Cowen & Co. analyst Jason Seidl maintained a Hold rating on JB Hunt (NASDAQ:JBHT) Transport Services on Friday, setting a price target of $129, which is approximately 1.03% below the present share price of $130.34.
Seidl expects JB Hunt Transport Services to post earnings per share (EPS) of $0.99 for the third quarter of 2020.
The current consensus among 13 TipRanks analysts is for a Hold rating of shares in JB Hunt, with an average price target of $126.92.
The analysts price targets range from a high of $155 to a low of $89.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $2.28 billion and a net profit of $154.74 million. The company's market cap is $13.98 billion.
According to TipRanks.com, Cowen & Co. analyst Jason Seidl is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 15.7% and a 72.89% success rate.
J.B. Hunt Transport Services, Inc. engages in the provision of logistics solutions. It operates through the following segments: Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truckload (JBT). The JBI segment offers intermodal freight operations for rail carriers. The DCS segment includes private fleet conversion and final-mile delivery services. The ICS segment provides a single-source logistics management for clients who intends to outsource their transportation activities. It offers flatbed, refrigerated, expedited, less-than-truckload, dry-van, and intermodal freight services. The JBT segment is responsible for full-load, dry-van freight that is transported via roads and highways. The company was founded by Johnnie Bryan Hunt, Sr. and Johnelle D. Hunt on August 10, 1961 and is headquartered in Lowell, AR.