Barclays Lowers Janus Henderson Sustainable & Impact Core Bond ETF (NASDAQ:JACK) Price Target to $17.00

Janus Henderson Sustainable & Impact Core Bond ETF (NASDAQ:JACK) had its price target dropped by Barclays from $19.00 to $17.00 in a research note issued to investors on Wednesday, MarketBeat reports. The brokerage currently has an “equal weight” rating on the restaurant operator’s stock. Barclays‘s price target would suggest a potential downside of 7.46% from the company’s previous close.

Several other analysts also recently weighed in on the company. Bank of America began coverage on Janus Henderson Sustainable & Impact Core Bond ETF in a research note on Monday, October 13th. They issued a “buy” rating and a $22.00 price target on the stock. Truist Financial cut their price target on Janus Henderson Sustainable & Impact Core Bond ETF from $22.00 to $19.00 and set a “hold” rating on the stock in a research note on Thursday, August 7th. UBS Group cut their price target on Janus Henderson Sustainable & Impact Core Bond ETF from $27.00 to $22.00 and set a “neutral” rating on the stock in a research note on Monday, August 4th. Weiss Ratings restated a “sell (e+)” rating on shares of Janus Henderson Sustainable & Impact Core Bond ETF in a research note on Wednesday, October 8th. Finally, Zacks Research upgraded Janus Henderson Sustainable & Impact Core Bond ETF from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 7th. Five investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Janus Henderson Sustainable & Impact Core Bond ETF presently has an average rating of “Hold” and a consensus price target of $29.74.

Janus Henderson Sustainable & Impact Core Bond ETF Trading Up 0.7%

JACK opened at $18.37 on Wednesday. The company has a market cap of $346.83 million, a P/E ratio of -5.32 and a beta of 1.19. The business’s 50-day moving average price is $18.91 and its 200-day moving average price is $20.72. Janus Henderson Sustainable & Impact Core Bond ETF has a 12 month low of $16.53 and a 12 month high of $54.42.

Janus Henderson Sustainable & Impact Core Bond ETF (NASDAQ:JACK) last announced its quarterly earnings results on Wednesday, August 6th. The restaurant operator reported $1.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.16 by ($0.14). Janus Henderson Sustainable & Impact Core Bond ETF had a negative net margin of 4.34% and a negative return on equity of 11.31%. The business had revenue of $332.99 million for the quarter, compared to analysts’ expectations of $340.65 million. During the same quarter in the prior year, the firm earned $1.65 EPS. The firm’s revenue for the quarter was down 9.8% on a year-over-year basis. Equities research analysts forecast that Janus Henderson Sustainable & Impact Core Bond ETF will post 5.33 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Janus Henderson Sustainable & Impact Core Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of JACK. SG Americas Securities LLC purchased a new stake in shares of Janus Henderson Sustainable & Impact Core Bond ETF in the 3rd quarter worth $111,000. Farther Finance Advisors LLC purchased a new stake in Janus Henderson Sustainable & Impact Core Bond ETF in the 3rd quarter worth $65,000. GAMMA Investing LLC increased its stake in Janus Henderson Sustainable & Impact Core Bond ETF by 165.5% in the 3rd quarter. GAMMA Investing LLC now owns 1,341 shares of the restaurant operator’s stock worth $27,000 after buying an additional 836 shares in the last quarter. Inspire Investing LLC increased its stake in Janus Henderson Sustainable & Impact Core Bond ETF by 33.9% in the 1st quarter. Inspire Investing LLC now owns 14,313 shares of the restaurant operator’s stock worth $389,000 after buying an additional 3,625 shares in the last quarter. Finally, Bayforest Capital Ltd purchased a new stake in Janus Henderson Sustainable & Impact Core Bond ETF in the 1st quarter worth $618,000. 99.79% of the stock is owned by institutional investors.

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.