Jefferies Maintains a 'Hold' on J.B. Hunt Transport Services (JBHT); Raising Numbers on Top Line Beat
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Price: $164.26 -1.96%
Rating Summary:
22 Buy, 13 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 9 | New: 14
Rating Summary:
22 Buy, 13 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 9 | New: 14
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Jefferies maintains a 'Hold' on J.B. Hunt Transport Services (NASDAQ: JBHT) price target raised from $53 to $56.
Analyst, Peter Nesvold said, "We like the JBHT story, execution, and the company’s continued opportunity in the intermodal market. We believe the company's variable cost model will remain attractive during a rising interest rate and inflationary TL operating cost environment. Trading at a fully-valued 20.9x forward consensus estimates and with decelerating growth vs. difficult comps in 2012, we remain on the sidelines." (FY12 EPS estimate raised from $2.47 to $2.62 and FY13 from $2.85 to $3.01)
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 $55.84 yesterday.
Analyst, Peter Nesvold said, "We like the JBHT story, execution, and the company’s continued opportunity in the intermodal market. We believe the company's variable cost model will remain attractive during a rising interest rate and inflationary TL operating cost environment. Trading at a fully-valued 20.9x forward consensus estimates and with decelerating growth vs. difficult comps in 2012, we remain on the sidelines." (FY12 EPS estimate raised from $2.47 to $2.62 and FY13 from $2.85 to $3.01)
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 $55.84 yesterday.
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