Janus Henderson Sustainable & Impact Core Bond ETF (NASDAQ:JACK) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Janus Henderson Sustainable & Impact Core Bond ETF (NASDAQ:JACK) have been given a consensus rating of “Hold” by the eighteen brokerages that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $32.7895.

Several brokerages have weighed in on JACK. Morgan Stanley set a $25.00 price objective on Janus Henderson Sustainable & Impact Core Bond ETF and gave the stock an “equal weight” rating in a research note on Monday, July 14th. TD Cowen cut their target price on Janus Henderson Sustainable & Impact Core Bond ETF from $25.00 to $21.00 and set a “hold” rating on the stock in a research report on Thursday, August 7th. Oppenheimer lowered their price target on Janus Henderson Sustainable & Impact Core Bond ETF from $44.00 to $28.00 and set an “outperform” rating for the company in a research report on Thursday, August 7th. Stifel Nicolaus cut shares of Janus Henderson Sustainable & Impact Core Bond ETF from a “buy” rating to a “hold” rating and cut their price objective for the company from $32.00 to $20.00 in a research report on Friday, June 20th. Finally, Truist Financial lowered their target price on shares of Janus Henderson Sustainable & Impact Core Bond ETF from $22.00 to $19.00 and set a “hold” rating for the company in a report on Thursday, August 7th.

Janus Henderson Sustainable & Impact Core Bond ETF Stock Performance

JACK stock opened at $18.73 on Thursday. The firm has a fifty day moving average price of $19.90 and a 200 day moving average price of $22.89. Janus Henderson Sustainable & Impact Core Bond ETF has a fifty-two week low of $16.53 and a fifty-two week high of $54.42. The firm has a market cap of $353.62 million, a PE ratio of -5.43 and a beta of 1.17.

Janus Henderson Sustainable & Impact Core Bond ETF (NASDAQ:JACK) last released its quarterly earnings data on Wednesday, August 6th. The restaurant operator reported $1.02 EPS for the quarter, missing the consensus estimate of $1.16 by ($0.14). The business had revenue of $332.99 million for the quarter, compared to the consensus estimate of $340.65 million. Janus Henderson Sustainable & Impact Core Bond ETF had a negative net margin of 4.34% and a negative return on equity of 11.31%. Janus Henderson Sustainable & Impact Core Bond ETF’s revenue for the quarter was down 9.8% compared to the same quarter last year. During the same quarter last year, the business earned $1.65 EPS. On average, equities analysts predict that Janus Henderson Sustainable & Impact Core Bond ETF will post 5.33 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in JACK. Callodine Capital Management LP grew its stake in Janus Henderson Sustainable & Impact Core Bond ETF by 121.3% in the 1st quarter. Callodine Capital Management LP now owns 675,667 shares of the restaurant operator’s stock worth $18,371,000 after acquiring an additional 370,290 shares in the last quarter. IPG Investment Advisors LLC boosted its holdings in shares of Janus Henderson Sustainable & Impact Core Bond ETF by 54.8% in the first quarter. IPG Investment Advisors LLC now owns 681,935 shares of the restaurant operator’s stock valued at $18,840,000 after purchasing an additional 241,316 shares during the period. Invenomic Capital Management LP grew its stake in Janus Henderson Sustainable & Impact Core Bond ETF by 43.5% in the first quarter. Invenomic Capital Management LP now owns 511,954 shares of the restaurant operator’s stock worth $13,920,000 after purchasing an additional 155,197 shares in the last quarter. LSV Asset Management increased its holdings in Janus Henderson Sustainable & Impact Core Bond ETF by 12.0% during the 1st quarter. LSV Asset Management now owns 998,197 shares of the restaurant operator’s stock worth $27,141,000 after purchasing an additional 106,993 shares during the period. Finally, Woodline Partners LP purchased a new position in Janus Henderson Sustainable & Impact Core Bond ETF during the 4th quarter worth $4,249,000. Hedge funds and other institutional investors own 99.79% of the company’s stock.

About Janus Henderson Sustainable & Impact Core Bond ETF

Jack in the Box Inc operates and franchises Jack in the Box and Del Taco quick-service restaurants in the United States. The company was founded in 1951 and is headquartered in San Diego, California.