The stock of JBG SMITH Properties (JBGS) has gone down by -5.00% for the week, with a -11.44% drop in the past month and a -10.08% drop in the past quarter. The volatility ratio for the week is 2.11%, and the volatility levels for the past 30 days are 2.78% for JBGS.. The simple moving average for the past 20 days is -6.68% for JBGS’s stock, with a -5.87% simple moving average for the past 200 days.
Is It Worth Investing in JBG SMITH Properties (NYSE: JBGS) Right Now?
JBGS has 36-month beta value of 1.06. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for JBGS is 91.03M, and currently, short sellers hold a 8.20% ratio of that float. The average trading volume of JBGS on April 19, 2024 was 1.10M shares.
JBGS) stock’s latest price update
The stock of JBG SMITH Properties (NYSE: JBGS) has increased by 0.83 when compared to last closing price of 14.51.Despite this, the company has seen a loss of -5.00% in its stock price over the last five trading days. Seeking Alpha reported 2024-03-07 that Monumental Sports plans to move the Washington Wizards’ and Washington Capitals’ home arena to Alexandria-Potomac Yard, sparking interest in the real estate market. Washington DC has experienced steady population growth and job growth, making it an attractive location for real estate investment. The demand for multifamily housing is in balance, but the demand for office space is diminishing, creating potential investment opportunities in the real estate market.
Analysts’ Opinion of JBGS
Many brokerage firms have already submitted their reports for JBGS stocks, with Evercore ISI repeating the rating for JBGS by listing it as a “Underperform.” The predicted price for JBGS in the upcoming period, according to Evercore ISI is $15 based on the research report published on August 17, 2023 of the previous year 2023.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see JBGS reach a price target of $30, previously predicting the price at $38. The rating they have provided for JBGS stocks is “Market Perform” according to the report published on May 31st, 2022.
Wolfe Research gave a rating of “Peer Perform” to JBGS, setting the target price at $26 in the report published on May 23rd of the previous year.
JBGS Trading at -10.19% from the 50-Day Moving Average
After a stumble in the market that brought JBGS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.48% of loss for the given period.
Volatility was left at 2.78%, however, over the last 30 days, the volatility rate increased by 2.11%, as shares sank -12.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.96% lower at present.
During the last 5 trading sessions, JBGS fell by -5.00%, which changed the moving average for the period of 200-days by -7.29% in comparison to the 20-day moving average, which settled at $15.57. In addition, JBG SMITH Properties saw -13.99% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at JBGS starting from Stewart Robert Alexander, who purchase 30,000 shares at the price of $16.87 back on Mar 01 ’24. After this action, Stewart Robert Alexander now owns 30,000 shares of JBG SMITH Properties, valued at $506,100 using the latest closing price.
Banerjee Madhumita Moina, the Chief Financial Officer of JBG SMITH Properties, sale 16,901 shares at $17.00 during a trade that took place back on Mar 01 ’24, which means that Banerjee Madhumita Moina is holding 0 shares at $287,317 based on the most recent closing price.
Stock Fundamentals for JBGS
Current profitability levels for the company are sitting at:
- -0.21 for the present operating margin
- 0.52 for the gross margin
The net margin for JBG SMITH Properties stands at -0.13. The total capital return value is set at -0.02. Equity return is now at value -3.34, with -1.44 for asset returns.
Based on JBG SMITH Properties (JBGS), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 1.19. The interest coverage ratio of the stock is -1.36.
Currently, EBITDA for the company is 242.58 million with net debt to EBITDA at 10.18. When we switch over and look at the enterprise to sales, we see a ratio of 6.31. The receivables turnover for the company is 2.8for trailing twelve months and the total asset turnover is 0.11.
Conclusion
To put it simply, JBG SMITH Properties (JBGS) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
