Janus Capital Group Inc. Hits New 52-Week High at $12.76 (JNS)
Shares of Janus Capital Group (NYSE:JNS) hit a new 52-week high during mid-day trading on Thursday, ARN reports. The stock traded as high as $12.76 and last traded at $12.75, with a volume of 3,101,735 shares trading hands. The stock had previously closed at $12.58.
A number of research firms have recently commented on JNS. Analysts at JPMorgan Chase & Co. raised their price target on shares of Janus Capital Group from $9.50 to $11.00 in a research note to investors on Tuesday. They now have an “underweight” rating on the stock. Separately, analysts at Goldman Sachs Group Inc. upgraded shares of Janus Capital Group from a “sell” rating to a “neutral” rating in a research note to investors on Friday, January 10th. Finally, analysts at Keefe, Bruyette & Woods reiterated a “market perform” rating on shares of Janus Capital Group in a research note to investors on Friday, January 10th. They now have a $11.25 price target on the stock, up previously from $9.75. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $9.38.
Janus Capital Group has a 52-week low of $7.86 and a 52-week high of $12.74. The stock’s 50-day moving average is $11.57 and its 200-day moving average is $9.81. The company has a market cap of $2.355 billion and a price-to-earnings ratio of 21.69.
Janus Capital Group (NYSE:JNS) last released its earnings data on Thursday, October 24th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.04. The company had revenue of $217.70 million for the quarter, compared to the consensus estimate of $215.40 million. During the same quarter in the previous year, the company posted $0.15 earnings per share. The company’s revenue for the quarter was up 4.2% on a year-over-year basis. On average, analysts predict that Janus Capital Group will post $0.63 earnings per share for the current fiscal year.
Janus Capital Group Inc, and its subsidiaries (NYSE:JNS) provide investment management, administration, distribution and related services to financial advisors, individuals and institutional clients through mutual funds, other pooled investment vehicles, separate accounts and sub advised relationships (collectively referred to as investment products) in both domestic and international markets.
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