Janus Capital Group (JNS) Releases Quarterly Earnings, Meets Expectations
Janus Capital Group (NYSE:JNS) announced its earnings results on Tuesday. The company reported $0.16 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.16, Analyst RN reports. The company had revenue of $230.20 million for the quarter, compared to the consensus estimate of $226.70 million.
Several analysts have recently commented on the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of Janus Capital Group from $9.50 to $10.00 in a research note on Tuesday, April 15th. They now have an “underweight” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Janus Capital Group in a research note on Monday, March 10th. They now have a $12.00 price target on the stock. Two investment analysts have rated the stock with a sell rating and five have given a hold rating to the company. Janus Capital Group presently has an average rating of “Hold” and an average target price of $10.29.
Janus Capital Group (NYSE:JNS) opened at 11.50 on Tuesday. Janus Capital Group has a one year low of $7.86 and a one year high of $13.10. The stock’s 50-day moving average is $10.95 and its 200-day moving average is $10.84. The company has a market cap of $2.102 billion and a price-to-earnings ratio of 18.71.
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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