Jackson Financial Inc (NYSE: JXN) on Friday, soared 3.02% from the previous trading day, before settling in for the closing price of $98.89. Within the past 52 weeks, JXN’s price has moved between $45.57 and $115.22.
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A company in the Financial sector has jumped its sales by 8.68% annually for the last half of the decade. The company achieved an average annual earnings per share of 48.33%. With a float of $72.54 million, this company’s outstanding shares have now reached $78.66 million.
In an organization with 3840 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -9.79%, operating margin of -49.23%, and the pretax margin is -51.63%.
Jackson Financial Inc (JXN) Insider Updates
Observing investor behavior towards Insurance – Life industry stocks is more important than anything else. The insider ownership of Jackson Financial Inc is 1.79%, while institutional ownership is 92.57%. The most recent insider transaction that took place on Nov 12 ’24, was worth 1,110,600. In this transaction EVP & Chief Operating Officer of this company sold 10,000 shares at a rate of $111.06, taking the stock ownership to the 83,761 shares. Before that another transaction happened on Sep 19 ’24, when Company’s EVP and General Counsel sold 5,500 for $91.31, making the entire transaction worth $502,205. This insider now owns 61,829 shares in total.
Jackson Financial Inc (JXN) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 2.53 earnings per share (EPS) for the period falling under the consensus outlook (set at 3.46) by -0.94. Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 48.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 23.20% 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 1.98. Likewise, its price to free cash flow for the trailing twelve months is 1.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -12.45, a number that is poised to hit 4.81 in the next quarter and is forecasted to reach 20.82 in one year’s time.
Technical Analysis of Jackson Financial Inc (JXN)
Let’s dig in a bit further. During the last 5-days, its volume was 0.6 million. That was inferior than the volume of 0.73 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 14.45%. Additionally, its Average True Range was 3.82.
During the past 100 days, Jackson Financial Inc’s (JXN) raw stochastic average was set at 72.60%, which indicates a significant increase from 26.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 69.66% in the past 14 days, which was higher than the 49.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $98.02, while its 200-day Moving Average is $78.61. However, in the short run, Jackson Financial Inc’s stock first resistance to watch stands at $103.04. Second resistance stands at $104.19. The third major resistance level sits at $106.31. If the price goes on to break the first support level at $99.77, it is likely to go to the next support level at $97.65. Assuming the price breaks the second support level, the third support level stands at $96.50.
Jackson Financial Inc (NYSE: JXN) Key Stats
Market capitalization of the company is 7.75 billion based on 73,862K outstanding shares. Right now, sales total 3,159 M and income totals 934,000 K. The company made 2,121 M in profit during its latest quarter, and -469,000 K in sales during its previous quarter.
