As of Thursday close, JBG SMITH Properties’s (NYSE:JBGS) stock was down -$0.98, moving down -6.58 percent to $13.91. The average number of shares traded per day over the past five days has been 1,582,280 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.60 fall in that time frame. In the last twenty days, the average volume was 1,400,980, while in the previous 50 days, it was 1,351,722.
Since last month, JBGS stock retreated -0.64%. Shares of the company fell to $13.86 on 09/21/23, the lowest level in the past month. A 52-week high of $21.50 was reached on 02/02/23 after having rallying from a 52-week low of $13.37. Since the beginning of this year, JBGS’s stock price has dropped by -26.71% or -$5.07, and marked a new high 6 times. However, the stock has declined by -35.30% since its 52-week high.
JBGS stock investors should be aware that JBG SMITH Properties (JBGS) stock had its last reported insider trading activity 211 days ago on Feb 23. Banerjee Madhumita Moina, the Chief Financial Officer of the company, disposed of 41,751 shares for $18.14 on Feb 23. It resulted in a $757,363 divestment by the insider. Paul David Peter sold 562 shares at an average price of $19.93 on Dec 09. The insider now owns 1,160 shares following the transaction. On Nov 21, Director Stewart Robert Alexander sold 38,591 shares at $19.50 apiece. The transaction was valued at $752,524.
Valuation Metrics
The stock’s beta is 0.99. Besides these, the trailing price-to-sales (P/S) ratio of 2.44, the price-to-book (PB) ratio of 0.60.
The latest dividend of $0.2250 per share was paid out, remained unchanged from last year’s $0.2250.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.97, and the total debt-to-equity ratio was 0.97. On the profitability front, the trailing twelve-month gross margin is 51.40% percent. In the year ended June 29, operating margins totaled 2.00%. Based on annual data, JBGS earned $16.17 million in gross profit and brought in $605.82 million 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 -0.10%. Return on equity (ROE) for the past 12 months was -1.10%.
In JBG SMITH Properties’s quarter-end financial report for June 29, it reported total debt of $1.69 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. JBGS’s revenue rose 4.33% to $152.96 million during the quarter, while net income inched up to $152.1 million. While analysts expected JBG SMITH Properties to report -$0.14 quarterly earnings, the actual figure was $0.1 per share, beating the consensus estimate by 171.40%. During the quarter, the company generated $62.66 million in EBITDA. The value of shareholders’ equity is $103.44 million.
Technical Picture
This quick technical analysis looks at JBG SMITH Properties’s (JBGS) price momentum. With a historical volatility rate of 37.67%, the RSI 9-day stood at 25.08% on 21 September.
With respect to its five-day moving average, the current JBG SMITH Properties price is down by -10.32% percent or -$1.60. At present, JBGS shares trade -4.20% below its 20-day simple moving average and -2.52% percent below its 100-day simple moving average. However, the stock is currently trading approximately -13.01% below its SMA50 and -32.77% below its SMA200.
Stochastic coefficient K was 8.42% and Stochastic coefficient D was 11.52%, while ATR was 0.48. Given the Stochastic reading of 2.01% for the 14-day period, the RSI (14) reading has been calculated as 31.93%. As of today, the MACD Oscillator reading stands at -0.45, while the 14-day reading stands at -0.79.
Analyst Ratings
JBG SMITH Properties downgraded its rating on JBG SMITH Properties (NYSE: JBGS) to an Underperform in a note to investors on August 17, 2023. The analysts firm previously had an In-line rating on the stock.JBG SMITH Properties (JBGS) has been rated Underweight by analysts. According to 1 brokerage firm, JBGS is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate JBG SMITH Properties stock as buy, with 0 recommending it as overweight.
With a median target price of $16.50, the current consensus forecast for the stock is $15.00 – $18.00. Based on these forecasts, analysts predict JBG SMITH Properties (JBGS) will achieve an average price target of $16.50.
