J.B. Hunt Transport Services, Inc. stock trades under the ticker JBHT & has shown recent bullishness that traders & investors should research further into for when market volatility has gone down.
JBHT stock closed at $176.47/share on 5/1/2023.
J.B. Hunt Transport Services, Inc. JBHT Stock’s Technical Performance Broken Down
JBHT Stock Price: $176.47
10 Day Moving Average: $174.67
50 Day Moving Average: $175.49
200 Day Moving Average: $176.81
RSI: 52.97
MACD: -0.284
Yesterday, JBHT stock completed a bullish MACD crossover, climbing +0.67% on the day’s session.
Their RSI is neutral & recent trading volumes have been about average compared to the year prior.
Traders & investors should begin to watch how JBHT stock behaves around support levels to begin planning a time to enter a position once market volatility has gone down.
JBHT stock has support at the $176.45, $175.49 (50 day moving average), $175.16 & $174.67/share (10 day moving average), with resistance at the $176.81 (200 day moving average), $177.02, $178.72 & $178.94/share price levels.
J.B. Hunt Transport Services, Inc. JBHT Stock As A Long-Term Investment
Long-term oriented investors will like JBHT stock’s 20.05 P/E (ttm), but may find their 4.83 P/B (mrq) to be a bit too rich.
They recently reported -7.4% Quarterly Revenue Growth Y-o-Y, with -18.7% Quarterly Earnings Growth Y-o-Y, which investors will want to research further into.
Their balance sheet will also require a more thorough analysis, with $52.6M of Total Cash (mrq) & $1.24B of Total Debt (mrq).
JBHT pays a 0.92% dividend, which appears to be sustainable, as their payout ratio is 18.39%.
75.59% of JBHT stock’s outstanding share float is owned by institutional investors.
J.B. Hunt Transport Services, Inc. JBHT Stock As A Short-Term Trade Using Options
Traders with shorter time horizons can trade options to profit from price movements in JBHT stock, while protecting their portfolios from volatility.
I am looking at the contracts with the 5/19 expiration date.
The $175, $170 & $165 call options are all in-the-money, listed from highest to lowest level of open interest.
The $185, $180 & $195 puts are also all in-the-money, with the former being more liquid than the latter strikes.
Tying It All Together
JBHT stock has many interesting characteristics that traders & investors will find appealing.
Investors will like their dividend yield & P/E (ttm), but may want to look deeper into the makeup of their balance sheet.
Traders will like their recent technical performance among market volatility.
All-in-all, it is worth taking a closer look into JBHT stock to see how it fits into your portfolio strategy for when market volatility subsides.
*** I DO NOT OWN SHARES OR OPTIONS CONTRACT POSITIONS IN JBHT STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***