Intrinsic value of J.B. Hunt Transport Services - JBHT

Previous Close

$101.57

  Intrinsic Value

$71.03

stock screener

  Rating & Target

sell

-30%

  Value-price divergence*

+6%

Previous close

$101.57

 
Intrinsic value

$71.03

 
Up/down potential

-30%

 
Rating

sell

 
Value-price divergence*

+6%

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of JBHT stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2016), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 11.2

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  5.93
  6.90
  6.71
  6.54
  6.39
  6.25
  6.12
  6.01
  5.91
  5.82
  5.74
  5.66
  5.60
  5.54
  5.48
  5.43
  5.39
  5.35
  5.32
  5.29
  5.26
  5.23
  5.21
  5.19
  5.17
  5.15
  5.14
  5.12
  5.11
  5.10
  5.09
Revenue, $m
  6,555
  7,007
  7,477
  7,966
  8,475
  9,005
  9,556
  10,130
  10,729
  11,353
  12,004
  12,684
  13,394
  14,135
  14,910
  15,720
  16,568
  17,455
  18,383
  19,354
  20,372
  21,437
  22,554
  23,724
  24,950
  26,235
  27,583
  28,996
  30,477
  32,031
  33,662
Variable operating expenses, $m
 
  6,194
  6,610
  7,042
  7,492
  7,960
  8,447
  8,955
  9,484
  10,036
  10,612
  11,212
  11,840
  12,495
  13,181
  13,897
  14,646
  15,430
  16,250
  17,109
  18,009
  18,951
  19,937
  20,972
  22,056
  23,192
  24,383
  25,632
  26,942
  28,316
  29,757
Fixed operating expenses, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  5,834
  6,194
  6,610
  7,042
  7,492
  7,960
  8,447
  8,955
  9,484
  10,036
  10,612
  11,212
  11,840
  12,495
  13,181
  13,897
  14,646
  15,430
  16,250
  17,109
  18,009
  18,951
  19,937
  20,972
  22,056
  23,192
  24,383
  25,632
  26,942
  28,316
  29,757
Operating income, $m
  721
  813
  867
  924
  983
  1,045
  1,108
  1,175
  1,245
  1,317
  1,392
  1,471
  1,554
  1,640
  1,730
  1,824
  1,922
  2,025
  2,132
  2,245
  2,363
  2,487
  2,616
  2,752
  2,894
  3,043
  3,200
  3,363
  3,535
  3,716
  3,905
EBITDA, $m
  1,083
  1,201
  1,282
  1,365
  1,453
  1,543
  1,638
  1,736
  1,839
  1,946
  2,057
  2,174
  2,296
  2,423
  2,556
  2,694
  2,840
  2,992
  3,151
  3,317
  3,492
  3,674
  3,866
  4,066
  4,276
  4,497
  4,727
  4,970
  5,224
  5,490
  5,769
Interest expense (income), $m
  25
  35
  40
  46
  53
  59
  66
  73
  81
  88
  96
  105
  114
  123
  132
  142
  153
  164
  175
  187
  200
  213
  226
  241
  256
  272
  288
  306
  324
  343
  363
Earnings before tax, $m
  696
  778
  827
  878
  930
  985
  1,042
  1,102
  1,164
  1,229
  1,296
  1,366
  1,440
  1,517
  1,597
  1,681
  1,769
  1,861
  1,957
  2,058
  2,163
  2,274
  2,390
  2,511
  2,638
  2,771
  2,911
  3,058
  3,211
  3,373
  3,542
Tax expense, $m
  264
  210
  223
  237
  251
  266
  281
  297
  314
  332
  350
  369
  389
  410
  431
  454
  478
  502
  528
  556
  584
  614
  645
  678
  712
  748
  786
  826
  867
  911
  956
Net income, $m
  432
  568
  604
  641
  679
  719
  761
  804
  850
  897
  946
  998
  1,051
  1,107
  1,166
  1,227
  1,291
  1,359
  1,429
  1,502
  1,579
  1,660
  1,745
  1,833
  1,926
  2,023
  2,125
  2,232
  2,344
  2,462
  2,585

