Is Jackson Financial Inc (JXN) Stock a Good Buy for Short-term Investors?

Jackson Financial Inc [JXN] stock prices are up 13.28% to $113.74 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The JXN shares have gain 10.67% over the last week, with a monthly amount glided 16.91%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Jackson Financial Inc [NYSE: JXN] stock has seen the most recent analyst activity on September 05, 2024, when Barclays initiated its Overweight rating and assigned the stock a price target of $109. Previously, Keefe Bruyette downgraded its rating to Mkt Perform on May 14, 2024. On February 28, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $68 on the stock. Jefferies downgraded its rating to a Hold but stick to its price target of $55 on January 02, 2024. Jefferies initiated its recommendation with a Buy and recommended $52 as its price target on January 26, 2022. Morgan Stanley downgraded its rating to Equal-Weight for this stock on December 07, 2021, but kept the price target unchanged to $38. In a note dated December 03, 2021, Goldman initiated an Neutral rating and provided a target price of $40 on this stock.

The stock price of Jackson Financial Inc [JXN] has been fluctuating between $38.69 and $104.05 over the past year. Currently, Wall Street analysts expect the stock to reach $92.67 within the next 12 months. Jackson Financial Inc [NYSE: JXN] shares were valued at $113.74 at the most recent close of the market. An investor can expect a potential drop of -18.52% based on the average JXN price forecast.

Analyzing the JXN fundamentals

The Jackson Financial Inc [NYSE:JXN] reported sales of 4.41B for trailing twelve months, representing a surge of 204.15%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.5%, Pretax Profit Margin comes in at 0.62%, and Net Profit Margin reading is 0.52%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.23 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.2.

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 109.94 points at the first support level, and at 106.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 116.31, and for the 2nd resistance point, it is at 118.89.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 1.94, the price to book ratio is 0.90 and price to earnings (TTM) ratio is 4.17.

Transactions by insiders

Recent insider trading involved Chelko Carrie, EVP and General Counsel, that happened on Sep 19 ’24 when 5500.0 shares were sold. President and CEO, JNLD, Romine Scott completed a deal on Aug 13 ’24 to sell 10000.0 shares. Meanwhile, Director Noles Russell G bought 700.0 shares on Aug 13 ’24.

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