The Janus Henderson Group plc (JHG) shares are trading at lower $19.88 and the avg recommendation for the stock is Hold. while the current analyst price target stands at $19.49.
To add more color to this target, the company’s high over the last year is $27.50 and the low is $11.81. Over the last 52 weeks, JHG is down -27.71% while the S&P 500 is down -0.57%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, JHG reported a profit of $-332.4 million. Janus Henderson Group plc also saw revenues decrease to $554.9 million. In addition, JHG has free cash flow of $29.7 million as of 03-2020. The company’s EBITDA came in at -$329.1 million which compares well with its peers.
JHG booked profit margins of 3.50%, its Return on Equity (ROE) is 1.60%, and its Return on Assets is 1.10%. All told, it is clear that, JHG needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. JHG has a short ratio of 6.40 and outstanding shares of 182.40M.
JHG has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 2.2 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at 0.38. Investors should also keep an eye on sector updates as JHG has historically followed its peers on positive news.
All told, Janus Henderson Group plc JHG has strung together solid data and demonstrated underlying fundamentals. At its current valuation, JHG represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
Janus Henderson Group plc JHG is now commanding a market cap of 3.62B and a float of 147.33M. JHG is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of JHG stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in JHG, either long or short, and we have not been compensated for this article.