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  6
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  3,829
  4,086
  4,360
  4,645
  4,942
  5,250
  5,572
  5,907
  6,256
  6,620
  6,999
  7,396
  7,810
  8,242
  8,694
  9,166
  9,661
  10,178
  10,719
  11,285
  11,878
  12,500
  13,151
  13,833
  14,548
  15,297
  16,083
  16,907
  17,771
  18,677
  19,628
Adjusted assets (=assets-cash), $m
  3,823
  4,086
  4,360
  4,645
  4,942
  5,250
  5,572
  5,907
  6,256
  6,620
  6,999
  7,396
  7,810
  8,242
  8,694
  9,166
  9,661
  10,178
  10,719
  11,285
  11,878
  12,500
  13,151
  13,833
  14,548
  15,297
  16,083
  16,907
  17,771
  18,677
  19,628
Revenue / Adjusted assets
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
  1.715
Average production assets, $m
  2,760
  2,950
  3,148
  3,354
  3,568
  3,791
  4,023
  4,265
  4,517
  4,780
  5,054
  5,340
  5,639
  5,951
  6,277
  6,618
  6,975
  7,348
  7,739
  8,148
  8,576
  9,025
  9,495
  9,988
  10,504
  11,045
  11,612
  12,207
  12,831
  13,485
  14,172
Working capital, $m
  373
  392
  419
  446
  475
  504
  535
  567
  601
  636
  672
  710
  750
  792
  835
  880
  928
  977
  1,029
  1,084
  1,141
  1,200
  1,263
  1,329
  1,397
  1,469
  1,545
  1,624
  1,707
  1,794
  1,885
Total debt, $m
  986
  1,153
  1,327
  1,507
  1,694
  1,889
  2,092
  2,304
  2,525
  2,755
  2,995
  3,245
  3,507
  3,780
  4,066
  4,364
  4,676
  5,003
  5,345
  5,703
  6,078
  6,471
  6,882
  7,313
  7,765
  8,239
  8,736
  9,256
  9,802
  10,375
  10,976
Total liabilities, $m
  2,415
  2,582
  2,756
  2,936
  3,123
  3,318
  3,521
  3,733
  3,954
  4,184
  4,424
  4,674
  4,936
  5,209
  5,495
  5,793
  6,105
  6,432
  6,774
  7,132
  7,507
  7,900
  8,311
  8,742
  9,194
  9,668
  10,165
  10,685
  11,231
  11,804
  12,405
Total equity, $m
  1,414
  1,504
  1,604
  1,709
  1,819
  1,932
  2,050
  2,174
  2,302
  2,436
  2,576
  2,722
  2,874
  3,033
  3,199
  3,373
  3,555
  3,745
  3,945
  4,153
  4,371
  4,600
  4,840
  5,091
  5,354
  5,629
  5,919
  6,222
  6,540
  6,873
  7,223
Total liabilities and equity, $m
  3,829
  4,086
  4,360
  4,645
  4,942
  5,250
  5,571
  5,907
  6,256
  6,620
  7,000
  7,396
  7,810
  8,242
  8,694
  9,166
  9,660
  10,177
  10,719
  11,285
  11,878
  12,500
  13,151
  13,833
  14,548
  15,297
  16,084
  16,907
  17,771
  18,677
  19,628
Debt-to-equity ratio
  0.697
  0.770
  0.830
  0.880
  0.930
  0.980
  1.020
  1.060
  1.100
  1.130
  1.160
  1.190
  1.220
  1.250
  1.270
  1.290
  1.320
  1.340
  1.360
  1.370
  1.390
  1.410
  1.420
  1.440
  1.450
  1.460
  1.480
  1.490
  1.500
  1.510
  1.520
Adjusted equity ratio
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368
  0.368

