Should You Think About Buying J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Now?
May 01
U.S. Cargo Ground Transportation Industry Analysis
UpdatedMay 01, 2024
DataAggregated Company Financials
Companies23
- 7D-10.2%
- 3M-5.3%
- 1Y12.6%
- YTDn/a
Over the last 7 days, the Cargo Ground Transportation industry has dropped 5.5%, driven by Old Dominion Freight Line declining 17%. In contrast, Full Truck Alliance has gained 5.5%. Over the past 12 months, the industry was up 14%. Earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the U.S. Cargo Ground Transportation Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 01 May 2024 | US$134.5b | US$83.4b | US$4.5b | 25.5x | 30.1x | 1.6x |
| Fri, 29 Mar 2024 | US$154.5b | US$85.2b | US$4.7b | 24.5x | 32.6x | 1.8x |
| Sun, 25 Feb 2024 | US$157.5b | US$85.2b | US$4.7b | 26.4x | 33.4x | 1.8x |
| Tue, 23 Jan 2024 | US$147.0b | US$88.6b | US$5.1b | 22.8x | 29x | 1.7x |
| Thu, 21 Dec 2023 | US$145.4b | US$89.0b | US$5.1b | 21.6x | 28.4x | 1.6x |
| Sat, 18 Nov 2023 | US$136.2b | US$88.9b | US$5.1b | 21.4x | 26.8x | 1.5x |
| Mon, 16 Oct 2023 | US$135.8b | US$91.0b | US$5.8b | 13.6x | 23.3x | 1.5x |
| Wed, 13 Sep 2023 | US$140.2b | US$91.0b | US$5.8b | 13.8x | 24.3x | 1.5x |
| Fri, 11 Aug 2023 | US$143.8b | US$91.0b | US$5.7b | 15.8x | 25.2x | 1.6x |
| Sun, 09 Jul 2023 | US$131.1b | US$94.4b | US$6.8b | 12.3x | 19.2x | 1.4x |
| Tue, 06 Jun 2023 | US$121.0b | US$94.4b | US$6.8b | 13.4x | 17.7x | 1.3x |
| Thu, 04 May 2023 | US$120.8b | US$94.3b | US$6.8b | 13.9x | 17.6x | 1.3x |
| Sat, 01 Apr 2023 | US$123.2b | US$95.8b | US$7.2b | 12x | 17x | 1.3x |
Price to Earnings Ratio
17x
Current Industry PE
- Investors are optimistic on the American Cargo Ground Transportation industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 30.6x which is higher than its 3-year average PE of 24.8x.
- The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Cargo Ground Transportation industry have declined 15% per year over the last three years,
- Revenues have also declined 4.5% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does U.S. Cargo Ground Transportation compare with similar industries?
| US Market | -0.72% | |
| Industrials | -1.21% | |
| Transportation | -5.03% | |
| Cargo Ground Transportation | -10.18% | |
| Railroads | -2.16% | |
| Trucking | -5.03% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| YMM Full Truck Alliance | US$8.61 | 5.5% +US$470.6m | 35.4% | PE29.5x | |
| ULH Universal Logistics Holdings | US$44.68 | 29.4% +US$267.2m | 72.1% | PE9.8x | |
| LSTR Landstar System | US$174.41 | 1.3% +US$81.9m | -1.9% | PE26.7x | |
| PTSI P.A.M. Transportation Services | US$17.13 | 21.3% +US$66.3m | -22.2% | PE28x | |
| MRTN Marten Transport | US$16.92 | 1.1% +US$15.5m | -17.4% | PE23.9x |
