NasdaqGS:JBHT

Stock Analysis Report

J.B. Hunt Transport Services

Executive Summary

J.B. Hunt Transport Services, Inc., together with its subsidiaries, provides surface transportation and delivery services in the continental United States, Canada, and Mexico.

Rewards

Earnings are forecast to grow 10.49% per year

Pays a reliable dividend of 0.91%

Risk Analysis

Has a high level of debt

Profit margins (5.1%) are lower than last year (9.5%)



Snowflake Analysis

Adequate balance sheet average dividend payer.


Similar Companies

Share Price & News

How has J.B. Hunt Transport Services's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: JBHT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.1%

JBHT

-0.9%

US Transportation

0.7%

US Market


1 Year Return

14.6%

JBHT

16.4%

US Transportation

18.2%

US Market

Return vs Industry: JBHT underperformed the US Transportation industry which returned 16.4% over the past year.

Return vs Market: JBHT underperformed the US Market which returned 18.2% over the past year.


Shareholder returns

JBHTIndustryMarket
7 Day0.1%-0.9%0.7%
30 Day-4.6%-2.4%1.5%
90 Day-1.5%-1.0%5.0%
1 Year15.7%14.6%18.5%16.4%20.8%18.2%
3 Year18.7%15.5%56.9%49.5%45.2%35.8%
5 Year44.9%37.9%61.3%29.9%71.6%52.7%

Price Volatility Vs. Market

How volatile is J.B. Hunt Transport Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is J.B. Hunt Transport Services undervalued compared to its fair value and its price relative to the market?

26.85x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: JBHT ($114.49) is trading above our estimate of fair value ($84.79)

Significantly Below Fair Value: JBHT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: JBHT is poor value based on its PE Ratio (26.9x) compared to the Transportation industry average (18.7x).

PE vs Market: JBHT is poor value based on its PE Ratio (26.9x) compared to the US market (18.5x).


Price to Earnings Growth Ratio

PEG Ratio: JBHT is poor value based on its PEG Ratio (2.6x)


Price to Book Ratio

PB vs Industry: JBHT is overvalued based on its PB Ratio (5.6x) compared to the US Transportation industry average (2.4x).


Next Steps

Future Growth

How is J.B. Hunt Transport Services forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?

10.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JBHT's forecast earnings growth (10.5% per year) is above the savings rate (1.7%).

Earnings vs Market: JBHT's earnings (10.5% per year) are forecast to grow slower than the US market (14.2% per year).

High Growth Earnings: JBHT's earnings are forecast to grow, but not significantly.

Revenue vs Market: JBHT's revenue (6.8% per year) is forecast to grow slower than the US market (7.4% per year).

High Growth Revenue: JBHT's revenue (6.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JBHT's Return on Equity is forecast to be high in 3 years time (25.4%)


Next Steps

Past Performance

How has J.B. Hunt Transport Services performed over the past 5 years?

9.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JBHT has high quality earnings.

Growing Profit Margin: JBHT's current net profit margins (5.1%) are lower than last year (9.5%).


Past Earnings Growth Analysis

Earnings Trend: JBHT's earnings have grown by 9.4% per year over the past 5 years.

Accelerating Growth: JBHT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: JBHT had negative earnings growth (-41.5%) over the past year, making it difficult to compare to the Transportation industry average (-45%).


Return on Equity

High ROE: JBHT's Return on Equity (21%) is considered high.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is J.B. Hunt Transport Services's financial position?


Financial Position Analysis

Short Term Liabilities: JBHT's short term assets ($1.4B) exceed its short term liabilities ($1.1B).

Long Term Liabilities: JBHT's short term assets ($1.4B) do not cover its long term liabilities ($2.1B).


Debt to Equity History and Analysis

Debt Level: JBHT's debt to equity ratio (59%) is considered high.

Reducing Debt: JBHT's debt to equity ratio has reduced from 72.5% to 59% over the past 5 years.

Debt Coverage: JBHT's debt is well covered by operating cash flow (96.5%).

Interest Coverage: JBHT's interest payments on its debt are well covered by EBIT (13.1x coverage).


Balance Sheet

Inventory Level: JBHT has a high level of physical assets or inventory.

Debt Coverage by Assets: JBHT's debt is covered by short term assets (assets are 1.1x debt).


Next Steps

Dividend

What is J.B. Hunt Transport Services's current dividend yield, its reliability and sustainability?

0.91%

Current Dividend Yield


Dividend Yield vs Market

company0.9%marketbottom25%1.4%markettop25%3.7%industryaverage1.7%forecastin3Years1.0%

Current dividend yield vs market & industry

Notable Dividend: JBHT's dividend (0.91%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.43%).