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  432
  568
  604
  641
  679
  719
  761
  804
  850
  897
  946
  998
  1,051
  1,107
  1,166
  1,227
  1,291
  1,359
  1,429
  1,502
  1,579
  1,660
  1,745
  1,833
  1,926
  2,023
  2,125
  2,232
  2,344
  2,462
  2,585
Depreciation, amort., depletion, $m
  362
  388
  414
  441
  469
  499
  529
  561
  594
  629
  665
  703
  742
  783
  826
  871
  918
  967
  1,018
  1,072
  1,128
  1,188
  1,249
  1,314
  1,382
  1,453
  1,528
  1,606
  1,688
  1,774
  1,865
Funds from operations, $m
  818
  956
  1,018
  1,082
  1,149
  1,218
  1,290
  1,366
  1,444
  1,526
  1,611
  1,700
  1,793
  1,890
  1,992
  2,098
  2,209
  2,325
  2,447
  2,574
  2,708
  2,848
  2,994
  3,147
  3,308
  3,476
  3,653
  3,838
  4,033
  4,236
  4,450
Change in working capital, $m
  -36
  25
  26
  27
  28
  30
  31
  32
  34
  35
  36
  38
  40
  42
  43
  45
  47
  50
  52
  54
  57
  60
  63
  66
  69
  72
  75
  79
  83
  87
  91
Cash from operations, $m
  854
  931
  992
  1,055
  1,120
  1,188
  1,259
  1,333
  1,410
  1,491
  1,575
  1,662
  1,753
  1,849
  1,949
  2,053
  2,162
  2,276
  2,395
  2,520
  2,651
  2,788
  2,931
  3,082
  3,239
  3,404
  3,578
  3,759
  3,950
  4,149
  4,359
Maintenance CAPEX, $m
  0
  -363
  -388
  -414
  -441
  -469
  -499
  -529
  -561
  -594
  -629
  -665
  -703
  -742
  -783
  -826
  -871
  -918
  -967
  -1,018
  -1,072
  -1,128
  -1,188
  -1,249
  -1,314
  -1,382
  -1,453
  -1,528
  -1,606
  -1,688
  -1,774
New CAPEX, $m
  -638
  -190
  -198
  -206
  -214
  -223
  -232
  -242
  -252
  -263
  -274
  -286
  -299
  -312
  -326
  -341
  -357
  -373
  -391
  -409
  -428
  -449
  -470
  -493
  -516
  -541
  -567
  -595
  -624
  -654
  -686
Cash from investing activities, $m
  -485
  -553
  -586
  -620
  -655
  -692
  -731
  -771
  -813
  -857
  -903
  -951
  -1,002
  -1,054
  -1,109
  -1,167
  -1,228
  -1,291
  -1,358
  -1,427
  -1,500
  -1,577
  -1,658
  -1,742
  -1,830
  -1,923
  -2,020
  -2,123
  -2,230
  -2,342
  -2,460
Free cash flow, $m
  369
  378
  405
  435
  465
  496
  529
  562
  597
  634
  672
  711
  752
  795
  839
  886
  934
  985
  1,038
  1,093
  1,150
  1,211
  1,274
  1,340
  1,409
  1,481
  1,557
  1,636
  1,720
  1,807
  1,898
Issuance/(repayment) of debt, $m
  -9
  167
  173
  180
  187
  195
  203
  212
  221
  230
  240
  250
  262
  273
  286
  299
  312
  327
  342
  358
  375
  393
  411
  431
  452
  474
  497
  521
  546
  573
  601
Issuance/(repurchase) of shares, $m
  -267
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  -269
  167
  173
  180
  187
  195
  203
  212
  221
  230
  240
  250
  262
  273
  286
  299
  312
  327
  342
  358
  375
  393
  411
  431
  452
  474
  497
  521
  546
  573
  601
Total cash flow (excl. dividends), $m
  100
  545
  579
  615
  652
  691
  732
  774
  818
  864
  912
  961
  1,014
  1,068
  1,125
  1,184
  1,246
  1,311
  1,380
  1,451
  1,525
  1,603
  1,685
  1,771
  1,861
  1,955
  2,054
  2,157
  2,266
  2,379
  2,499
Retained Cash Flow (-), $m
  -114
  -96
  -101
  -105
  -109
  -114
  -118
  -123
  -128
  -134
  -140
  -146
  -152
  -159
  -166
  -174
  -182
  -190
  -199
  -208
  -218
  -229
  -240
  -251
  -263
  -276
  -289
  -303
  -318
  -333
  -350
Prev. year cash balance distribution, $m
 
  6
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  455
  478
  510
  543
  578
  613
  651
  689
  730
  772
  816
  861
  909
  959
  1,010
  1,065
  1,121
  1,180
  1,242
  1,307
  1,375
  1,446
  1,520
  1,598
  1,679
  1,764
  1,854
  1,948
  2,046
  2,149
Discount rate, %
 
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
 
  437
  437
  444
  447
  448
  445
  440
  431
  419
  405
  387
  368
  346
  322
  297
  271
  244
  217
  191
  166
  142
  120
  100
  81
  65
  51
  40
  30
  22
  16
Current shareholders' claim on cash, %
  100
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

J.B. Hunt Transport Services, Inc. is a surface transportation, delivery, and logistics company in North America. The Company segments include Intermodal (JBI), Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS) and Truck (JBT). The Company, through its subsidiaries, provides transportation and delivery services to a range of customers and consumers throughout the continental United States, Canada and Mexico. The JBI segment draws on the intermodal services of rail carriers for the underlying linehaul movement of its equipment between rail ramps. Its DCS segment focuses on private fleet conversion and creation in replenishment, specialized equipment and final-mile delivery services. Its ICS segment provides traditional freight brokerage and transportation logistics solutions to customers through relationships with third-party carriers and integration. Its JBT segment offers full-load, dry-van freight, utilizing tractors operating over roads and highways.

