Brokerages Expect Jianpu Technology Inc (JT) to Announce ($0.03) EPS
Jianpu Technology Inc (NYSE:JT) has received an average broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Analysts have set a 1-year consensus price objective of $8.50 for the company and are anticipating that the company will post ($0.03) EPS for the current quarter, according to Zacks. Zacks has also assigned Jianpu Technology an industry rank of 213 out of 265 based on the ratings given to related companies.
Several equities analysts have recently issued reports on JT shares. Morgan Stanley started coverage on Jianpu Technology in a research note on Thursday, December 14th. They issued an “equal weight” rating and a $8.50 price objective for the company. Goldman Sachs Group started coverage on Jianpu Technology in a research note on Wednesday, December 13th. They issued a “buy” rating and a $10.00 price objective for the company. Zacks Investment Research cut Jianpu Technology from a “hold” rating to a “sell” rating in a research note on Friday, March 9th. Finally, JPMorgan Chase & Co. started coverage on Jianpu Technology in a research note on Wednesday, December 20th. They issued a “neutral” rating and a $8.00 price objective for the company.
Shares of Jianpu Technology (JT) traded up $0.04 during trading hours on Friday, hitting $6.28. The company had a trading volume of 23,743 shares, compared to its average volume of 350,154. Jianpu Technology has a 1 year low of $4.75 and a 1 year high of $9.49.
Jianpu Technology (NYSE:JT) last announced its earnings results on Monday, March 5th. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.13). The company had revenue of $89.86 million during the quarter. analysts predict that Jianpu Technology will post -0.06 earnings per share for the current fiscal year.
About Jianpu Technology
Jianpu Technology Inc provides an open platform for discovery and recommendation of financial products in China. The Company, through its technology, provides users with personalized search results and recommendations that are tailored to each user’s particular financial needs and credit profile. Financial service providers offer a wide variety of financial products on our platform, including consumer and other loans, credit cards, and wealth management products.
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