Janus Henderson Group plc (NYSE:JHG) saw a downside of -0.12% to close Friday at $25.91 after subtracting -$0.03 on the day. The 5-day average trading volume is 510,760 shares of the company’s common stock. It has gained $26.45 in the past week and touched a new high 1 time within the past 5 days. An average of 696,290 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 751,896.
JHG’s 1-month performance is -12.47% or -$3.39 on its low of $25.66 reached on 08/18/23. The company’s shares have touched a 52-week low of $19.09 and high of $31.30, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, JHG has achieved 10.16% or $2.39 and has reached a new high 8 times. However, the current price is down -17.22% from the 52-week high price.
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Insider Transactions
JHG stock investors last saw insider trading activity on Jul 03.FOGO GEORGINA (Chief Risk Officer) most recently sold 5,043 shares at $27.35 per share on Jul 03. This transaction cost the insider $137,926. Chief Accounting Officer, Hughes Brennan A., sold 1,874 shares at a price of $26.69 on May 08.
Valuation Metrics
JHG stock has a beta of 1.46. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.07 while the price-to-book (PB) in the most recent quarter is 0.93, with the price to cash flow ratio at 10.37.
Janus Henderson Group plc’s quick ratio for the recent period was 4.50, with the current ratio over the same period at 4.50. In terms of profitability, the gross margin trailing 12 months is 98.40%. The firm’s gross profit as reported stood at $489.8 million against revenue of $2.2 billion.
Earnings Surprise
Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 220.38% to $89.8 million, while revenue of $87.4 million was 2.67% off the previous quarter. EBITDA for the quarter stood at more than $112.9 million. Shareholders hold equity totaling $165.66 million.
Let’s look briefly at Janus Henderson Group plc (JHG) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 18 August was 25.32% to suggest the stock is trending oversold, with historical volatility in this time period at 12.82%.
The stock’s 5-day moving average is $26.10, reflecting a -1.93% or -$0.51 change from its current price. JHG is currently trading -10.66% above its 20-day SMA, -0.38% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -8.15% and SMA200 by+13.79%.
Stochastic %K and %D was 2.38% and 2.87% and the average true range (ATR) pointed at 0.58. The RSI (14) points at 32.88%, while the 14-day stochastic is at 6.71% with the period’s ATR at 0.62. The stock’s 9-day MACD Oscillator is pointing at -0.46 and -0.91 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Janus Henderson Group plc (NYSE: JHG), Credit Suisse upgraded it to a Neutral rating. They previously had an Underperform rating on the stock. Analysts offering their rating for JHG stock have a consensus rating for the stock as Underweight. Currently, 5 brokerage advisors rate JHG as a “sell,”, while 4 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
What is JHG’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $22.00 and a high of $33.00, with their median price target at $26.00. Looking at these predictions, the average price target given by analysts is for Janus Henderson Group plc (JHG) stock is $26.67.
