Jackson Financial Inc (NYSE: JXN) on Monday, soared 3.17% from the previous trading day, before settling in for the closing price of $98.25. Within the past 52 weeks, JXN’s price has moved between $36.06 and $101.73.
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During the last 5-year period, the sales growth of Financial Sector giant was 8.68%. The company achieved an average annual earnings per share of 47.87%. With a float of $73.76 million, this company’s outstanding shares have now reached $78.66 million.
Let’s determine the extent of company efficiency that accounts for 3840 employees. In terms of profitability, gross margin is 39.5%, operating margin of 50.24%, and the pretax margin is 61.95%.
Jackson Financial Inc (JXN) Insider Activity
Observing investor behavior towards Insurance – Life industry stocks is more important than anything else. The insider ownership of Jackson Financial Inc is 1.97%, while institutional ownership is 92.28%. The most recent insider transaction that took place on Sep 19 ’24, was worth 502,205. In this transaction EVP and General Counsel of this company sold 5,500 shares at a rate of $91.31, taking the stock ownership to the 61,829 shares. Before that another transaction happened on Aug 13 ’24, when Company’s President and CEO, JNLD sold 10,000 for $82.52, making the entire transaction worth $825,200. This insider now owns 62,592 shares in total.
Jackson Financial Inc (JXN) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 3.8 earnings per share (EPS) for the period topping the consensus outlook (set at 3.52) by 0.28. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.74 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 47.87% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 22.50% during the next five years compared to -12.54% drop over the previous five years of trading.
Jackson Financial Inc (NYSE: JXN) Trading Performance Indicators
Jackson Financial Inc (JXN) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.73. Likewise, its price to free cash flow for the trailing twelve months is 1.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 27.26, a number that is poised to hit 4.67 in the next quarter and is forecasted to reach 19.97 in one year’s time.
Technical Analysis of Jackson Financial Inc (JXN)
Looking closely at Jackson Financial Inc (NYSE: JXN), its last 5-days average volume was 0.48 million, which is a drop from its year-to-date volume of 0.73 million. As of the previous 9 days, the stock’s Stochastic %D was 58.99%. Additionally, its Average True Range was 2.67.
During the past 100 days, Jackson Financial Inc’s (JXN) raw stochastic average was set at 97.54%, which indicates a significant increase from 85.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.85% in the past 14 days, which was lower than the 43.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $90.77, while its 200-day Moving Average is $73.52. However, in the short run, Jackson Financial Inc’s stock first resistance to watch stands at $102.88. Second resistance stands at $104.40. The third major resistance level sits at $106.56. If the price goes on to break the first support level at $99.20, it is likely to go to the next support level at $97.04. Should the price break the second support level, the third support level stands at $95.52.
Jackson Financial Inc (NYSE: JXN) Key Stats
Market capitalization of the company is 7.63 billion based on 76,264K outstanding shares. Right now, sales total 3,159 M and income totals 934,000 K. The company made 1,247 M in profit during its latest quarter, and 275,000 K in sales during its previous quarter.
