Janus Capital Group (JNS) in Focus: Stock Surges 13% - Tale of the Tape
Janus Capital Group, Inc. (JNS) was a big mover last session, as the company saw its shares rise nearly 13% on the day. Shares moved up after the company’s fourth quarter 2014 earnings and revenues beat analysts’ expectations. This led to solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $15.56 to $17.00 in the past one-month time frame.
This financial investment firm witnessed three positive estimate revisions and one negative estimate revision over the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for Janus Capital. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Janus Capital Group carries a Zacks Rank #2 (Buy), while its Earnings ESP is positive.
A better-ranked stock in the same space is Affiliated Managers Group Inc. (AMG), sporting a Zacks Rank #1 (Strong Buy).
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JANUS CAP GRP (JNS): Free Stock Analysis Report
AFFIL MANAGERS (AMG): Free Stock Analysis Report
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