FINANCIAL RATIOS  of  J.B. Hunt Transport Services (JBHT)

Valuation Ratios
P/E Ratio 26.2
Price to Sales 1.7
Price to Book 8
Price to Tangible Book
Price to Cash Flow 13.2
Price to Free Cash Flow 52.3
Growth Rates
Sales Growth Rate 5.9%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -12%
Cap. Spend. - 3 Yr. Gr. Rate 5.3%
Financial Strength
Quick Ratio NaN
Current Ratio 0
LT Debt to Equity 69.7%
Total Debt to Equity 69.7%
Interest Coverage 29
Management Effectiveness
Return On Assets 12%
Ret/ On Assets - 3 Yr. Avg. 12.4%
Return On Total Capital 18.4%
Ret/ On T. Cap. - 3 Yr. Avg. 19%
Return On Equity 31.8%
Return On Equity - 3 Yr. Avg. 33.3%
Asset Turnover 1.8
Profitability Ratios
Gross Margin 20%
Gross Margin - 3 Yr. Avg. 19.5%
EBITDA Margin 16.5%
EBITDA Margin - 3 Yr. Avg. 16.2%
Operating Margin 11%
Oper. Margin - 3 Yr. Avg. 10.9%
Pre-Tax Margin 10.6%
Pre-Tax Margin - 3 Yr. Avg. 10.5%
Net Profit Margin 6.6%
Net Profit Margin - 3 Yr. Avg. 6.5%
Effective Tax Rate 37.9%
Eff/ Tax Rate - 3 Yr. Avg. 38%
Payout Ratio 22.9%

JBHT stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the JBHT stock intrinsic value calculation we used $6555 million for the last fiscal year's total revenue generated by J.B. Hunt Transport Services. The default revenue input number comes from 2016 income statement of J.B. Hunt Transport Services. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our JBHT stock valuation model: a) initial revenue growth rate of 6.9% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for JBHT is calculated based on our internal credit rating of J.B. Hunt Transport Services, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of J.B. Hunt Transport Services.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of JBHT stock the variable cost ratio is equal to 88.4%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for JBHT stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 3.5% for J.B. Hunt Transport Services.

Corporate tax rate of 27% is the nominal tax rate for J.B. Hunt Transport Services. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the JBHT stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for JBHT are equal to 42.1%.

Life of production assets of 7.6 years is the average useful life of capital assets used in J.B. Hunt Transport Services operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for JBHT is equal to 5.6%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $1414 million for J.B. Hunt Transport Services - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 110.69 million for J.B. Hunt Transport Services is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of J.B. Hunt Transport Services at the current share price and the inputted number of shares is $11.2 billion.

RELATED COMPANIES Price Int.Val. Rating
HUBG Hub Group Cl A 39.50 102.43  str.buy
R Ryder System 79.46 48.07  sell
NSC Norfolk Southe 128.04 27.07  str.sell
SWFT Swift Transpor 29.49 15.70  sell
WERN Werner Enterpr 34.70 41.54  buy
LSTR Landstar Syste 95.20 55.26  sell
KSU Kansas City So 107.26 9.72  str.sell
ODFL Old Dominion F 100.33 38.14  str.sell
ARCB ArcBest 28.40 29.58  hold

COMPANY NEWS

▶ Behind the Leverage Levels of Truckload Carriers in 2Q17   [Aug-29-17 07:37AM  Market Realist]
▶ Did EXPD Surpass Analysts Revenue Estimates in 2Q17?   [Aug-15-17 02:36PM  Market Realist]
▶ The Latest on Canadian Pacifics Freight Volumes   [Jul-19-17 09:06AM  Market Realist]
▶ Behind Kansas City Southerns Carloads in Week 27   [Jul-18-17 09:07AM  Market Realist]
▶ JB Hunt misses 2Q profit forecasts   [Jul-17-17 10:50PM  Associated Press]
▶ Story Stocks from Briefing.com   [11:48AM  Briefing.com]
▶ Lift in Demand Fuels Hopes Trucking Has Turned the Corner   [01:19AM  The Wall Street Journal]
▶ Lift in Demand Fuels Hopes Trucking Has Turned the Corner   [Jul-15-17 08:00AM  The Wall Street Journal]
▶ Union Pacific: Its Intermodal Volumes Fell in Week 23   [Jun-20-17 07:37AM  Market Realist]
▶ J.B. Hunt Still Sounding Back-Up Beep   [May-26-17 11:14AM  TheStreet.com]
▶ Inside CSXs Intermodal Traffic in Week 19   [May-24-17 10:37AM  Market Realist]
▶ Story Stocks from Briefing.com   [09:28AM  Briefing.com]
▶ JB Hunt tops 1Q profit forecasts   [07:39AM  Associated Press]
▶ Glut of Vehicles, Uneven Demand Put Trucking Profits in the Crosshairs   [Apr-15-17 07:00AM  The Wall Street Journal]
▶ Truckers Held Hostage By NAFTA Impasse   [Mar-10-17 11:11AM  Investopedia]
▶ Truckers Held Hostage By NAFTA Impasse   [11:11AM  at Investopedia]
Financial statements of JBHT
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

VALUATION THEORY       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2017. All rigths reserved.