Forbes Magazine Names J.B. Hunt Transport Services, Inc. Among List of 100 Best Mid-Cap Stocks
Posted on: Tuesday, 6 September 2005, 15:00 CDT
J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT), one of the nation's largest publicly-held transportation companies, has been named to Forbes Magazine's List of 100 Best Mid-Cap Stocks.
Among the truckload transport providers in the listing, J.B. Hunt ranked first in the five-year earnings per share growth category and first in sales for the latest twelve months. The Company was number 60 on the list overall.
"As a company, we strive to deliver the same level of commitment to our shareholders as we do our customers. It is the hard work and dedication of our employees, the best in the transportation industry, that enables J.B. Hunt to provide unparalleled value to investors and customers alike," said Kirk Thompson, president and CEO for J.B. Hunt. "We are honored to have their effort acknowledged by Forbes."
Forbes analyzed 1,000 U.S. companies with a market capitalization between $1 billion and $4 billion. Each was reviewed for positive growth in five-year, as well as trailing twelve month, return on equity, sales and earnings. The companies were then further reviewed for three- to five-year earnings growth predictions. Forbes then used an outside research company to scrutinize balance sheet and boardroom practices before handing out scores in the areas of financial condition, accounting and governance, and earnings quality.
More information on the J.B. Hunt listing and the entire Forbes 100 Best Mid-Caps list is available on their web site at www.forbes.com.
About J.B. Hunt
J.B. Hunt Transport Services, Inc., one of the largest transportation logistics companies in North America, focuses on the safe and reliable transport of full truckload freight to a diverse group of customers throughout the continental United States, Canada and Mexico. Our business operations are primarily organized through three distinct, yet complementary, business segments that include dedicated contract services, intermodal and dry van. Utilizing an integrated approach, we provide capacity oriented solutions centered on delivering customer value and industry leading service.
Our stock is traded on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. For more information about our company, visit www.jbhunt.com.
Source: Business Wire
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