While Jackson Financial Inc has underperformed by -1.44%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, JXN rose by 97.78%, with highs and lows ranging from $70.97 to $26.70, whereas the simple moving average jumped by 49.33% in the last 200 days.
On February 28, 2024, Keefe Bruyette Upgraded Jackson Financial Inc (NYSE: JXN) to Outperform. A report published by Jefferies on January 02, 2024, Downgraded its rating to ‘Hold’ for JXN. Jefferies also rated JXN shares as ‘Buy’, setting a target price of $52 on the company’s shares in an initiating report dated January 26, 2022. Goldman initiated its ‘Neutral’ rating for JXN, as published in its report on December 03, 2021.
Analysis of Jackson Financial Inc (JXN)
It’s important to note that JXN shareholders are currently getting $2.56 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter increase in sales is 334.12%, showing a positive 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 10.05% 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 876.35K. On a monthly basis, the volatility of the stock is set at 2.78%, whereas on a weekly basis, it is put at 3.30%, with a gain of 8.06% over the past seven days. Furthermore, long-term investors anticipate a median target price of $65.50, showing decline from the present price of $69.58, 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 6.96, there is a growth in quarterly earnings of -129.28%.
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 2.09%. 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 92.24% 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 92.24% at present.
