Report
Matthew Young
EUR 147.86 For Business Accounts Only

Despite Soft Demand, J.B. Hunt Continues to Post Industry-Leading Intermodal Activity in Its 3Q

Narrow-moat J.B. Hunt's third-quarter consolidated revenue expanded 6.5% year over year. The firm’s top-line growth is mostly tracking our expected run rate for the year, as slightly softer than anticipated intermodal pricing conditions were offset by continued strength in highway brokerage load activity and new business wins in the dedicated trucking division. Operating margins were roughly in line.
Overall, we expect to boost our fair value estimate by 7%-8%. Most of the increase derives from ...
Underlying
J.B. Hunt Transport Services Inc.

J.B. Hunt Transport Services is a holding company. Through its subsidiaries, the company is a surface transportation, delivery, and logistics company. The company's service offerings include transportation of full-truckload containerized freight, which it directly transports utilizing its equipment and company drivers or independent contractors. The company also provides customized freight movement, revenue equipment, labor, systems, and delivery services. The company's local and home delivery services typically are provided through a network of cross-dock service centers throughout the continental United States. The company's segments include Intermodal, Dedicated Contract Services?, Integrated Capacity Solutions, and Truckload.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Matthew Young

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