Why J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Could Have A Place In Your Portfolio

Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of JBHT, it is a dependable dividend payer that has been able to sustain great financial health over the past. Below, I’ve touched on some key aspects you should know on a high level. For those interested in digger a bit deeper into my commentary, take a look at the report on J.B. Hunt Transport Services here.

Adequate balance sheet average dividend payer

JBHT is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This implies that JBHT manages its cash and cost levels well, which is a crucial insight into the health of the company. JBHT’s has produced operating cash levels of 0.77x total debt over the past year, which implies that JBHT’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.

NasdaqGS:JBHT Historical Debt, May 2nd 2019
NasdaqGS:JBHT Historical Debt, May 2nd 2019

For those seeking income streams from their portfolio, JBHT is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 1.1%.

NasdaqGS:JBHT Historical Dividend Yield, May 2nd 2019
NasdaqGS:JBHT Historical Dividend Yield, May 2nd 2019

Next Steps:

For J.B. Hunt Transport Services, I’ve put together three relevant factors you should further examine:

  1. Future Outlook: What are well-informed industry analysts predicting for JBHT’s future growth? Take a look at our free research report of analyst consensus for JBHT’s outlook.
  2. Historical Performance: What has JBHT’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of JBHT? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.