Jarden Corp. (JAH) Releases Quarterly Earnings Results
Jarden Corp. (NYSE:JAH) posted its quarterly earnings results on Thursday. The company reported $1.31 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.30 by $0.01, Stock Ratings Network.com reports. The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.24 billion.
Jarden Corp. (NYSE:JAH) opened at 61.49 on Thursday. Jarden Corp. has a 1-year low of $38.20 and a 1-year high of $64.01. The stock’s 50-day moving average is $60.78 and its 200-day moving average is $53.23. The company has a market cap of $7.909 billion and a price-to-earnings ratio of 31.83.
A number of research firms have recently commented on JAH. Analysts at Zacks downgraded shares of Jarden Corp. from an “outperform” rating to a “neutral” rating in a research note on Tuesday, February 4th. They now have a $66.60 price target on the stock. On a related note, analysts at Credit Suisse set a $72.00 price target on shares of Jarden Corp. in a research note on Monday, January 13th. Finally, analysts at Oppenheimer raised their price target on shares of Jarden Corp. from $62.00 to $70.00 in a research note on Friday, January 10th. They now have an “outperform” rating on the stock. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $63.78.
Jarden Corporation (NYSE:JAH) is a global consumer products company.
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