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J.B. Hunt (JBHT) in Focus: Stock Moves 6.2% Higher

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J.B. Hunt Transport Services, Inc. (JBHT - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $109.21–$120.77 in the past one-month time frame, witnessed a sharp increase yesterday.

The move came after the company reported strong first-quarter 2018 results.

The company has seen two downward estimate revisions and no upward revisions over the past few weeks and the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

J.B. Hunt currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.  

A better-ranked stock in the Transportation - Truck industry is Landstar System, Inc. (LSTR - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is JBHT going up? Or down? Predict to see what others think: Up or Down

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