Jarden Corp. Hits New 52-Week High at $61.44 (JAH)
Shares of Jarden Corp. (NYSE:JAH) hit a new 52-week high during trading hours on Tuesday, AnalystRatings.NET reports. The company traded as high as $61.44 and last traded at $61.11, with a volume of 971,584 shares trading hands. The stock had previously closed at $59.63.
A number of analysts have recently weighed in on JAH shares. Analysts at RBC Capital initiated coverage on shares of Jarden Corp. in a research note to investors on Tuesday. They set an “outperform” rating and a $75.00 price target on the stock. Separately, analysts at Zacks upgraded shares of Jarden Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, January 2nd. They now have a $64.60 price target on the stock. Finally, analysts at KeyCorp initiated coverage on shares of Jarden Corp. in a research note to investors on Monday, December 16th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $61.96.
Jarden Corp. has a 1-year low of $35.5667 and a 1-year high of $61.42. The stock’s 50-day moving average is $57.7 and its 200-day moving average is $50.26. The company has a market cap of $7.880 billion and a price-to-earnings ratio of 30.72.
Jarden Corp. (NYSE:JAH) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.04. The company had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.77 billion. During the same quarter in the previous year, the company posted $0.90 earnings per share. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. On average, analysts predict that Jarden Corp. will post $3.58 earnings per share for the current fiscal year.
Jarden Corporation (NYSE:JAH) is a global consumer products company.
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