Raymond James Reiterates Outperform Rating on J.B. Hunt Transport Services (JBHT)

Raymond James analyst Patrick Tyler Brown reiterated an Outperform rating and $155.00 price target on J.B. Hunt Transport Services (NASDAQ: JBHT)

The analyst comments "JBHT; Simplification What We Like to See: As we hear consistently from management, JBHT is managed to ROIC targets. This has been further enshrined in their long-term incentives since 2020, but has taken a step further in 2024. To this point, long-term incentives had previously been a mix of operating income (75%), EBITDA (12.5%) and ROIC (12.5%), although 2024 saw a pivot to a pure ROIC focus with an operating income modifier. We applaud this simplification, emphasis on returns, and the appropriate allocation of capital (not growing for growth’s sake), as their capital base (think intermodal containers) has expanded significantly this downcycle (recall their 2027 goal of growing container counts 40% from 2022 levels)."

For an analyst ratings summary and ratings history on J.B. Hunt Transport Services click here. For more ratings news on J.B. Hunt Transport Services click here.

Shares of J.B. Hunt Transport Services closed at $140.00 yesterday.

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