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

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- J.B. Hunt Transport Services (Nasdaq: JBHT) hit a new 52-week high Friday as it is currently trading at $68.97, above its previous 52-week high of $68.62 with 103,495 shares traded as of 10:10 a.m. ET. Average volume has been 810,400 shares over the past 30 days.

J.B. Hunt Transport Services has a market cap of $8.08 billion and is part of the services sector and transportation industry. Shares are up 14.4% 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 26.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates J.B. Hunt Transport Services as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, compelling growth in net income, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full J.B. Hunt Transport Services Ratings Report.

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