JB Hunt (JBHT) Receives a Hold from Barclays
Barclays analyst Brandon Oglenski maintained a Hold rating on JB Hunt today and set a price target of $200.00.
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According to TipRanks, Oglenski is a 4-star analyst with an average return of 4.7% and a 47.98% success rate. Oglenski covers the Industrials sector, focusing on stocks such as JetBlue Airways, Delta Air Lines, and United Airlines Holdings.
JB Hunt has an analyst consensus of Moderate Buy, with a price target consensus of $211.90.
Based on JB Hunt’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.1 billion and a net profit of $181.07 million. In comparison, last year the company earned a revenue of $3.15 billion and had a net profit of $155.45 million
Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of JBHT in relation to earlier this year. Earlier this month, Spencer Frazier, the EVP of Sales and Marketing of JBHT bought 67.00 shares for a total of $8,923.73.
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