JBG SMITH Properties (NYSE:JBGS) saw an upside of 0.07% to close Tuesday at $14.00 after adding $0.01 on the day. The 5-day average trading volume is 1,931,600 shares of the company’s common stock. It has gained $14.85 in the past week and touched a new high 1 time within the past 5 days. An average of 1,461,040 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,732,274.
JBGS’s 1-month performance is -14.27% or -$2.10 on its low of $13.94 reached on 08/21/23. The company’s shares have touched a 52-week low of $13.37 and high of $23.48, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, JBGS has lost -26.24% or -$4.98 and has reached a new high 6 times. However, the current price is down -40.37% from the 52-week high price.
Insider Transactions
JBGS stock investors last saw insider trading activity on Feb 23.Banerjee Madhumita Moina (Chief Financial Officer) most recently sold 41,751 shares at $18.14 per share on Feb 23. This transaction cost the insider $757,363. Pres. & Chief Operating Off., Paul David Peter, sold 562 shares at a price of $19.93 on Dec 09. Then, on Nov 21, Director Stewart Robert Alexander sold 38,591 shares at a price of $19.50 per share. This transaction amounted to $752,524.
Valuation Metrics
JBGS stock has a beta of 1.02. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.66 while the price-to-book (PB) in the most recent quarter is 0.58.
As well, the company’s long term debt to equity for the quarter ending June 29 was 0.96, while the total debt to equity was 0.96.. In terms of profitability, the gross margin trailing 12 months is 50.50%. The firm’s gross profit as reported stood at $16.17 million against revenue of $605.82 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 1268.53% to -$10.55 million, while revenue of $21.17 million was 300.66% off the previous quarter. Analysts expected JBGS to announce -$0.14 per share in earnings in its latest quarter, but it posted $0.1, representing a 171.40% surprise. EBITDA for the quarter stood at more than $62.66 million. Shareholders hold equity totaling $103.44 million.
Let’s look briefly at JBG SMITH Properties (JBGS) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 22.64% to suggest the stock is trending oversold, with historical volatility in this time period at 25.16%.
The stock’s 5-day moving average is $14.23, reflecting a -6.54% or -$0.98 change from its current price. JBGS is currently trading -12.88% above its 20-day SMA, -2.91% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -8.62% and SMA200 by-27.84%.
Stochastic %K and %D was 1.49% and 1.45% and the average true range (ATR) pointed at 0.44. The RSI (14) points at 30.73%, while the 14-day stochastic is at 2.05% with the period’s ATR at 0.46. The stock’s 9-day MACD Oscillator is pointing at -0.72 and -1.35 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for JBG SMITH Properties (NYSE: JBGS), Evercore ISI downgraded it to an Underperform rating. They previously had an In-line rating on the stock. Analysts offering their rating for JBGS stock have a consensus rating for the stock as Underweight. Currently, 1 brokerage advisors rate JBGS as a “sell,”, while 2 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 JBGS’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $15.00 and a high of $19.00, with their median price target at $17.00. Looking at these predictions, the average price target given by analysts is for JBG SMITH Properties (JBGS) stock is $17.00.
