JB Hunt Transport Services Inc
JBHT: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$455.00 | Mnqvfpz | Rtkkhyrwb |
Rail-Strike Threat Tempers Intermodal Gains in J.B. Hunt’s Q3, but Underlying Demand Still Positive
Narrow-moat J.B. Hunt’s top line grew 12% year over year (excluding fuel). Growth was mostly in line with our expectations, as a higher-than-expected showing in the dedicated and for-hire trucking segments offset lower-than-expected truck brokerage transactional volumes (the truckload market capacity crunch is easing).