High Dividend: JBHT's dividend (0.91%) is low compared to the top 25% of dividend payers in the US market (3.7%).


Stability and Growth of Payments

Stable Dividend: JBHT's dividends per share have been stable in the past 10 years.

Growing Dividend: JBHT's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23.9%), JBHT's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: JBHT's dividends in 3 years are forecast to be well covered by earnings (17.7% payout ratio).


Next Steps

Management

What is the CEO of J.B. Hunt Transport Services's salary, the management and board of directors tenure and is there insider trading?

7.9yrs

Average management tenure


CEO

John Roberts (55yo)

8.9yrs

Tenure

US$6,846,236

Compensation

Mr. John N. Roberts, III has been the Chief Executive Officer and President of JB Hunt Transport Services Inc., since January 1, 2011. Mr. Roberts served as Executive Vice President of JB Hunt Transport Se ...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD6.85M) is below average for companies of similar size in the US market ($USD10.90M).

Compensation vs Earnings: John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

7.9yrs

Average Tenure

55yo

Average Age

Experienced Management: JBHT's management team is seasoned and experienced (7.9 years average tenure).


Board Age and Tenure

10.3yrs

Average Tenure

63.5yo

Average Age

Experienced Board: JBHT's board of directors are seasoned and experienced ( 10.3 years average tenure).


Insider Trading

Insider Buying: JBHT insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$6,492,38213 Nov 19
Terrence Matthews
EntityIndividual
Role
Senior Key Executive
Executive VP & President of Intermodal
Shares53,910.85
Max PriceUS$120.43
SellUS$12,021,68906 Nov 19
Wayne Garrison
EntityIndividual
Role
Member of the Board of Directors
Director
Shares100,000
Max PriceUS$121.04
SellUS$302,65605 Nov 19
David Mee
EntityIndividual
Role
Chief Financial Officer
Executive VP of Finance & Administration and CFO
Shares2,500
Max PriceUS$121.06
SellUS$964,67004 Nov 19
Stuart Scott
EntityIndividual
Role
Chief Information Officer
Executive VP & Chief Information Officer
Shares8,000
Max PriceUS$120.58
SellUS$398,17304 Nov 19
Nicholas Hobbs
EntityIndividual
Role
Senior Key Executive
Executive VP & President of Dedicated Contract Services
Shares3,310
Max PriceUS$120.29
SellUS$723,01904 Nov 19
Terrence Matthews
EntityIndividual
Role
Senior Key Executive
Executive VP & President of Intermodal
Shares6,000
Max PriceUS$120.50
SellUS$805,64723 Oct 19
Wayne Garrison
EntityIndividual
Role
Member of the Board of Directors
Director
Shares6,886
Max PriceUS$117.36
SellUS$2,193,97622 Oct 19
Wayne Garrison
EntityIndividual
Role
Member of the Board of Directors
Director
Shares18,865
Max PriceUS$116.94
SellUS$439,18822 Oct 19
Darren Field
EntityIndividual
Shares3,800
Max PriceUS$115.58
SellUS$175,00221 Oct 19
Bradley Hicks
EntityIndividual
Shares1,500
Max PriceUS$116.67
SellUS$5,564,62209 Sep 19
Wayne Garrison
EntityIndividual
Role
Member of the Board of Directors
Director
Shares50,000
Max PriceUS$112.37
SellUS$254,84905 Sep 19
Nicholas Hobbs
EntityIndividual
Role
Senior Key Executive
Executive VP & President of Dedicated Contract Services
Shares2,300
Max PriceUS$110.80
SellUS$521,28830 Aug 19
Stuart Scott
EntityIndividual
Role
Chief Information Officer
Executive VP & Chief Information Officer
Shares5,000
Max PriceUS$104.26
SellUS$503,72527 Aug 19
Shelley Simpson
EntityIndividual
Role
Senior Key Executive
Corporate Executive VP
Shares5,000
Max PriceUS$100.75
SellUS$151,12821 Aug 19
Nicholas Hobbs
EntityIndividual
Role
Senior Key Executive
Executive VP & President of Dedicated Contract Services
Shares1,485
Max PriceUS$101.77
SellUS$1,025,05726 Jul 19
Stuart Scott
EntityIndividual
Role
Chief Information Officer
Executive VP & Chief Information Officer
Shares10,000
Max PriceUS$102.51
SellUS$637,53524 Jul 19
David Mee
EntityIndividual
Role
Chief Financial Officer
Executive VP of Finance & Administration and CFO
Shares6,141
Max PriceUS$103.82
SellUS$197,02519 Jul 19
Bradley Hicks
EntityIndividual
Shares2,000
Max PriceUS$98.51
SellUS$118,88418 Jul 19
Darren Field
EntityIndividual
Shares1,200
Max PriceUS$99.07
SellUS$194,66018 Jul 19
James Thompson
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares2,000
Max PriceUS$97.33
BuyUS$199,96730 May 19
John Roberts
EntityIndividual
Role
Chief Executive Officer
President
Shares2,319
Max PriceUS$86.23
BuyUS$708,85006 May 19
Gary George
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares7,500
Max PriceUS$94.52
SellUS$751,67705 Mar 19
Craig Harper
EntityIndividual
Role
Chief Operating Officer
COO & Executive VP
Shares7,100
Max PriceUS$105.87
SellUS$336,12221 Feb 19
Nicholas Hobbs
EntityIndividual
Role
Senior Key Executive
Executive VP & President of Dedicated Contract Services
Shares3,000
Max PriceUS$112.04
SellUS$314,74711 Feb 19
David Mee
EntityIndividual
Role
Chief Financial Officer
Executive VP of Finance & Administration and CFO
Shares2,886
Max PriceUS$109.06

