Jackson Financial Inc (NYSE: JXN)’s stock price has dropped by -7.13 in relation to previous closing price of 108.20. Nevertheless, the company has seen a loss of -9.46% in its stock price over the last five trading days. zacks.com reported 2024-11-13 that Does Jackson Financial (JXN) have what it takes to be a top stock pick for momentum investors? Let’s find out.
Is It Worth Investing in Jackson Financial Inc (NYSE: JXN) Right Now?
The 36-month beta value for JXN is also noteworthy at 1.48. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
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The public float for JXN is 72.52M, and at present, short sellers hold a 4.17% of that float. The average trading volume of JXN on November 15, 2024 was 660.28K shares.
JXN’s Market Performance
JXN’s stock has seen a -9.46% decrease for the week, with a 0.51% rise in the past month and a 12.13% gain in the past quarter. The volatility ratio for the week is 5.33%, and the volatility levels for the past 30 days are at 3.58% for Jackson Financial Inc The simple moving average for the last 20 days is -2.35% for JXN’s stock, with a simple moving average of 30.32% for the last 200 days.
Analysts’ Opinion of JXN
Barclays, on the other hand, stated in their research note that they expect to see JXN reach a price target of $109. The rating they have provided for JXN stocks is “Overweight” according to the report published on September 05th, 2024.
JXN Trading at 4.96% 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 -12.78% of loss for the given period.
Volatility was left at 3.58%, however, over the last 30 days, the volatility rate increased by 5.33%, as shares surge +0.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.42% upper at present.
During the last 5 trading sessions, JXN fell by -9.46%, which changed the moving average for the period of 200-days by +100.70% in comparison to the 20-day moving average, which settled at $102.91. In addition, Jackson Financial Inc saw 96.27% 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 Ganguly Devkumar Dilip, who sale 10,000 shares at the price of $111.06 back on Nov 12 ’24. After this action, Ganguly Devkumar Dilip now owns 83,761 shares of Jackson Financial Inc, valued at $1,110,600 using the latest closing price.
Chelko Carrie, the EVP and General Counsel of Jackson Financial Inc, sale 5,500 shares at $91.31 during a trade that took place back on Sep 19 ’24, which means that Chelko Carrie is holding 61,829 shares at $502,205 based on the most recent closing price.
Stock Fundamentals for JXN
Current profitability levels for the company are sitting at:
- -0.27 for the present operating margin
- -0.1 for the gross margin
The net margin for Jackson Financial Inc stands at -0.38. The total capital return value is set at -0.0. Equity return is now at value -9.50, with -0.31 for asset returns.
Based on Jackson Financial Inc (JXN), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at 0.8. The debt to equity ratio resting at 0.19. The interest coverage ratio of the stock is -6.23.
When we switch over and look at the enterprise to sales, we see a ratio of 2.51.
Conclusion
In summary, Jackson Financial Inc (JXN) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.
