JBHT Stock Fair Value – J.B. HUNT TRANSPORT SERVICES Reports Second Quarter FY2023 Earnings Results on June 30 2023
July 26, 2023
🌥️Earnings Overview
On June 30 2023, J.B. HUNT TRANSPORT SERVICES ($NASDAQ:JBHT) reported their second-quarter FY2023 earnings results. Total revenue for the period was USD 3132.6 million, representing a drop of 18.4% compared to July 18 2023. Net income for the quarter decreased by 25.8%, totaling USD 189.6 million.
Share Price
The company’s stock opened at $185.4 and closed at $188.2, representing a 2.6% increase from its previous closing price of $183.4. Investors celebrated the news as the stock surged following the announcement, signaling their confidence in the company’s performance. This growth was driven by the company’s increased focus on cost optimization and operational efficiency.
The company also announced that it will be expanding its reach in the global logistics market with new strategic partnerships and investments. J.B. HUNT TRANSPORT SERVICES is confident that its international expansion will be beneficial to its long-term growth and profitability. Overall, J.B. HUNT TRANSPORT SERVICES reported positive results for its second quarter FY2023, showcasing the company’s commitment to profitability and growth in the international logistics market. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for JBHT. More…
| Total Revenues | Net Income | Net Margin |
| 13.85k | 858 | 6.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for JBHT. More…
| Operations | Investing | Financing |
| 2.09k | -1.55k | -530.43 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for JBHT. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.25k | 4.34k | 35.38 |
Key Ratios Snapshot
Some of the financial key ratios for JBHT are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.4% | 19.3% | 8.6% |
| FCF Margin | ROE | ROA |
| 8.8% | 20.3% | 9.0% |
Analysis – JBHT Stock Fair Value
At GoodWhale, we recently conducted an analysis on the wellbeing of J.B. HUNT TRANSPORT SERVICES and our findings are fascinating. Our proprietary Valuation Line calculated the fair value of a share of J.B. HUNT TRANSPORT SERVICES to be around $202.4. However, the stock is currently trading at $188.2, indicating that it is undervalued by 7.0%. We believe that this presents an opportunity to maximize the potential of your investments in the company. More…
Peers
JB Hunt Transport Services Inc is a leading transportation provider in North America. The company operates in four segments: Intermodal (JBHT), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truck (JBT). The company has a fleet of over 16,000 trucks and more than 48,000 trailers. JBHT offers a wide range of transportation services including intermodal, dedicated contract, and truckload. The company has a strong market position in the United States and Canada.
JBHT competes with Hub Group Inc, Yang Ming Marine Transport Corp, Rinko Corp, and other transportation companies in the United States and Canada. The company has a strong market position and a large fleet of trucks and trailers. JBHT offers a wide range of transportation services. The company has a strong financial position and is expected to grow at a fast pace in the coming years.
– Hub Group Inc ($NASDAQ:HUBG)
Hub Group is a transportation management company that provides intermodal, truck brokerage and logistics services. Hub Group’s intermodal services include rail-to-truck and truck-to-rail transloading, as well as drayage service. The company’s truck brokerage services provide full truckload, less-than-truckload and dedicated contract carriage. Hub Group’s logistics services include supply chain management and warehouse management.
As of 2022, Hub Group’s market cap is $2.59 billion. The company’s return on equity is 21.81%. Hub Group is a transportation management company that provides intermodal, truck brokerage and logistics services. The company’s intermodal services include rail-to-truck and truck-to-rail transloading, as well as drayage service. The company’s truck brokerage services provide full truckload, less-than-truckload and dedicated contract carriage. Hub Group’s logistics services include supply chain management and warehouse management.
– Yang Ming Marine Transport Corp ($TWSE:2609)
As of 2022, Yang Ming Marine Transport Corp has a market cap of 220B and a Return on Equity of 62.35%. The company is a leading provider of international ocean transportation services. It operates a modern fleet of container vessels and provides integrated logistics services. The company has a strong market position in the Far East, Europe, and the Middle East.
– Rinko Corp ($TSE:9355)
Rinko Corp is a Japanese company that manufactures and sells construction materials. The company has a market cap of 3.82B as of 2022 and a return on equity of 4.29%. Rinko Corp is a well-established company with a strong financial position. The company’s products are in high demand, and its products are used in a wide variety of applications. Rinko Corp has a strong market presence and is a market leader in its industry.
Summary
J.B. HUNT TRANSPORT SERVICES reported their second quarter earnings for FY2023 on June 30th, with total revenue coming in at USD 3132.6 million, a 18.4% decrease from July 18 2023. Net income for the quarter was USD 189.6 million, a decrease of 25.8%. From an investing perspective, this could be seen as a cause for concern as this indicates a clear reduction in both revenue and profit for the quarter. Investors may want to take a closer look into the company’s strategy and operations to determine if these results are a short-term blip or indication of bigger issues.
