JBHT Stock Recent News

POCONO MANOR, Pa.--(BUSINESS WIRE)--Kalahari Resorts & Conventions, home to America's Largest Indoor Waterparks, has begun a renovation totaling $8M at its Pocono Mountains resort, bringing two new signature culinary experiences to guests. MACS fast-casual macaroni and cheese restaurant and Redd's Piano Bar and Lounge are scheduled to open later this year. "2025 marks our Pocono Mountains resort's 10th anniversary," said Don Pleau, General Manager, Kalahari Resort, Pocono Manor. “We have we.

ST. LOUIS--(BUSINESS WIRE)--SHARx, a patient advocacy and supply-chain management company addressing the nation's out of control drug prices, announced today that Steve Jones, an 8-time winner on the PGA Tour and the 1996 U.S. Open champion has joined the Rising Tides Army. SHARx's Rising Tides Army is a booming grassroots movement in the healthcare space intent on reversing the overly inflated cost of prescription medications in America. Jones, the latest guest on SHARx's Rising Tides podcast,.

Given its better prospects, we believe UPS stock (NYSE: UPS) is a better pick than its smaller peer — J.B. Hunt Transport Services stock (NASDAQ: JBHT).

J.B. Hunt's (JBHT) new $1 billion share buyback program reflects the company's shareholder-friendly approach. The program has no expiration date.

On August 20, Bank of America (BofA) reaffirmed its Buy rating for J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) and set a price target of $189.

This stock has the unenviable streak of missing the Zacks Consensus Estimate in each of the last 7 quarters.

Lower revenues across the majority of its business segments, higher net interest expense, and a highly leveraged balance sheet weigh on J. B. Hunt's (JBHT) results.

As we navigate through the third quarter of 2024, the market is emerging from a period of significant gains. Over the past few months, a bullish rally has propelled tech stocks to new heights, leaving dividend stocks in the shadows.

MANU, BF.B and JBHT have been added to the Zacks Rank #5 (Strong Sell) List on July 19, 2024.

J.B. Hunt Transport Services, Inc. faces challenges with lower freight volumes and pricing environment in Q2 '24, leading to dependence on volumes for growth with the risk of tighter margins. Despite mixed macroeconomic data, inventory replenishment may lead to higher shipping volumes at lower prices, impacting margins and top-line growth. The pricing cycle for e2h24-e1h25 has been set with disappointing rates. This may lead to a lackluster eFY24 and position J.B. Hunt for a strong eFY25 pricing cycle.