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Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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J.B. Hunt Transportation Services Could Hit New Highs By Year End

By: MarketBeat

J.B. Hunt stock price

As weak as the Q2 results are, shares of J.B. Hunt Transportation Services (NASDAQ: JBHT) are moving higher and could set a new all-time high by the end of the year. The results are weak due to market conditions that have corrected from pandemic-inspired levels. However, the takeaway from the report is that the company has grown since 2019, and business is stabilizing well above those levels.

This has the company set up for leverage when business begins to pick up, which could come soon. The odds of a recession in 2023 have been significantly reduced (and details within the report are deflationary for the economy), which may lead to reinvigorated economic activity as the 2nd half wears on.

Regardless, J.B. Hunt is a high-quality business with healthy capital returns and an outlook for long-term growth. 

J.B. Hunt Has Weak Quarter: Shares Move Higher

J.B. Hunt was expected to have a weak quarter, but the Q2 results are even weaker than expected. The revenue of $3.13 is down 18.5% compared to last year and missed the consensus by 485 basis points. The miss is due to a decline in volume in most segments that was compounded by a double-digit decline in revenue per load in all segments that count.

The good news is that revenue is up nearly 39% compared to 2019, and the earnings gains are even larger. Intermodal, the largest segment by revenue, shrank 19% on a 13% decline in revenue per load, while DCS, the 2nd largest, shrank by a smaller 2%. Integrated Capacity Solutions declined by 43%, Truckload by 16%, and Final Mile Services by 19%. 

Lower revenue per load, lower volume, higher costs, and higher interest expense impacted the margin. Operating income fell by 23% compared to the top-line -18.5% to leave the GAAP earnings at $1.81. This is down 25% and 570 bps worse than the Marketbeat consensus but offset by the pre-pandemic comparison.

EPS is up 47% compared to 2019 and is expected to remain solid. This is helping to sustain capital returns and a healthy balance sheet. 

The company levered its revolving credit facility to shore up its cash balance over the quarter, but there is little change to the balance sheet. The company’s total liabilities are up, but long-term debt is down, and the increase in cash reserves balances it out. The takeaway is that the dividend remains reliable if a small payout at 0.9% of share prices.

The dividend is compounded by share repurchases which totaled $53 million in the quarter. That’s worth about 0.25% of the pre-release market cap, with more than $465 million or about 2.4% of the market cap left. 

The Analysts Are Supporting JBHT Stock 

The trend in analysts’ sentiment was favorable ahead of the Q2 release, and that has not changed following it. Marketbeat.com picked up 4 revisions within the 1st 18 hours of the release, and they are all buying the stock. The consensus rating is a Moderate Buy which has held steady over the past year.

The price target is down compared to last year but firming compared to last month and last quarter due to upward revisions. Three of the 4 new targets were revised higher, and the 1 standout was lowered to a level consistent with the consensus target.

The takeaway is that the analysts may not lead the stock to a new high, but they are supporting the market, and the institutions have been buying on balance. 

The price action in JBHT stock wobbled immediately after the results, but bulls bought the dip and drove it higher in after-hours trading. The market is more than 2.0% ahead of the open following the release and suggests upward movement will continue. The move is consistent with a bullish signal that can be seen on the monthly, weekly, and daily charts. 

JB Hunt stock chart

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