Jackson Financial Inc (JXN) vs. Its Peers: A Comparison

Jackson Financial Inc (NYSE: JXN) has a price-to-earnings ratio of 6.57x that is above its average ratio. Additionally, the 36-month beta value for JXN is 1.58. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

The public float for JXN is 75.02M and currently, short sellers hold a 5.62% ratio of that float. The average trading volume of JXN on April 19, 2024 was 883.16K shares.

JXN) stock’s latest price update

The stock price of Jackson Financial Inc (NYSE: JXN) has jumped by 1.31 compared to previous close of 63.56. Despite this, the company has seen a fall of -1.50% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-12 that We have narrowed our search to five mid-caps that have strong potential for 2024. These are ALSN, SM, JXN, PRI and LANC.

JXN’s Market Performance

Jackson Financial Inc (JXN) has seen a -1.50% fall in stock performance for the week, with a 3.64% gain in the past month and a 30.45% surge in the past quarter. The volatility ratio for the week is 2.81%, and the volatility levels for the past 30 days are at 2.67% for JXN.. The simple moving average for the past 20 days is -1.43% for JXN’s stock, with a 40.97% simple moving average for the past 200 days.

Analysts’ Opinion of JXN

Many brokerage firms have already submitted their reports for JXN stocks, with Keefe Bruyette repeating the rating for JXN by listing it as a “Outperform.” The predicted price for JXN in the upcoming period, according to Keefe Bruyette is $68 based on the research report published on February 28, 2024 of the current year 2024.

Jefferies, on the other hand, stated in their research note that they expect to see JXN reach a price target of $55. The rating they have provided for JXN stocks is “Hold” according to the report published on January 02nd, 2024.

Jefferies gave a rating of “Buy” to JXN, setting the target price at $52 in the report published on January 26th of the previous year.

JXN Trading at 8.57% from the 50-Day Moving Average

After a stumble in the market that brought JXN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.64% of loss for the given period.

Volatility was left at 2.67%, however, over the last 30 days, the volatility rate increased by 2.81%, as shares sank -1.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.95% upper at present.

During the last 5 trading sessions, JXN fell by -1.50%, which changed the moving average for the period of 200-days by +109.33% in comparison to the 20-day moving average, which settled at $65.26. In addition, Jackson Financial Inc saw 25.76% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at JXN starting from Kirkland Derek G, who purchase 3,500 shares at the price of $55.67 back on Mar 04 ’24. After this action, Kirkland Derek G now owns 37,726 shares of Jackson Financial Inc, valued at $194,845 using the latest closing price.

Romine Scott, the President and CEO, JNLD of Jackson Financial Inc, sale 5,000 shares at $50.97 during a trade that took place back on Dec 14 ’23, which means that Romine Scott is holding 67,429 shares at $254,850 based on the most recent closing price.

Stock Fundamentals for JXN

Current profitability levels for the company are sitting at:

  • 0.3 for the present operating margin
  • 0.2 for the gross margin

The net margin for Jackson Financial Inc stands at 0.29. The total capital return value is set at 0.0. Equity return is now at value 10.05, with 0.32 for asset returns.

Based on Jackson Financial Inc (JXN), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 2.6. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is 5.09.

Currently, EBITDA for the company is 903.0 million with net debt to EBITDA at -0.66. When we switch over and look at the enterprise to sales, we see a ratio of 1.36. The receivables turnover for the company is 0.12for trailing twelve months and the total asset turnover is 0.01.

Conclusion

In conclusion, Jackson Financial Inc (JXN) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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