What’s Ahead for Janus Henderson Group plc (JHG) After Forming H&S Pattern?

May 21, 2018 - By Kurt Siggers

The stock of Janus Henderson Group plc (JHG) formed H&S with $31.46 target or 3.00 % below today’s $32.43 share price. The 9 months Head & Shoulders indicates high risk for the $6.33B company. It was reported on May, 21 by Faxor.com. If the $31.46 price target is reached, the company will be worth $189.81M less.
Head-and-shoulders are one of the best chart patterns to trade. They work in bear and bull markets and according to many researchers have very low failure rate. Even thought they have high pullback rate, such patters usually provide good risk-reward entry opportunities. The percentage of stocks meeting price targets is 55%.

The stock decreased 0.95% or $0.31 during the last trading session, reaching $32.43. About 613,158 shares traded. Janus Henderson Group plc (NYSE:JHG) has 0.00% since May 21, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts await Janus Henderson Group plc (NYSE:JHG) to report earnings on August, 14. They expect $0.76 earnings per share, up 11.76 % or $0.08 from last year’s $0.68 per share. JHG’s profit will be $148.27 million for 10.67 P/E if the $0.76 EPS becomes a reality. After $0.71 actual earnings per share reported by Janus Henderson Group plc for the previous quarter, Wall Street now forecasts 7.04 % EPS growth.

More news for Janus Henderson Group plc (NYSE:JHG) were recently published by: Seekingalpha.com, which released: “Janus Henderson Group’s (JHG) CEO Andrew Formica on Q1 2018 Results – Earnings Call Transcript” on May 13, 2018. Businesswire.com‘s article titled: “Janus Henderson Group plc reports first quarter 2018 diluted EPS of US$0.82, or US$0.71 on an adjusted basis” and published on May 09, 2018 is yet another important article.

Janus Henderson Group plc is an asset management holding entity. The company has market cap of $6.33 billion. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It has a 8.25 P/E ratio. It manages separate client-focused equity and fixed income portfolios.

Janus Henderson Group plc (NYSE:JHG) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.