12.46B
JB Hunt Business Overview & Revenue Model
Company Description
J.B. Hunt Transport Services, Inc. provides surface transportation, delivery, and logistic services in North America. It operates through five segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), Fina...
How the Company Makes Money
JB Hunt generates revenue primarily through its various service segments. The Intermodal segment involves the transportation of freight using rail and truck, which provides cost-effective and efficient shipping solutions. The Dedicated Contract Se...
JB Hunt Key Performance Indicators (KPIs)
Any
Revenue by Segment
Shows revenue distribution across various business segments, indicating which areas are growing and contributing most to overall sales.
Shows revenue distribution across various business segments, indicating which areas are growing and contributing most to overall sales.
Data provided by:
The Fly
The FlyJB Hunt Earnings Call Summary
Earnings Call Date:Jan 15, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:Apr 15, 2026
Earnings Call Sentiment Positive
The call balanced notable operational and financial strengths against persistent market and segment-level headwinds. Highlights include significant improvement in profitability and EPS, achievement of a >$100M annualized cost-savings run rate, record share repurchases, strong safety and customer retention, and pockets of volume and share gains. Lowlights include modest revenue declines, intermodal and transcontinental volume softness, margin pressure from rising spot truckload rates and a roughly $90M expected final-mile revenue headwind, plus industry/regulatory uncertainty. Overall, the company presented disciplined execution and momentum on cost and capital allocation while acknowledging ongoing market fragility and work remaining to fully repair margins.Positive Updates
Improved Profitability Despite Revenue Pressure
Q4 GAAP revenue down 2% year-over-year, while operating income improved 19% and diluted EPS improved 24% versus prior-year quarter; on a FY2025 GAAP basis revenue declined 1% while operating income increased 4%, reflecting operational execution that offset weaker top-line trends.
Negative Updates
Top-Line Weakness and Volume Pressure
Revenue declined modestly: Q4 GAAP revenue down 2% YoY and FY2025 down 1% YoY; Intermodal volumes in Q4 down 2% YoY (October -1%, November -3%, December flat), with transcontinental volumes down 6% while Eastern loads were up 5%, reflecting challenging freight shifts and uneven demand.
Read all updates
Q4-2025 Updates
Positive
Negative
Improved Profitability Despite Revenue Pressure
Q4 GAAP revenue down 2% year-over-year, while operating income improved 19% and diluted EPS improved 24% versus prior-year quarter; on a FY2025 GAAP basis revenue declined 1% while operating income increased 4%, reflecting operational execution that offset weaker top-line trends.
Read all positive updates
Company Guidance
Guidance highlights: management expects 2026 net CapEx of $600–$800 million (largely replacement with some success‑based growth capital), will manage leverage to remain just under ~1.0x trailing‑12‑month EBITDA and maintain an investment‑grade balance sheet (with a $700 million note maturing March 1 covered by the amended credit facility), and will continue to support dividend growth and opportunistic buybacks after 2025’s $923 million of repurchases that retired ~6.3 million shares. They reported lowering‑our‑cost‑to‑serve momentum—> $25 million executed in Q4 and a run rate of >$100 million of annualized savings—and said they’ll keep driving cost, productivity and network balance; Dedicated expects only modest operating‑income growth in 2026 (a material lift requires ~6 months of truck growth), with an annual net sales target of 800–1,000 new trucks (Q4 sold ~385; ~1,205 new trucks booked in 2025), Final Mile faces an anticipated ~$90 million 2026 revenue headwind, and Intermodal saw Q4 volumes down 2% YoY (Oct -1%, Nov -3%, Dec flat; transcontinental -6% Q4, Eastern +5%) while targeting a 10–12% margin band that they say needs roughly 1 point from cost, 1 point from volume, and 1 point from price. For context, FY2025 results included GAAP revenue -1% (Q4 -2% YoY), operating income +4% for the year (+19% in Q4, or +10% ex‑$16M prior charges), diluted EPS +24% in Q4, 2025 net CapEx ~$575 million, and ICS operating costs of about $41 million in Q4 (lowest since Q4‑2018).JB Hunt Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
74
Positive
Cash Flow
70
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 12.00B | 12.09B | 12.83B | 14.81B | 12.17B |
| Gross Profit | 1.26B | 2.06B | 2.21B | 2.47B | 1.87B |
| EBITDA | 1.58B | 1.60B | 1.74B | 1.98B | 1.60B |
| Net Income | 598.28M | 570.89M | 728.29M | 969.35M | 760.81M |
Balance Sheet | |||||
| Total Assets | 8.14B | 8.53B | 8.81B | 8.00B | 6.95B |
| Cash, Cash Equivalents and Short-Term Investments | 17.28M | 46.98M | 53.34M | 51.93M | 355.55M |
| Total Debt | 1.89B | 1.79B | 1.93B | 1.57B | 1.48B |
| Total Liabilities | 4.58B | 4.51B | 4.70B | 4.34B | 3.84B |
| Stockholders Equity | 3.57B | 4.01B | 4.10B | 3.67B | 3.12B |
Cash Flow | |||||
| Free Cash Flow | 947.59M | 617.78M | -117.81M | 236.09M | 276.33M |
| Operating Cash Flow | 1.68B | 1.48B | 1.74B | 1.78B | 1.22B |
| Investing Cash Flow | -574.77M | -663.69M | -1.69B | -1.55B | -877.02M |
| Financing Cash Flow | -1.13B | -825.83M | -57.99M | -530.43M | -304.63M |
JB Hunt Technical Analysis
Positive
227.04
Price Trends
216.86
Positive
204.42
Positive
176.00
Positive
Market Momentum
2.69
Negative
66.68
Neutral
86.70
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JBHT, the sentiment is Positive. The current price of 227.04 is above the 20-day moving average (MA) of 209.33, above the 50-day MA of 216.86, and above the 200-day MA of 176.00, indicating a bullish trend. The MACD of 2.69 indicates Negative momentum. The RSI at 66.68 is Neutral, neither overbought nor oversold. The STOCH value of 86.70 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JBHT.
JB Hunt Risk Analysis
JB Hunt disclosed 16 risk factors in its most recent earnings report. JB Hunt reported the most risks in the "Production" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
JB Hunt Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $18.61B | 11.18 | 14.02% | 2.98% | 12.89% | 3.12% | |
69 Neutral | $21.48B | 31.73 | 16.33% | 0.89% | -1.60% | 4.87% | |
66 Neutral | $19.10B | 24.87 | 35.57% | 1.02% | 12.54% | 19.59% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | $24.92B | 50.75 | 17.81% | ― | -0.30% | -11.02% | |
61 Neutral | $19.39B | 32.93 | 32.52% | 1.51% | -7.08% | 71.39% | |
58 Neutral | $5.75B | 44.08 | 13.01% | 2.56% | -0.74% | -32.79% |
* Industrials Sector Average
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JB Hunt Corporate Events
Business Operations and StrategyDelistings and Listing Changes
JB Hunt Announces Dual Listing on New Nasdaq Texas
Positive
Mar 5, 2026
On March 5, 2026, J.B. Hunt Transport Services, Inc. announced that its common stock had been approved for a dual listing on the new Nasdaq Texas exchange, with trading expected to begin March 6, 2026 under the ticker JBHT while the company’...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.