Just Energy Group (NYSE:JE) (TSE:JE) is scheduled to post its quarterly earnings results after the market closes on Wednesday, May 15th. Analysts expect Just Energy Group to post earnings of $0.19 per share for the quarter.
JE opened at $3.50 on Tuesday. Just Energy Group has a 1 year low of $2.80 and a 1 year high of $4.34. The company has a debt-to-equity ratio of 3.52, a quick ratio of 1.12 and a current ratio of 1.16. The stock has a market capitalization of $546.03 million, a price-to-earnings ratio of 2.97 and a beta of 0.56.
Several equities research analysts have weighed in on JE shares. Zacks Investment Research downgraded Just Energy Group from a “hold” rating to a “sell” rating in a report on Thursday, April 11th. ValuEngine downgraded Just Energy Group from a “hold” rating to a “sell” rating in a report on Wednesday, April 3rd. HC Wainwright reissued a “buy” rating and issued a $6.50 price target on shares of Just Energy Group in a report on Tuesday, April 2nd. Canaccord Genuity downgraded Just Energy Group from a “buy” rating to a “hold” rating in a report on Monday. Finally, CIBC set a $5.00 price target on Just Energy Group and gave the stock a “hold” rating in a report on Thursday, March 21st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $5.27.
A hedge fund recently raised its stake in Just Energy Group stock. Geode Capital Management LLC boosted its stake in shares of Just Energy Group Inc (NYSE:JE) (TSE:JE) by 801.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 333,961 shares of the utilities provider’s stock after acquiring an additional 296,933 shares during the quarter. Geode Capital Management LLC owned 0.22% of Just Energy Group worth $1,504,000 at the end of the most recent reporting period. 28.78% of the stock is currently owned by hedge funds and other institutional investors.
About Just Energy Group
Just Energy Group Inc, through its subsidiaries, provides electricity, natural gas, and renewable energy solutions in the United States, Canada, the United Kingdom, Ireland, Germany, and Japan. It operates through Consumer Energy and Commercial Energy segments. The company offers various home and business energy solutions, including long-term fixed-price, variable-price, and flat-bill solutions to residential and commercial customers.
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