Analysts At Zacks Expect Just Energy Group, To Report Most Recent Quarter End Revenue of $827.81 Million

Financial experts predict that Just Energy Group, (NYSE:JE) (TSE:JE) to post $827.81 M in sales for the present period, Research Firm Zacks reports. Two brokerage firms have made forecasts for Just Energy Group’s earnings, with estimates between $769.99 M to $885.62 M. Just Energy Group reported sales of $761.30 M in the same period previous year, which would signal a positive year over year growth rate of 8.7%. the company is scheduled to issue its upcoming earnings report on early Wed, Nov 8th.

Many brokerage brokerage firms have quite recently weighed in on JE Stocks. BidaskClub boosted Just Energy Group from a “hold” recommendation to a “buy” recommendation in a analysis note on Tue, Aug 22nd. Zacks reduced Just Energy Group from a “buy” recommendation to a “hold” recommendation in a analysis note on early Thur, Jul 20th. ValuEngine boosted Just Energy Group from a “hold” recommendation to a “buy” recommendation in a analysis note on Tue, Aug 1st. HC Wainwright fixed a $10.00 price objective on Just Energy Group and issued the company a “buy” recommendation in a analysis note on Fri morning, Aug 11th. Lastly, FBR & Co reissued a “buy” recommendation and given a $7.50 target price on the stock of Just Energy Group in a study note published on Wed, Jun 14th. Two brokerage firms recommended the company shares with a hold recommendation and six has issued a buy recommendation to The corporation. the share has a consensus rating of “Buy” and an average price objective of $8.29.

According to Research firm Zacks, experts anticipate that Just Energy Group will announce complete year sales of $827.81 M for the present year, with estimates between $2.87 B to $3.29 B. for the upcoming year, brokerages expect that The corporation will announce sales of $3.18 B for a share, with estimates between $2.85 B to $3.57 B. Zacks’ sales averages are a consensus based on a study of investment banking research analysts that follow Just Energy Group.

Quite a few institutional investors have purchased and unloaded stocks of the shares. TD Asset Management raised its holdings in Just Energy Group by 3.4% through out the 2nd period. TD Asset Management has an ownership of 5,321,834 stocks of the utilities provider’s shares valued $27,865,000 following purchasing an extra 173,500 stocks in the previous period. Acadian Asset Management grew its holdings in stocks of Just Energy Group by 7.1% in the Fiscal Q2. Acadian Asset Management has an ownership of 3,714,007 stocks of the utilities provider’s shares valued at $19,447,000 following acquiring an extra 246,280 stocks in the previous period. Bank of Montreal Can grew its holdings in stocks of Just Energy Group by 5.8% in the Fiscal Q2. Bank of Montreal Can has an ownership of 2,703,926 stocks of the utilities provider’s shares valued at $14,169,000 following acquiring an extra 148,637 stocks in the previous period. Vanguard Group grew its holdings in stocks of Just Energy Group by 2.9% in the Q1. Vanguard Group has an ownership of 2,559,218 stocks of the utilities provider’s shares valued at $16,020,000 following acquiring an extra 72,823 stocks in the previous period. Lastly, Intact Investment Management grew its holdings in stocks of Just Energy Group by 7.1% in the Fiscal Q2. Intact Investment Management has an ownership of 2,363,943 stocks of the utilities provider’s shares valued at $16,050,000 following acquiring an extra 157,100 stocks in the previous period. 29.19% of the shares is presently owned by large funds and investment firms.

Just Energy Group (NYSE JE) declined 0.35% throughout intraday market trading on early Tue, reaching $5.69. 155,842 stocks of the company were exchanged. The corporation has a valuation of $835.25 M, a price to earnings ratio of 14.86 along with a stock beta of 1.05. the company has 50 Day SMA price of $5.72 and a two hundred SMA of $5.64. Just Energy Group has a 1 year low of $4.83 and a 1 year high of $6.35.

Also, the company disclosed a divided for the quarter, to be paid on early Fri, Sep 29th. Traders who own the stock with a record date on Fri, Sep 15th were given a dividend of $0.0999 for a share. The ex-dividend date of this dividend was Thurs, Sep 14th. A raise from Just Energy Group’s prior periodic dividend of $0.09. this indicates a $0.40 annual dividend and a payout of 7.03%. Just Energy Group’s yield is presently 800.00%.

About Just Energy Group

Just Energy Group (Just Energy) is an energy management solutions provider engaged in electricity, natural gas, solar and green energy. the firms segments include Consumer Energy and Commercial Energy. The corporation operates in the United States, Canada and the United Kingdom, offering a range of energy products, including long-term fixed-price, variable rate and flat bill programs; home energy management services, including smart thermostats and tools to manage energy use at the appliance level, and residential solar panel installations.

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