Analysts predict Janus Henderson Group plc (JHG) stock to reach $22.88 in the next 12 months

At the time of writing, Janus Henderson Group plc [JHG] stock is trading at $32.18, down -0.62%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The JHG shares have gain 3.77% over the last week, with a monthly amount glided 3.87%, and seem to be holding up well over a long-time horizon.

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On 12, March 2024, Janus Henderson Investors Announces Changes to ETF Line-Up. In a post published today on Yahoo Finance, Janus Henderson Investors today announced plans to reposition the Janus Henderson Sustainable Corporate Bond ETF (currently SCRD) to the Janus Henderson Corporate Bond ETF (JLQD).

From an analyst’s perspective:

Janus Henderson Group plc [NYSE: JHG] stock has seen the most recent analyst activity on February 02, 2024, when JP Morgan upgraded its rating to a Neutral and also boosted its price target to $31 from $28. Previously, UBS started tracking the stock with Sell rating on January 05, 2024, and set its price target to $25. On January 04, 2024, TD Cowen initiated with a Market Perform rating and assigned a price target of $30 on the stock. CLSA upgraded its rating to a Outperform. Credit Suisse upgraded its rating to a Neutral and raised its price target to $23 on May 08, 2023. Wells Fargo started tracking with a Underweight rating for this stock on December 15, 2022, and assigned it a price target of $24.

For the past year, the stock price of Janus Henderson Group plc fluctuated between $22.17 and $32.78. Currently, Wall Street analysts expect the stock to reach $22.88 within the next 12 months. Janus Henderson Group plc [NYSE: JHG] shares were valued at $32.18 at the most recent close of the market. An investor can expect a potential drop of -28.9% based on the average JHG price forecast.

Analyzing the JHG fundamentals

According to Janus Henderson Group plc [NYSE:JHG], the company’s sales were 2.15B for trailing twelve months, which represents an 11.42% jump. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.09 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 31.94 points at the first support level, and at 31.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.55, and for the 2nd resistance point, it is at 32.92.

Janus Henderson Group plc [JHG] reported earnings per share of $0.82 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.54/share, meaning a difference of $0.28 and a surprise factor of 51.90%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.64 per share as compared to estimates of $0.53 per share, a difference of $0.11 representing a surprise of 20.80%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 2.43, the price to book ratio is 1.16 and price to earnings (TTM) ratio is 13.57.

Transactions by insiders

Recent insider trading involved Hughes Brennan A., CHIEF ACCOUNTING OFFICER, that happened on Mar 06 ’24 when 1812.0 shares were sold. CHIEF RISK OFFICER, FOGO GEORGINA completed a deal on Mar 01 ’24 to sell 3029.0 shares. Meanwhile, CHIEF FINANCIAL OFFICER THOMPSON ROGER MJ sold 2806.0 shares on Mar 01 ’24.

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