The stock of Janus Henderson Group plc (NYSE:JHG) decreased by -$0.52 on Friday to finish at $26.42, down -1.93 percent. The last five days have seen an average of 565,680 shares of common stock traded. 8 times new highs were reached in the current year, with a gain of $2.90. The average number of shares traded over the last 20 days was 715,545, while the average volume over the last 50 days totaled 785,974.
JHG stock dropped -8.99% since last month. On 08/11/23, the company’s shares reached a one-month low of $26.24. The stock touched a high of $31.30 on 02/02/23, after rallying from a low of $19.09 in 52 weeks. The price of JHG stock has risen by 12.33% or $2.90 this year, reaching a new high 8 times. Still, the stock price is down -15.59% from the 52-week high.
Insider Transactions
JHG stock investors should be aware that Janus Henderson Group plc (JHG) stock had its last reported insider trading activity 42 days ago on Jul 03. On Jul 03, Chief Risk Officer FOGO GEORGINA sold 5,043 shares at $27.35 each. This transaction resulted in the insider making $137,926. On May 08, Hughes Brennan A. sold 1,874 shares at a price of US$26.69. After the transaction, the insider now owns 4,570 shares. Director Sheehan Anne had earlier bought 332 shares on Mar 09 for $27.11 a share. The transaction was completed for $9,000.
Valuation Metrics
Janus Henderson Group plc (JHG) has a trailing price-to-earnings (P/E) ratio of 12.52. Beta for the stock is 1.45. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.15, the price-to-book (PB) ratio of 0.95, and the price-to-cash flow ratio of 10.77.
Company paid $0.39 per share in dividends, remained unchanged from $0.39 last year. A $0.01 dividend increase was reported on Tuesday May 3 2022.
Financial Health
For the three months ended June 29, Janus Henderson Group plc’s quick ratio was 4.50, while its current ratio was 4.50, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.07, and the total debt to equity ratio is 0.07. As far as profitability goes, gross margin for the trailing twelve months is 98.40% percent. Janus Henderson Group plc’s operating margin stood at 19.60% for the same period. Based on annual data, it had gross profit of $489.8 million and revenue of $2.2 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. JHG’s return on assets (ROA) during the last 12 months has been 5.40%. There was a 8.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 7.80%.
Earnings Surprise
According to Janus Henderson Group plc’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $523.4 million, while revenues rose by 14.77% to $513.4 million. It was predicted that Janus Henderson Group plc’s quarterly earnings would be $0.62, but it ended up being $0.56, beating the consensus by 10.70%. EBITDA was $112.9 million for the quarter. At the end of Janus Henderson Group plc’s most recent quarter ended June 29, its total debt was $398.1 million. Equity owned by shareholders amounts to $165.66 million.
Technical Picture
Here’s a quick look at Janus Henderson Group plc’s (JHG) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 30.13%, suggesting the stock is Neutral, with a 33.58% historical volatility rate.
The stochastic %K and %D were 8.98% and 12.03% respectively, while the average true range (ATR) was 0.76. Based on the 14-day stochastic reading of 5.23%, the RSI (14) reading is 36.52%. On the 9-day MACD Oscillator, the stock is at -0.52, and the 14-day reading is at -1.17.
Analyst Ratings
In its most recent analyst report, Credit Suisse raised its rating on Janus Henderson Group plc (NYSE: JHG) to a Neutral. Prior to this, analysts firm rated the stock as an Underperform. Analysts have assigned Janus Henderson Group plc (JHG) an Underweight rating. JHG is a stock that is recommended for selling by 5 brokerage firms, while 4 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 0 others recommend it as a buy.
What is JHG’s price target for the next 12 months?
The current consensus forecast for the stock is between $22.00 and $33.00, with a median target price of $26.00. In analyzing these forecasts, the average price target given by analysts for Janus Henderson Group plc (JHG) is $26.56.
