JBG SMITH Properties (NYSE:JBGS) finished Friday with a subtraction of -$0.02 to close at $14.61, a downside of -0.14 percent. An average of 1,564,100 shares of common stock have been traded in the last five days. There was a gain of $0.41 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 1,482,690 shares traded, while the 50-day average volume stands at 1,732,580.
JBGS stock has decreased by -10.20% in the last month. The company shares reached their 1-month lowest point of $13.94 on 08/21/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $13.37 and a high of $23.47 in 52 weeks. It has reached a new high 6 times so far this year and lost -23.02% or -$4.37 in price. In spite of this, the price is down -37.75% from the 52-week high.
Insider Transactions
JBGS stock investors should be aware that JBG SMITH Properties (JBGS) stock had its last reported insider trading activity 184 days ago on Feb 23. In this transaction, the insider spent $757,363. Pres. & Chief Operating Off., Paul David Peter, disposed of 562 shares at a price of $19.93 on Dec 09. The insider now owns more than $11,201 worth of shares. Prior to that, Director Stewart Robert Alexander went on to Sale 38,591 shares at $19.50 each on Nov 21. An amount of $752,524 was transacted.
Valuation Metrics
JBG SMITH Properties (JBGS) has a trailing price-to-earnings (P/E) ratio of 17.11. The stock’s beta is 1.01. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.78, the price-to-book (PB) ratio at 0.60.
Financial Health
Further, the company has a long term debt to equity ratio of 0.96 and a total debt to equity ratio of 0.96 for the quarter ending June 29. Its gross profit as reported stood at $16.17 million compared to revenue of $605.82 million.
Earnings Surprise
For the three-month period that ended June 29, JBG SMITH Properties had $1.69 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$10.55 million in the quarter, while revenues of $21.17 million were grew 1268.53%. The analyst consensus anticipated JBG SMITH Properties’s latest quarter earnings to come in at -$0.14 per share, but it turned out to be $0.1, a 171.40% surprise. For the quarter, EBITDA amounted to $62.66 million. At the end of the quarter ending June 29, JBG SMITH Properties’s stock balance sheet showed total debt was $2.53 billion. Shareholders own equity worth $103.44 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at JBG SMITH Properties (JBGS) price momentum. RSI 9-day as of the close on 25 August was 39.88%, suggesting the stock is Neutral, with historical volatility in this time frame at 32.64%.
As of today, JBGS’s price is $14.35 +2.89% or $0.41 from its 5-day moving average. JBGS is currently trading -12.62% lower than its 20-day SMA and -2.99% lower than its 100-day SMA. However, the stock’s current price level is -4.38% below the SMA50 and -22.16% below the SMA200.
The stochastic %K and %D were 21.03% and 14.21%, respectively, and the average true range (ATR) was 0.43. With the 14-day stochastic at 22.65% and the average true range at 0.45, the RSI (14) stands at 40.75%. The stock has reached 0.16 on the 9-day MACD Oscillator while the 14-day reading was at -0.34.
Analyst Ratings
Evercore ISI downgraded JBG SMITH Properties (NYSE: JBGS) to a an Underperform rating in its most recent analyst report. Previously, the stock was rated as an In-line. The consensus rating for JBG SMITH Properties (JBGS) among analysts is Underweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell JBGS, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 0 others rate it as a “buy”.
What is JBGS’s price target for the next 12 months?
Analysts predict a range of price targets between $15.00 and $19.00, with a median target of $17.00. Taking a look at these predictions, the average price target given by analysts for JBG SMITH Properties (JBGS) stock is $17.00.
