J.B. Hunt Transport Likely To Report Lower Q2 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

J.B. Hunt Transport Services, Inc. JBHT is expected to report its second-quarter financial results, after the closing bell on July 18, 2023.

Analysts expect the company to post quarterly earnings at $1.92 per share, down from year-ago earnings of $2.42 per share. The company’s revenue might come in at $3.31 billion.

J.B. Hunt Transport shares rose 0.1% to close at $183.38 on Monday and lost 0.6% in the after-hours trading session.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Wells Fargo analyst Allison Poliniak Cusic maintained an Overweight rating and raised the price target from $196 to $200 on June 5, 2023. This analyst sees around 9% upside in the company’s stock and has an accuracy rate of 70%.
• Argus Research analyst John Eade maintained a Buy rating and slashed the price target from $225 to $200 on April 20, 2023. This analyst sees around 9% upside in the company’s stock and has an accuracy rate of 72%.
• B of A Securities analyst Ken Hoexter maintained a Buy rating and cut the price target from $197 to $194 on April 18, 2023. This analyst sees around 6% upside in the company’s stock and has an accuracy rate of 70%.
• Raymond James analyst Patrick Tyler Brown maintained an Outperform rating and lowered the price target from $200 to $195 on April 18, 2023. This analyst sees around 6% upside in the company’s stock and has an accuracy rate of 77%.
• Credit Suisse analyst Ariel Rosa maintained a Neutral rating and boosted the price target from $194 to $195 on Jan. 19, 2023. This analyst sees around 6% upside in the company’s stock and has an accuracy rate of 73%.

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