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Craig Harper (61yo)

    COO & Executive VP

    • Tenure: 0yrs
    • Compensation: US$1.73m
  • John Roberts (55yo)

    President

    • Tenure: 8.9yrs
    • Compensation: US$6.85m
  • Stuart Scott (52yo)

    Executive VP & Chief Information Officer

    • Tenure: 3.9yrs
  • Dave Mee (58yo)

    Executive VP of Finance & Administration and CFO

    • Tenure: 10.2yrs
    • Compensation: US$2.75m
  • Terry Matthews (60yo)

    Executive VP & President of Intermodal

    • Tenure: 7.9yrs
    • Compensation: US$2.76m
  • Shelley Simpson (47yo)

    Corporate Executive VP

    • Tenure: 2.6yrs
    • Compensation: US$2.75m
  • Brad Delco

    Vice President of Finance & Investor Relations

    • Tenure: 0yrs
  • Nick Hobbs (56yo)

    Executive VP & President of Dedicated Contract Services

    • Tenure: 0yrs
    • Compensation: US$2.74m
  • John Kuhlow (48yo)

    Senior VP of Finance

    • Tenure: 0yrs
  • Jennifer Boattini (46yo)

    Senior VP of Legal & Litigation

    • Tenure: 0yrs

Board Members

  • Wayne Garrison (66yo)

    Director

    • Tenure: 38.9yrs
    • Compensation: US$278.80k
  • J. Hunt (60yo)

    Vice Chairman

    • Tenure: 0yrs
    • Compensation: US$215.00k
  • James Thompson (65yo)

    Chairman of the Board

    • Tenure: 8.9yrs
    • Compensation: US$376.04k
  • John Roberts (55yo)

    President

    • Tenure: 8.9yrs
    • Compensation: US$6.85m
  • Jim Robo (56yo)

    Lead Director

    • Tenure: 0yrs
    • Compensation: US$286.93k
  • Gary George (68yo)

    Independent Director

    • Tenure: 13.3yrs
    • Compensation: US$249.89k
  • Sharilyn Gasaway (50yo)

    Independent Director

    • Tenure: 10.8yrs
    • Compensation: US$259.95k
  • Doug Duncan (68yo)

    Independent Director

    • Tenure: 9.8yrs
    • Compensation: US$251.47k
  • Coleman Peterson (71yo)

    Independent Director

    • Tenure: 15.6yrs
    • Compensation: US$260.76k
  • Francesca Edwardson (62yo)

    Independent Director

    • Tenure: 8.5yrs
    • Compensation: US$247.88k

Company Information

J.B. Hunt Transport Services, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: J.B. Hunt Transport Services, Inc.
  • Ticker: JBHT
  • Exchange: NasdaqGS
  • Founded: 1961
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: US$12.202b
  • Shares outstanding: 106.58m
  • Website: https://www.jbhunt.com

Number of Employees


Location

  • J.B. Hunt Transport Services, Inc.
  • 615 J.B. Hunt Corporate Drive
  • Lowell
  • Arkansas
  • 72745
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JBHTNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDNov 1983
JB1DB (Deutsche Boerse AG)YesCommon StockDEEURNov 1983
JBHTWBAG (Wiener Boerse AG)YesCommon StockATEURNov 1983
0J71LSE (London Stock Exchange)YesCommon StockGBUSDNov 1983

Biography

J.B. Hunt Transport Services, Inc., together with its subsidiaries, provides surface transportation and delivery services in the continental United States, Canada, and Mexico. It operates in four segments: ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/09 23:35
End of Day Share Price2019/12/09 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.