Research Analysts Set Expectations for Just Energy Group Inc’s Q4 2018 Earnings (JE)

Just Energy Group Inc (TSE:JE) (NYSE:JE) – Equities research analysts at B. Riley raised their Q4 2018 EPS estimates for shares of Just Energy Group in a report released on Monday. B. Riley analyst C. Driscoll now expects that the company will post earnings per share of $0.21 for the quarter, up from their prior forecast of $0.18. B. Riley also issued estimates for Just Energy Group’s Q1 2019 earnings at $0.08 EPS, Q3 2019 earnings at $0.20 EPS and Q4 2019 earnings at $0.17 EPS.

JE has been the topic of several other research reports. Royal Bank of Canada raised Just Energy Group from a “sector perform” rating to an “outperform” rating and lowered their price target for the company from C$7.50 to C$7.00 in a report on Monday, December 18th. TD Securities cut Just Energy Group from a “buy” rating to a “hold” rating and decreased their price objective for the company from C$9.50 to C$6.50 in a report on Friday, November 10th. National Bank Financial decreased their price objective on Just Energy Group from C$6.25 to C$6.00 and set a “sector perform” rating on the stock in a report on Monday, November 27th. Canaccord Genuity raised Just Energy Group from a “hold” rating to a “buy” rating and set a C$6.25 price objective on the stock in a report on Thursday, February 8th. Finally, CIBC raised Just Energy Group from a “neutral” rating to an “outperform” rating and decreased their price objective for the company from C$7.50 to C$6.50 in a report on Thursday, February 8th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Just Energy Group presently has a consensus rating of “Buy” and an average price target of C$6.50.

Just Energy Group (TSE:JE) traded up C$0.09 during trading hours on Tuesday, hitting C$6.24. The company’s stock had a trading volume of 598,254 shares, compared to its average volume of 503,158. Just Energy Group has a 1 year low of C$4.84 and a 1 year high of C$8.62. The stock has a market cap of $913.42, a PE ratio of 5.50 and a beta of 0.49.

In related news, insider Morgan Smith purchased 10,000 shares of Just Energy Group stock in a transaction that occurred on Tuesday, December 12th. The shares were acquired at an average cost of C$4.15 per share, for a total transaction of C$41,500.00. Also, insider Ron Joyce purchased 100,000 shares of Just Energy Group stock in a transaction that occurred on Monday, November 27th. The shares were bought at an average price of C$5.35 per share, for a total transaction of C$535,000.00.

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About Just Energy Group

Just Energy Group Inc (Just Energy) is an energy management solutions provider engaged in electricity, natural gas, solar and green energy. The Company’s segments include Consumer Energy and Commercial Energy. The Company operates in the United States, Canada and the United Kingdom, offering a range of energy products, including long-term fixed-price, variable rate and flat bill programs; home energy management services, including smart thermostats and tools to manage energy use at the appliance level, and residential solar panel installations.

Earnings History and Estimates for Just Energy Group (TSE:JE)

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