Jackson Financial Inc. (NYSE: JXN) is -9.78% lower on its value in year-to-date trading and has touched a low of $23.56 and a high of $47.76 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JXN stock was last observed hovering at around $38.01 in the last trading session, with the day’s loss setting it -0.27%.
Currently trading at $37.74, the stock is 5.31% and 14.32% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.39 million and changing -0.71% at the moment leaves the stock 8.48% off its SMA200. JXN registered 12.19% gain for a year compared to 6-month gain of 13.10%.
The stock witnessed a 4.83% loss in the last 1 month and extending the period to 3 months gives it a 11.59%, and is 2.61% 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 2.36% over the week and 4.08% over the month.
Jackson Financial Inc. (JXN) has around 2800 employees, a market worth around $3.09B and $16.34B in sales. Current P/E ratio is 0.48 and Fwd P/E is 2.20. Profit margin for the company is 42.80%. Distance from 52-week low is 60.19% and -20.98% from its 52-week high. The company has generated returns on investments over the last 12 months (25.80%).
Jackson Financial Inc. (JXN) Analyst Forecasts
Jackson Financial Inc. is expected to release its quarterly report on 03/01/2023.The EPS is expected to grow by 294.90% this year
Jackson Financial Inc. (JXN) Top Institutional Holders
The shares outstanding are 85.10M, and float is at 72.96M with Short Float at 6.92%.
Jackson Financial Inc. (JXN) Insider Activity
A total of 178 insider transactions have happened at Jackson Financial Inc. (JXN) in the last six months, with sales accounting for 28 and purchases happening 150 times. The most recent transaction is an insider purchase by Noles Russell G, the company’s Director. SEC filings show that Noles Russell G bought 150 shares of the company’s common stock on Aug 17 at a price of $33.43 per share for a total of $5014.0. Following the purchase, the insider now owns 18608.0 shares.
Jackson Financial Inc. disclosed in a document filed with the SEC on Aug 03 that PRUDENTIAL PLC (10% Owner) sold a total of 4,500,000 shares of the company’s common stock. The trade occurred on Aug 03 and was made at $27.00 per share for $121.5 million. Following the transaction, the insider now directly holds 7.64 million shares of the JXN stock.
Still, SEC filings show that on Jun 15, Durant Gregory T (Director) acquired 3,000 shares at an average price of $29.10 for $87300.0. The insider now directly holds 17,179 shares of Jackson Financial Inc. (JXN).