As of Wednesday close, Jackson Financial Inc.’s (NYSE:JXN) stock was down -$0.27, moving down -0.71 percent to $37.74. The average number of shares traded per day over the past five days has been 686,800 shares. 4 times new highs have been achieved over the past 5 days, with a $0.96 gain in that time frame. In the last twenty days, the average volume was 1,074,490, while in the previous 50 days, it was 953,808.
Since last month, JXN stock rose 4.83%. Shares of the company fell to $30.86 on 11/09/22, the lowest level in the past month. A 52-week high of $47.76 was reached on 01/11/22 after having rallying from a 52-week low of $23.56. Since the beginning of this year, JXN’s stock price has dropped by -9.78% or -$4.09, and marked a new high 6 times. However, the stock has declined by -20.98% since its 52-week high.
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JXN stock investors should be aware that Jackson Financial Inc. (JXN) stock had its last reported insider trading activity 99 days ago on Aug 17. Noles Russell G, the Director of the company, purchased of 150 shares for $33.43 on Aug 17. It resulted in a $5,014 investment by the insider. PRUDENTIAL PLC sold 4,500,000 shares at an average price of $27.00 on Aug 03. The insider now owns 7,635,443 shares following the transaction. On Jun 15, Director Durant Gregory T bought 3,000 shares at $29.10 apiece. The transaction was valued at $87,300.
Right now, Jackson Financial Inc. (JXN) has a P/E ratio of about 0.48. Besides these, the trailing price-to-sales (P/S) ratio of 0.19, the price-to-book (PB) ratio of 0.36, and the price-to-cash flow ratio of 0.63 may also be considered.
The latest dividend of $0.55 per share was paid out, remained unchanged from last year’s $0.55. On Wednesday March 2 2022, a $0.05 dividend increase was announced.
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.29. In the year ended June 29, operating margins totaled 53.70%. Based on annual data, JXN earned $4.05 billion in gross profit and brought in $8.85 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 25.80%. Return on equity (ROE) for the past 12 months was 72.60%.
In Jackson Financial Inc.’s quarter-end financial report for June 29, it reported total debt of $2.63 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. JXN’s revenue rose 63.05% to $6.52 billion during the quarter, while net income inched up to $4.02 billion. While analysts expected Jackson Financial Inc. to report $1.91 quarterly earnings, the actual figure was $2.52 per share, beating the consensus estimate by 31.90%. During the quarter, the company generated $2.06 billion in EBITDA. The value of shareholders’ equity is $83.04 million.
This quick technical analysis looks at Jackson Financial Inc.’s (JXN) price momentum. With a historical volatility rate of 27.11%, the RSI 9-day stood at 61.04% on 23 November.
With respect to its five-day moving average, the current Jackson Financial Inc. price is up by +2.61% percent or $0.96. At present, JXN shares trade +4.14% above its 20-day simple moving average and +37.89% percent above its 100-day simple moving average. However, the stock is currently trading approximately +17.06% above its SMA50 and -10.46% below its SMA200.
Stochastic coefficient K was 83.92% and Stochastic coefficient D was 78.40%, while ATR was 1.52. Given the Stochastic reading of 86.22% for the 14-day period, the RSI (14) reading has been calculated as 59.61%. As of today, the MACD Oscillator reading stands at 0.37, while the 14-day reading stands at 1.79.
Jefferies launched its rating on Jackson Financial Inc. (NYSE: JXN) to a Buy in a note to investors on January 26, 2022. Jackson Financial Inc. (JXN) has been rated Hold by analysts. According to 0 brokerage firms, JXN is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Jackson Financial Inc. stock as buy, with 1 recommending it as overweight.
With a median target price of $38.00, the current consensus forecast for the stock is $32.00 – $46.00. Based on these forecasts, analysts predict Jackson Financial Inc. (JXN) will achieve an average price target of $37.83.