Janus Henderson Group (JHG) Scheduled to Post Quarterly Earnings on Thursday

Janus Henderson Group (NYSE:JHG) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.61 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, February 1st. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.26. The company had revenue of $568.50 million during the quarter, compared to the consensus estimate of $520.26 million. Janus Henderson Group had a net margin of 18.39% and a return on equity of 9.46%. Janus Henderson Group’s revenue was up 10.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.61 earnings per share. On average, analysts expect Janus Henderson Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Janus Henderson Group Price Performance

Shares of JHG opened at $31.22 on Wednesday. The stock has a market cap of $5.03 billion, a PE ratio of 13.17, a price-to-earnings-growth ratio of 1.50 and a beta of 1.52. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.76 and a current ratio of 3.89. Janus Henderson Group has a fifty-two week low of $22.17 and a fifty-two week high of $33.25. The firm’s 50-day simple moving average is $31.75 and its two-hundred day simple moving average is $29.05.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. TD Cowen assumed coverage on shares of Janus Henderson Group in a report on Thursday, January 4th. They issued a “market perform” rating and a $30.00 price objective on the stock. UBS Group upped their price objective on shares of Janus Henderson Group from $28.00 to $30.00 and gave the stock a “sell” rating in a report on Friday, April 12th. JPMorgan Chase & Co. upped their price objective on shares of Janus Henderson Group from $31.00 to $35.00 and gave the stock a “neutral” rating in a report on Tuesday, April 23rd. Morgan Stanley increased their price target on shares of Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a report on Wednesday, April 17th. Finally, The Goldman Sachs Group raised their target price on shares of Janus Henderson Group from $29.00 to $32.00 and gave the stock a “sell” rating in a report on Tuesday, April 2nd. Two analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $28.83.

Insider Activity

In other news, CAO Brennan A. Hughes sold 1,812 shares of the firm’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total transaction of $58,473.24. Following the sale, the chief accounting officer now directly owns 3,535 shares in the company, valued at approximately $114,074.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Janus Henderson Group news, insider Georgina Fogo sold 22,076 shares of Janus Henderson Group stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total value of $682,810.68. Following the sale, the insider now directly owns 101,623 shares in the company, valued at approximately $3,143,199.39. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Brennan A. Hughes sold 1,812 shares of Janus Henderson Group stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total transaction of $58,473.24. Following the completion of the sale, the chief accounting officer now owns 3,535 shares in the company, valued at $114,074.45. The disclosure for this sale can be found here. Insiders have sold 70,133 shares of company stock worth $2,172,459 in the last three months. Company insiders own 20.00% of the company’s stock.

Janus Henderson Group Company Profile

Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.