Janus Henderson Group plc (NYSE:JHG) traded with an addition of $0.19 to $25.50 on Thursday, an upside of 0.77 percent. An average of 1,012,460 shares of common stock have been traded in the last five days. There was a fall of -$1.30 in the past week, and it reached a new high 9 times over the past 12 months. The last 20 days have seen an average of 846,730 shares traded, while the 50-day average volume stands at 747,538.
JHG stock has decreased by -6.54% in the last month. The company shares reached their 1-month lowest point of $25.08 on 09/28/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $19.09 and a high of $31.30 in 52 weeks. It has reached a new high 8 times so far this year and achieved 8.44% or $1.86 in price. In spite of this, the price is down -18.51% from the 52-week high.
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Insider Transactions
JHG stock investors should be aware that Janus Henderson Group plc (JHG) stock had its last reported insider trading activity 87 days ago on Jul 03. In this transaction, the insider spent $137,926. Chief Accounting Officer, Hughes Brennan A., disposed of 1,874 shares at a price of $26.69 on May 08. The insider now owns more than $50,010 worth of shares.
Valuation Metrics
Janus Henderson Group plc (JHG) has a trailing price-to-earnings (P/E) ratio of 12.08, which compares with the N/A for the broader industry. The stock’s beta is 1.45. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.02, the price-to-book (PB) ratio at 0.94, and the price-to-cash flow ratio at 10.18.
The company has a payout ratio of 69.54%. The company’s most recent quarterly dividend payment was $0.39 a share, without any change from last year. Its latest increase dividend $0.01 reported on Tuesday May 3 2022.
Financial Health
Further, the company has a long term debt to equity ratio of 0.07 and a total debt to equity ratio of 0.07 for the quarter ending June 29. Its gross profit as reported stood at $489.8 million compared to revenue of $2.2 billion.
Earnings Surprise
For the three-month period that ended June 29, Janus Henderson Group plc had $306.0 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $89.8 million in the quarter, while revenues of $87.4 million were grew 220.38%. The analyst consensus anticipated Janus Henderson Group plc’s latest quarter earnings to come in at $0.56 per share, but it turned out to be $0.62, a 10.70% surprise. For the quarter, EBITDA amounted to $112.9 million. At the end of the quarter ending June 29, Janus Henderson Group plc’s stock balance sheet showed total debt was $398.1 million. Shareholders own equity worth $165.66 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Janus Henderson Group plc (JHG) price momentum. RSI 9-day as of the close on 27 September was 23.20%, suggesting the stock is oversold, with historical volatility in this time frame at 20.76%.
As of today, JHG’s price is $25.85 -4.88% or -$1.30 from its 5-day moving average. JHG is currently trading -6.80% lower than its 20-day SMA and -4.41% lower than its 100-day SMA. However, the stock’s current price level is -14.12% below the SMA50 and +1.68% above the SMA200.
The stochastic %K and %D were 6.11% and 8.37%, respectively, and the average true range (ATR) was 0.62. With the 14-day stochastic at 9.80% and the average true range at 0.60, the RSI (14) stands at 30.39%. The stock has reached -1.07 on the 9-day MACD Oscillator while the 14-day reading was at -1.35.
Analyst Ratings
Credit Suisse upgraded Janus Henderson Group plc (NYSE: JHG) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as an Underperform. The consensus rating for Janus Henderson Group plc (JHG) among analysts is Underweight. According to current brokerage recommendations, 5 brokerage firms advise that investors sell JHG, while 4 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 JHG’s price target for the next 12 months?
Analysts predict a range of price targets between $22.00 and $33.00, with a median target of $26.00. Taking a look at these predictions, the average price target given by analysts for Janus Henderson Group plc (JHG) stock is $26.67.
