J.B. Hunt Transport Services Stock Hits New 52-Week High (JBHT)

NEW YORK ( TheStreet) -- J.B. Hunt Transport Services (Nasdaq: JBHT) hit a new 52-week high Friday as it is currently trading at $56.46, above its previous 52-week high of $56.09 with 241,072 shares traded as of 9:50 a.m. ET. Average volume has been 875,500 shares over the past 30 days.

J.B. Hunt Transport Services has a market cap of $6.44 billion and is part of the services sector and transportation industry. Shares are up 23.9% year to date as of the close of trading on Thursday.

J.B. Hunt Transport Services, Inc., together with its subsidiaries, provides transportation and delivery services in the continental United States, Canada, and Mexico. The company has a P/E ratio of 25.8, below the average transportation industry P/E ratio of 26.1 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates J.B. Hunt Transport Services as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, good cash flow from operations, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full J.B. Hunt Transport Services Ratings Report.

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