Zacks: Jason Industries Inc (JASN) Given $4.50 Consensus Price Target by Brokerages
Jason Industries Inc (NASDAQ:JASN) has been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Brokers have set a 12-month consensus price objective of $4.50 for the company and are anticipating that the company will post ($0.04) earnings per share for the current quarter, according to Zacks. Zacks has also given Jason Industries an industry rank of 189 out of 255 based on the ratings given to related companies.
A number of research analysts have weighed in on JASN shares. ValuEngine lowered shares of Jason Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, November 20th. Zacks Investment Research raised shares of Jason Industries from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 2nd.
Jason Industries stock opened at $1.85 on Friday. Jason Industries has a 1-year low of $1.29 and a 1-year high of $3.88. The firm has a market capitalization of $51.14 million, a price-to-earnings ratio of -3.43 and a beta of 1.23.
Jason Industries (NASDAQ:JASN) last released its quarterly earnings data on Tuesday, March 5th. The technology company reported ($0.40) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.23). Jason Industries had a negative net margin of 3.15% and a negative return on equity of 1.05%. On average, equities research analysts anticipate that Jason Industries will post -0.1 EPS for the current fiscal year.
About Jason Industries
Jason Industries is the parent company to a global family of manufacturing leaders within the seating, finishing, components and automotive acoustics markets, including Assembled Products (Buffalo Grove, Ill.), Janesville Acoustics (Southfield, Mich.), Metalex (Libertyville, Ill.), Milsco (Milwaukee, Wis.), Osborn (Richmond, Indiana and Burgwald, Germany) and Sealeze (Richmond, Va.).
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