Janus Henderson Group plc (JHG) to Post FY2017 Earnings of $2.35 Per Share, Jefferies Group Forecasts
Janus Henderson Group plc (NYSE:JHG) – Jefferies Group raised their FY2017 earnings per share estimates for Janus Henderson Group in a report released on Wednesday. Jefferies Group analyst D. Fannon now expects that the company will post earnings of $2.35 per share for the year, up from their prior estimate of $2.34. Jefferies Group has a “Hold” rating and a $36.00 price objective on the stock.
Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, November 9th. The company reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.04). The firm had revenue of $454.60 million for the quarter, compared to analysts’ expectations of $524.44 million. Janus Henderson Group had a net margin of 14.18% and a return on equity of 10.75%. The firm’s revenue was up 8.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.52 EPS.
Several other research firms have also issued reports on JHG. ValuEngine raised Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Friday, October 27th. Deutsche Bank assumed coverage on Janus Henderson Group in a report on Tuesday, October 17th. They set a “hold” rating and a $36.00 price target for the company. Citigroup raised Janus Henderson Group from a “neutral” rating to a “buy” rating and set a $39.00 price target for the company in a report on Thursday, November 9th. Zacks Investment Research raised Janus Henderson Group from a “hold” rating to a “strong-buy” rating and set a $39.00 price target for the company in a report on Wednesday, September 27th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $37.00 price target on shares of Janus Henderson Group in a report on Thursday, October 12th. Eight research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Janus Henderson Group currently has a consensus rating of “Hold” and an average target price of $36.75.
Shares of Janus Henderson Group (NYSE JHG) opened at $40.54 on Friday. The company has a market capitalization of $8,022.26, a price-to-earnings ratio of 27.20, a P/E/G ratio of 1.11 and a beta of 1.48. The company has a current ratio of 2.17, a quick ratio of 1.48 and a debt-to-equity ratio of 0.09. Janus Henderson Group has a 1 year low of $23.90 and a 1 year high of $40.74.
A number of large investors have recently added to or reduced their stakes in the business. CHURCHILL MANAGEMENT Corp bought a new stake in Janus Henderson Group during the fourth quarter valued at about $2,902,000. Athos Capital Ltd bought a new position in shares of Janus Henderson Group in the third quarter worth about $6,176,000. Shelton Capital Management bought a new position in shares of Janus Henderson Group in the third quarter worth about $462,000. Susquehanna International Group LLP bought a new position in shares of Janus Henderson Group in the third quarter worth about $215,000. Finally, GSA Capital Partners LLP bought a new position in shares of Janus Henderson Group in the third quarter worth about $216,000. 46.77% of the stock is owned by institutional investors and hedge funds.
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About Janus Henderson Group
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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