For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Jackson Financial Inc (NYSE: JXN) closed the day trading at $85.39 down -8.75% from the previous closing price of $93.58. In other words, the price has decreased by -$8.75 from its previous closing price. On the day, 1.25 million shares were traded.
Ratios:
For a better understanding of JXN, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.45.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Evercore ISI on November 14, 2024, Downgraded its rating to Underperform and sets its target price to $95 from $74 previously.
On September 05, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $109.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 11 ’24 when Durant Gregory T bought 1,500 shares for $90.28 per share. The transaction valued at 135,420 led to the insider holds 32,023 shares of the business.
Ganguly Devkumar Dilip sold 10,000 shares of JXN for $1,110,600 on Nov 12 ’24. The EVP & Chief Operating Officer now owns 83,761 shares after completing the transaction at $111.06 per share. On Sep 19 ’24, another insider, Chelko Carrie, who serves as the EVP and General Counsel of the company, sold 5,500 shares for $91.31 each. As a result, the insider received 502,205 and left with 61,829 shares of the company.
Valuation Measures:
As of this moment, Jackson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.46, and their Forward P/E ratio for the next fiscal year is 3.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.93 while its Price-to-Book (P/B) ratio in mrq is 0.68.
Stock Price History:
Over the past 52 weeks, JXN has reached a high of $115.22, while it has fallen to a 52-week low of $48.00. The 50-Day Moving Average of the stock is -6.54%, while the 200-Day Moving Average is calculated to be -2.56%.
Shares Statistics:
A total of 73.38M shares are outstanding, with a floating share count of 72.28M. Insiders hold about 2.15% of the company’s shares, while institutions hold 93.66% stake in the company.
