Jarden Corp. Hits New 52-Week High at $49.46 (JAH)
Jarden Corp. (NYSE:JAH) set a new 52-week high during trading on Wednesday, American Banking & Market News reports. The stock traded as high as $49.46 and last traded at $49.15, with a volume of 908,541 shares. The stock had previously closed at $48.56.
A number of analysts have recently weighed in on JAH shares. Analysts at Zacks upgraded shares of Jarden Corp. (NYSE:JAH) from a “neutral” rating to an “outperform” rating in a research note to investors on Monday. They now have a $52.60 price target on the stock. Separately, analysts at Oppenheimer raised their price target on shares of Jarden Corp. (NYSE:JAH) from $50.00 to $56.00 in a research note to investors on Wednesday, September 11th. They now have an “outperform” rating on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Jarden Corp. (NYSE:JAH) from $47.00 to $57.00 in a research note to investors on Friday, September 6th. They now have an “overweight” rating on the stock.
One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $54.70.
In other Jarden Corp. news, CEO James E. Lillie unloaded 30,000 shares of the stock on the open market in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $47.66, for a total transaction of $1,429,800.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Jarden Corp. has a 52-week low of $32.4267 and a 52-week high of $49.46. The stock has a 50-day moving average of $46.34 and a 200-day moving average of $45.01. The company has a market cap of $5.534 billion and a P/E ratio of 27.59.
Jarden Corp. (NYSE:JAH) last issued its quarterly earnings data on Thursday, July 25th. The company reported $0.88 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.87 by $0.01. The company had revenue of $1.76 million for the quarter, compared to the consensus estimate of $1.76 million. During the same quarter last year, the company posted $1.14 earnings per share. Jarden Corp.’s revenue was up 5.0% compared to the same quarter last year. Analysts expect that Jarden Corp. will post $3.46 EPS for the current fiscal year.
Jarden Corporation (NYSE:JAH) is a global consumer products company.
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