Press coverage about Janus Capital Group (NYSE:JHG) has been trending positive this week, according to Accern Sentiment. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Janus Capital Group earned a coverage optimism score of 0.39 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 44.9492425796749 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Several brokerages recently issued reports on JHG. ValuEngine cut shares of Janus Capital Group from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Wells Fargo & Company initiated coverage on shares of Janus Capital Group in a report on Monday, September 25th. They issued a “market perform” rating and a $36.00 target price on the stock. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $36.00 target price on shares of Janus Capital Group in a report on Friday, July 14th. Zacks Investment Research upgraded shares of Janus Capital Group from a “hold” rating to a “strong-buy” rating and set a $39.00 target price on the stock in a report on Friday, August 4th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $35.00 target price on shares of Janus Capital Group in a report on Tuesday, September 26th. Ten research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $35.75.
Shares of Janus Capital Group (JHG) opened at 34.52 on Friday. Janus Capital Group has a 52 week low of $30.24 and a 52 week high of $36.25. The company’s 50-day moving average is $34.42 and its 200 day moving average is $33.89. The stock has a market capitalization of $6.78 billion, a P/E ratio of 32.29 and a beta of 1.52.
Janus Capital Group (NYSE:JHG) last released its quarterly earnings data on Tuesday, August 8th. The company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.13. Janus Capital Group had a return on equity of 10.90% and a net margin of 12.41%. The firm had revenue of $384.80 million during the quarter, compared to analyst estimates of $394.97 million. During the same period in the prior year, the company posted $0.21 earnings per share. The business’s revenue for the quarter was up 49.7% compared to the same quarter last year. On average, equities analysts forecast that Janus Capital Group will post $2.40 EPS for the current fiscal year.
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Janus Capital Group Company Profile
Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.
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