Could Janus Henderson Group plc (JHG) See a Reversal After Having Formed Several Months Double Bottom

May 17, 2018 - By Ann Prendergast

The chart of Janus Henderson Group plc (JHG) shows a double bottom with $30.93 target or 7.00 % below today’s $33.26 share price. The 9 months chart pattern indicates high risk for the $6.53 billion company. It was reported on May, 17 by Finviz.com. If the $30.93 price target is reached, the company will be worth $456.96 million less. Double bottoms are rare but powerful chart patterns.

The stock increased 0.18% or $0.06 during the last trading session, reaching $33.26. About 244,693 shares traded. Janus Henderson Group plc (NYSE:JHG) has 0.00% since May 17, 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 $149.17 million for 10.94 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 recent Janus Henderson Group plc (NYSE:JHG) news were 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. Also Streetinsider.com published the news titled: “Citi Upgrades Janus Henderson Group (JHG) to Buy” on April 20, 2018. Businesswire.com‘s news article titled: “Janus Henderson Group plc reports first quarter 2018 diluted EPS of US$0.82, or US$0.71 on an adjusted basis” with publication date: May 09, 2018 was also an interesting one.

Janus Henderson Group plc is an asset management holding entity. The company has market cap of $6.53 billion. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It has a 8.46 P/E ratio. It manages separate client-focused equity and fixed income portfolios.

Janus Henderson Group plc (NYSE:JHG) Ratings Chart

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