While Jackson Financial Inc has overperformed by 0.18%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, JXN rose by 37.37%, with highs and lows ranging from $115.22 to $62.17, whereas the simple moving average fell by -4.74% in the last 200 days.
On November 14, 2024, Evercore ISI Downgraded Jackson Financial Inc (NYSE: JXN) to Underperform. A report published by Barclays on September 05, 2024, Initiated its previous ‘Overweight’ rating for JXN. Keefe Bruyette February 28, 2024d the rating to Outperform on February 28, 2024, and set its price target from $49 to $68. Jefferies January 02, 2024d its ‘Buy’ rating to ‘Hold’ for JXN, as published in its report on January 02, 2024. Jefferies’s report from January 26, 2022 suggests a price prediction of $52 for JXN shares, giving the stock a ‘Buy’ rating. Morgan Stanley also rated the stock as ‘Equal-Weight’.
Analysis of Jackson Financial Inc (JXN)
It’s important to note that JXN shareholders are currently getting $2.90 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter decrease in sales is -74.78%, showing a negative trend in the upcoming months.
Jackson Financial Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 9.49% is sufficient for you to turn a profit off your investment.
For any stock, average volume can be an extremely valuable indicator of volatility, and JXN is registering an average volume of 716.31K. On a monthly basis, the volatility of the stock is set at 5.14%, whereas on a weekly basis, it is put at 3.78%, with a gain of 6.21% over the past seven days. Furthermore, long-term investors anticipate a median target price of $100.20, showing growth from the present price of $84.29, which can serve as yet another indication of whether JXN is worth investing in or should be passed over.
How Do You Analyze Jackson Financial Inc Shares?
A giant in the Insurance – Life market, Jackson Financial Inc (JXN) is based in the USA. When comparing Jackson Financial Inc shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 7.37, there is a growth in quarterly earnings of 122.86%.
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.05%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 95.52% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
JXN shares are owned by institutional investors to the tune of 95.52% at present.