J.B. Hunt Transport Services, Inc. (JBHT)

JBHT Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for JBHT stock have an average target of 182.63, with a low estimate of 145 and a high estimate of 211. The average target predicts an increase of 11.24% from the current stock price of 164.18.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$145	$182.63	$185	$211
Change	-11.68%	+11.24%	+12.68%	+28.52%

Analyst Ratings

The average analyst rating for JBHT stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	6	5	5	5	3	3
Buy	7	7	7	7	8	7
Hold	5	5	6	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	18	17	18	18	17	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rick Paterson Loop Capital	Loop Capital	Hold Maintains $177 → $173	Hold	Maintains	$177 → $173	+5.37%	Jul 18, 2024
Jason Seidl TD Cowen	TD Cowen	Hold Maintains $161 → $160	Hold	Maintains	$161 → $160	-2.55%	Jul 18, 2024
Bascome Majors Susquehanna	Susquehanna	Hold Maintains $155 → $145	Hold	Maintains	$155 → $145	-11.68%	Jul 18, 2024
Jason Seidl TD Cowen	TD Cowen	Hold Maintains $181 → $161	Hold	Maintains	$181 → $161	-1.94%	Jul 17, 2024
Brandon Oglenski Barclays	Barclays	Hold Maintains $170 → $160	Hold	Maintains	$170 → $160	-2.55%	Jul 17, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

12.88B

Increased by 0.37%

from 12.83B

Revenue Next Year

13.92B

Increased by 8.11%

from 12.88B

EPS This Year

6.56

Decreased by -5.93%

from 6.97

EPS Next Year

8.63

Increased by 31.56%

from 6.56

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	9.17B	9.64B	12.17B	14.81B	12.83B	12.88B	13.92B	15.06B	16.87B	18.16B
Revenue Growth	6.39%	5.14%	26.27%	21.74%	-13.39%	0.37%	8.11%	8.17%	12.02%	7.64%
EPS	4.77	4.74	7.14	9.21	6.97	6.56	8.63	10.04	11.85	13.02
EPS Growth	7.67%	-0.63%	50.63%	28.99%	-24.32%	-5.93%	31.56%	16.41%	17.97%	9.90%
Forward PE	-	-	-	-	-	25.04	19.03	16.35	13.86	12.61
No. Analysts	-	-	-	-	-	24	24	11	5	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	13.8B	15.2B	17.4B	19.3B	21.2B
Avg	12.9B	13.9B	15.1B	16.9B	18.2B
Low	12.0B	12.7B	13.3B	15.3B	16.1B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	7.9%	17.9%	25.1%	27.9%	25.9%
Avg	0.4%	8.1%	8.2%	12.0%	7.6%
Low	-6.2%	-1.3%	-4.3%	1.3%	-4.5%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	7.56	9.45	11.55	13.49	15.52
Avg	6.56	8.63	10.04	11.85	13.02
Low	5.98	7.35	8.37	10.77	11.38

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	8.5%	44.1%	33.9%	34.4%	31.0%
Avg	-5.9%	31.6%	16.4%	18.0%	9.9%
Low	-14.2%	12.1%	-3.0%	7.3%	-3.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.