NasdaqGS:JBHT

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

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. More Details


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 is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: JBHT's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-3.5%

JBHT

-3.0%

US Transportation

2.3%

US Market


1 Year Return

26.3%

JBHT

22.4%

US Transportation

23.8%

US Market

Return vs Industry: JBHT exceeded the US Transportation industry which returned 22.3% over the past year.

Return vs Market: JBHT exceeded the US Market which returned 23.7% over the past year.


Shareholder returns

JBHTIndustryMarket
7 Day-3.5%-3.0%2.3%
30 Day6.3%2.5%4.8%
90 Day13.3%18.3%14.5%
1 Year27.5%26.3%24.2%22.4%26.6%23.8%
3 Year20.1%16.9%56.7%48.8%45.0%35.4%
5 Year110.9%101.0%222.2%195.0%126.2%101.0%

Long-Term 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?

30.83x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: JBHT ($146.14) is trading above our estimate of fair value ($138.53)

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 (30.8x) compared to the US Transportation industry average (29.6x).

PE vs Market: JBHT is poor value based on its PE Ratio (30.8x) compared to the US market (21.3x).


Price to Earnings Growth Ratio

PEG Ratio: JBHT is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: JBHT is overvalued based on its PB Ratio (5.9x) compared to the US Transportation industry average (2.6x).


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 19 analysts?

12.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JBHT's forecast earnings growth (12.7% per year) is above the savings rate (2%).

Earnings vs Market: JBHT's earnings (12.7% per year) are forecast to grow slower than the US market (21.6% per year).

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

Revenue vs Market: JBHT's revenue (7.2% per year) is forecast to grow slower than the US market (10.6% per year).

High Growth Revenue: JBHT's revenue (7.2% 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 (23.8%)


Next Steps

Past Performance

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

3.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JBHT has high quality earnings.

Growing Profit Margin: JBHT's current net profit margins (5.3%) are lower than last year (5.6%).


Past Earnings Growth Analysis

Earnings Trend: JBHT's earnings have grown by 3% 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 (-2%) over the past year, making it difficult to compare to the Transportation industry average (-9.2%).


Return on Equity

High ROE: JBHT's Return on Equity (19.5%) is considered low.


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 ($1.9B) exceed its short term liabilities ($1.1B).

Long Term Liabilities: JBHT's short term assets ($1.9B) do not cover its long term liabilities ($2.2B).


Debt to Equity History and Analysis

Debt Level: JBHT's debt to equity ratio (44.8%) is considered high.

Reducing Debt: JBHT's debt to equity ratio has reduced from 76.7% to 44.8% over the past 5 years.

Debt Coverage: JBHT's debt is well covered by operating cash flow (91.9%).

Interest Coverage: JBHT's interest payments on its debt are well covered by EBIT (15.1x coverage).


Balance Sheet


Next Steps

Dividend

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

0.77%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JBHT's dividend (0.77%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.38%).

High Dividend: JBHT's dividend (0.77%) is low compared to the top 25% of dividend payers in the US market (3.85%).


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 (22.8%), 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 thoroughly covered by earnings (14.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.5yrs

Average management tenure


CEO

John Roberts (56 yo)

10yrs

Tenure

US$6,588,249

Compensation

Mr. John N. Roberts, III, has been the Chief Executive Officer and President of JB Hunt Transport Services Inc., since January 1, 2011. He serves as Chief Executive Officer of J.B. Hunt Transport, Inc. Mr....


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD6.59M) is below average for companies of similar size in the US market ($USD10.57M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
John Roberts
President10yrsUS$6.59m0.30%
$ 46.9m
Nicholas Hobbs
President of Contract Services0.083yrUS$2.53m0.084%
$ 13.0m
Shelley Simpson
Chief Commercial Officer and Executive VP of People & Human Resources0.083yrUS$2.54m0.13%
$ 19.6m
John Kuhlow
Executive VP0.83yrno data0.0094%
$ 1.4m
Stuart Scott
Executive VP & Chief Information Officer5yrsno data0.012%
$ 1.8m
A. Delco
Vice President of Finance & Investor Relationsno datano datano data
Jennifer Boattini
Senior VP of Legal & Litigationno datano data0.015%
$ 2.3m
Craig Harper
Executive VP & Chief Sustainability Officer0.083yrUS$1.73m0.029%
$ 4.5m
Greg Breeden
Senior Vice President of JBT Marketing & Network Development7.08yrsno datano data
Darren Field
Executive VP & President of Intermodalno datano data0.0054%
$ 830.7k
Bradley Hicks
Executive VP & President of Highway Services0.083yrno data0.021%
$ 3.2m
Eric McGee
Executive Vice President of Highway Servicesno datano data0.0074%
$ 1.1m

0.5yrs

Average Tenure

49yo

Average Age

Experienced Management: JBHT's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
John Roberts
President10yrsUS$6.59m0.30%
$ 46.9m
Wayne Garrison
Director40yrsUS$215.00k1.27%
$ 195.8m
J. Hunt
Vice Chairmanno dataUS$215.00k0.069%
$ 10.7m
James Thompson
Chairman of the Board10yrsUS$370.89k0.038%
$ 5.9m
James Robo
Independent Lead Directorno dataUS$269.93k0.045%
$ 7.0m
Gary George
Independent Director14.42yrsUS$249.93k0.98%
$ 150.8m
Sharilyn Gasaway
Independent Director11.92yrsUS$259.92k0.022%
$ 3.3m
Douglas Duncan
Independent Director10.83yrsUS$245.00k0.013%
$ 2.0m
Gale King
Independent Director0.75yrno data0.0011%
$ 163.7k
Francesca Edwardson
Independent Director9.58yrsUS$239.93k0.022%
$ 3.3m

10.5yrs

Average Tenure

63yo

Average Age

Experienced Board: JBHT's board of directors are seasoned and experienced ( 10.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

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$15.440b
  • Shares outstanding: 105.65m
  • Website: https://www.jbhunt.com

Number of Employees


Location

  • J.B. Hunt Transport Services, Inc.
  • 615 J.B. Hunt Corporate Drive
  • Lowell
  • Arkansas
  • 72745-0130
  • 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
J1BH34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 2 REPR 1 COMBRBRLJan 2020

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 Analysis2021/01/24 00:47
End of Day Share Price2021/01/22 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.