Just Energy Group Inc. (NYSE: JE) is -76.82% lower on its value in year-to-date trading and has touched a low of $0.28 and a high of $2.84 in the current 52-week trading range. The JE stock was last observed hovering at around $0.31 in the last trading session, with the day’s gains setting it 0.08% off its average median price target of $0.30 for the next 12 months. It is also -2.63% off the consensus price target high of $0.38 offered by 2 analysts, but current levels are -77.27% lower than the price target low of $0.22 for the same period.
Currently trading at $0.39, the stock is 17.76% and -5.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 164.66 million and changing 26.22% at the moment leaves the stock -58.19% off its SMA200. JE registered -65.53% loss for a year compared to 6-month loss of -61.05%. The firm has a 50-day simple moving average (SMA 50) of $3.61% and a 200-day simple moving average (SMA200) of $3.62M.
The stock witnessed a 5.24% gain in the last 1 month and extending the period to 3 months gives it a -2.60%, and is 34.31% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 18.45% over the week and 8.64% over the month.
Current P/E ratio is 0.22 and Fwd P/E is 0.75. Distance from 52-week low is 38.12% and -86.29% from its 52-week high.
Just Energy Group Inc. (JE) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Just Energy Group Inc. (JE) is a “Underweight”. 2 analysts offering their recommendations for the stock have an average rating of 1.70, where 1 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Just Energy Group Inc. is expected to release its quarterly report on 11/04/2020 and quarterly earnings per share for the current quarter are estimated at $0.15 with sales reaching $873.77M over the same period.The EPS is expected to shrink by -41.10% this year, but quarterly earnings will post -1.10% year-over-year. Quarterly sales are estimated to grow 17.20% in year-over-year returns.
Just Energy Group Inc. (JE) Top Institutional Holders
86 institutions hold shares in Just Energy Group Inc. (JE), with 65.17M shares held by insiders accounting for 42.98% while institutional investors hold 39.53% of the company’s shares. The shares outstanding are 151.64M, and float is at 107.64M with Short Float at 4.45%. Institutions hold 22.54% of the Float.
The top institutional shareholder in the company is Allianz Asset Management GmbH with over 4.66 million shares valued at $2.4 million. The investor’s holdings represent 3.08% of the JE Shares outstanding. As of Jun 29, 2020, the second largest holder is TD Asset Management, Inc with 4.27 million shares valued at $2.2 million to account for 2.82% of the shares outstanding. The other top investors are Connor Clark & Lunn Investment Management Ltd which holds 4.11 million shares representing 2.71% and valued at over $2.11 million, while Ardsley Advisory Partners holds 1.74% of the shares totaling 2.63 million with a market value of $1.35 million.
Just Energy Group Inc. (JE): Who are the competitors?
The company’s main competitors (and peers) include Avista Corporation (AVA) that is -20.93% lower over the past 12 months. Entergy Corporation (ETR) is -12.44% down on the 1-year trading charts.