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-0.00194271481942708 -0.00144458281444579 -0.00453300124533 0.0062266500622665 0.0084184308841843 -0.00757160647571597 -0.00318804483188038 -0.0175840597758406
Stock impact report

J.B. Hunt tries to navigate through rough ride [Seeking Alpha]

J.B. Hunt Transport Services, Inc. (JBHT) 
Last j.b. hunt transport services, inc. earnings: 4/14 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: jbhunt.com/company/investor_relations
Company Research Source: Seeking Alpha
Consumer|On the MoveJ.B. Hunt tries to navigate through rough rideApr. 15, 2020 9:50 AM ETJ.B. Hunt Transport Servi... (JBHT)Clark SchultzBank of America observes that J.B. Hunt Transport Services (+1.3%AS expected, J.B. Hunt is now seeing additional impacts to its business activity due to COVID-19. "It noted January, February, and March Intermodal volumes were up 7%, 8%, and 5%, respectively, but dropped meaningfully towards the end of March. It expects double-digit Intermodal load declines in 2Q," notes analyst Ken Hoexter."As nearly 65% of operating expenses are represented by purchased transportation and fuel expense, JBHT should be positioned to move costs in-line with falling volumes, despite the structural headwind of rising intermodal purchased transportation expense," he adds.BofA keeps a Neutral rating on JBHT and price objective of $101. The trucker's ample liquidity is highlighted.Previously:Post-earnings gains for J.B. HuntSee all stocks on the move »Now read:J.B. Hunt T Show less Read more
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