Investors are talking about the latest forecast and market data for J B Hunt Transport Services Inc($JBHT)

Market Data

In this article we will be analyzing J B Hunt Transport Services Inc. We will be looking over the current market data to assess wether or not it is a good investment. To get started, the stock opened this morning at $167.75 and has moved $-2.81 from yesterday’s closing price of $167.76. The high for today is $168.34 and the low is $162.67. A great indicator of where a stock is trending is by looking at it’s 52-week high/low. This is a technical indicator used by some traders and investors who view these figures as an important factor in the analysis of a stock’s current value and as a predictor of its future price movement. The 52-week high for J B Hunt Transport Services Inc is $183.8 and the low is $119.22. The volume (the number of shares traded in a stock or contracts traded in futures or options.) is 1599290. Now that we know where J B Hunt Transport Services Inc stands in price and volume, let’s learn more about the future of the company.

Forecast & Beta

As an investor, you can get an idea of where the stock is trending by the forecast and beta. Beta is calculated using regression analysis. A beta of 1 indicates that the security’s price tends to move with the market. A beta greater than 1 indicates that the security’s price tends to be more volatile than the market. A beta of less than 1 means it tends to be less volatile than the market. J B Hunt Transport Services Inc has a beta of 1.02152. Knowing all of this, we project that J B Hunt Transport Services Inc will have a price of $183.6 in 12-months compared to it’s current price of $164.95 ($178.26 difference). We can also take a look at the comapany’s marketcap. Marketcap is important because it allows investors to understand the relative size of one company versus another. Market cap measures what a company is worth on the open market, as well as the market’s perception of its prospects, because it reflects what investors are willing to pay for its stock. J B Hunt Transport Services Inc has a marketcap of $17637550000.

Subscribe to our newsletter!

Leave a Reply

%d bloggers like this: