Take off with Jackson Financial Inc (JXN): Get ready for trading

With 0.79 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.62 million shares. The 52-week range on JXN shows that it touched its highest point at $115.22 and its lowest point at $51.59 during that stretch. It currently has a 1-year price target of $99.80. With its current market cap of 6.44 billion, JXN has annualized dividend of $2.80 while the current yield stands at 3.21%. Beta for the stock currently stands at 1.50.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of JXN was down-trending over the past week, with a drop of -6.89%, but this was down by -6.88% over a month. Three-month performance dropped to -11.89% while six-month performance fell -0.03%. The stock gained 67.36% in the past year, while it has gained 0.06% so far this year. A look at the trailing 12-month EPS for JXN yields 11.44 with Next year EPS estimates of 22.91. For the next quarter, that number is 5.07. This implies an EPS growth rate of 12.08% for this year and 8.80% for next year.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for JXN since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $19.41077 being high and $18.62545 being low. For JXN, this leads to a yearly average estimate of $19.01811. Based on analyst estimates, the high estimate for the next quarter is $5.35 and the low estimate is $5.23. The average estimate for the next quarter is thus $5.3.