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JBHT
ACCE-researched

J.B. Hunt Transport Services Inc. Common Stock (JBHT) fair value

Industrials · Integrated Freight & Logistics · NASDAQ · United States
$226.03-1.98%
Market cap $21.2BNext earnings 2027-01-15Updated Oct 18, 2026
Our verdict
Trades 68% above our fair value
Price
$226.03
Model fair valueConfidence: good
$134
Model range
$72.33 to $192
Fair value $134
Price $226
4 models fit J.B. Hunt Transport Services Inc. Common Stock and they disagree: 0 of 4 land within 15% of the average. The price is above every model.
Two or more of our models back this value.
Large premium(i)Bronze50
Valued as a mature, profitable company: Discounted cash flow, P/E comparison, EV/EBITDA comparison, Graham number, and Dividend discount.
ACCE opinionJ.B. Hunt Transport Services Inc. Common Stock (JBHT)
Fair value (4 models)
$134
ACCE price target
$230
Rating
Overvalued
Horizon
12 months
Fair value published on 18 Oct 2026, 15:05 CEST; previously $132 since 18 Oct 2026, 00:00 CEST.
ACCE price target published on 18 Oct 2026, 01:52 CEST; previously $225 since 25 Sept 2026, 00:00 CEST.
Rating published on 18 Oct 2026, 15:05 CEST.
Price used: $226 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow, P/E comparison, EV/EBITDA comparison, and Graham number.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
68.4% above
-40.6% to fair value
ACCE score
59
out of 100
Analysts
63% buy
24 covering
P/E
31.6x
forward 23.0x
1-year return
+35.6%
Dividend yield
0.78%

J.B. Hunt Transport Services Inc. Common Stock in four questions

Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

J.B. Hunt runs intermodal rail-truck freight through its Intermodal (JBI) segment, dedicated contract carriage through Dedicated Contract Services, and a brokerage arm, with a large, asset-light network built around long-term customer contracts. Its scale in intermodal, where it moves containers and trailers on rail for large shippers, gives it access to capacity and pricing that smaller carriers struggle to match. Revenue growth of 19.4% is strong for a freight company, and the forward P/E of 23.9 against a trailing 32.5 suggests the market expects earnings to recover faster than the trailing numbers show. The 7.4% operating margin is thin, so the case rests on whether volume and pricing keep converting into operating leverage. Worth a deeper look to test that margin recovery against the freight cycle.

AI-assisted·How I use AIWritten Oct 18, 2026
⚠ Investor warnings · 2 flagsAI-assisted·How I use AI
  • moderate
    Earnings lagging revenue
    Revenue grew 20.4% YoY while earnings grew only 3.4%, and operating margin is 6.7%, so the top-line growth is not converting into profit.
  • moderate
    Insider selling without buying
    Last 10 disclosed insider transactions were $4.16M in sales and no buys, and ACCE score has slipped from 71 to 65 over 90 days.

AI research notes

AI-assisted·How I use AIWritten Oct 23, 2026 · figures from 2026-09-30 · prices to Oct 23, 2026
Why it could do well
  • Revenue grew 20.4% year over year, far above its five-year average of 4.5% per year.
  • Free cash flow of $948M over the last twelve months gives the company real cash to fund growth and buybacks.
  • Analysts rate the stock Buy or Strong Buy at 63%, and their mean price target sits 21.2% above the share price.
Why it could disappoint
  • At a trailing P/E of 32.0x and a forward P/E of 23.9x, it costs more than the sector median forward P/E of 23.6x.
  • Net margin of 5.1% and ROIC of 9.0% leave little cushion if freight rates or rail service weaken.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

PRO

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Valuation

INVESTOR
Where JBHT's valuation models land
Price
$226.03
Model fair value
$134
Model range
$72.33 to $192
Fair value $134
Price $226
The price is above the whole model range.
Model
Fair value
Upside
Discounted cash flow
Dividend discount
EV/EBITDA comparison
Graham number
P/E comparison
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Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

Bullish63% buy · 24 covering analysts
● Strong buy 12● Buy 3● Hold 7● Sell 1● Strong sell 1
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
Do politicians beat the market? Our backtest →
Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
-1.2%
1 month
-3.7%
3 months
-21.6%
6 months
-9.1%
YTD
+16.3%
1 year
+35.6%

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
18 Oct 2026, 15:05 CESTRatingOvervaluedfirst publication$229
18 Oct 2026, 15:05 CESTFair value$134$132$229
18 Oct 2026, 01:52 CESTACCE price target$230$225$229
18 Oct 2026, 00:00 CESTFair value$132$145$229
11 Oct 2026, 00:00 CESTFair value$145$154$229
7 Oct 2026, 00:00 CESTFair value$154$160$230
4 Oct 2026, 00:00 CESTFair value$160$175$234
26 Sept 2026, 00:00 CESTFair value$175$178$229
25 Sept 2026, 00:00 CESTACCE price target$225first publication$235
19 Sept 2026, 00:00 CESTFair value$178$185$237

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth64Value53Quality58Momentum61Total59
Valuation
Trailing P/E
31.6x
Forward P/E
23.0x
PEG
9.40
P/B
6.03x
EV / Revenue
2.1x
Book value/sh
$38.98
Enterprise value
$26.5B
Profitability
ROE
18.8%
FCF yield
4.41%
ROIC
9.0%
Health and risk
Debt / equity
0.53
Dividend yield
0.78%
Beta
1.31

Price

+36.9% · 1Y

Ask anything about JBHT

Answered from J.B. Hunt Transport Services Inc. Common Stock fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 0% of peers
low 10.8x31.6xhigh 31.6x
ROEbetter than 33% of peers
low 16%19%high 69%
Div yieldbetter than 17% of peers
low 0.0%0.8%high 5.1%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
JBHT J.B. Hunt Transport Services Inc. Common Stock$226.03$13468% above31.6x18.8%5859
EXPD Expeditors International of Washington Inc. Common Stock$196.19$12655% above28.7x42.7%7078
FDXF FedEx Freight Holding Company, Inc.$111.02$8432% above25.1x69.1%5142
CHRW C.H. Robinson Worldwide Inc. Common Stock$142.31$68110% above26.9x37.1%5457
ZTO ZTO Express (Cayman) Inc. American Depositary Shares each representing one Class A ordinary share.$20.06--10.8x16.3%7574
KNIN.SW Kuehne + Nagel InternationalCHF 224.10CHF 20012% above31.3x44.3%5763
PST.MI Poste Italiane S.p.A.€23.96€3123% below13.0x18.2%6257

Sector report card

Where JBHT ranks against its sector peers on each metric.

Computing percentiles…
  • Business Wire•Oct 1, 2026
    J.B. Hunt Transport Services, Inc. Announces Third Quarter 2026 Earnings Release Date and Conference Call Information
  • Business Wire•Sep 10, 2026
    J.B. Hunt Transport Services, Inc. Announces Participation in Upcoming Investor Conference
  • Business Wire•Sep 9, 2026
    Overroute Raises $5.5 Million to Scale in Complex Freight Operations
5 more press releases · full archive on Investor+.INVESTOR
40 filings
October 2026
Oct 15
8-KCurrent reportPeriod 2026-10-15
View on SEC →
July 2026
Jul 24
10-QQuarterly reportPeriod 2026-06-30
View on SEC →
Jul 15
8-KCurrent reportPeriod 2026-07-15
View on SEC →
37 more filings + AI summaries on Investor+.INVESTOR