Just Energy Group Inc (NYSE:JE) (TSE:JE) – Equities researchers at B. Riley decreased their Q4 2019 earnings per share (EPS) estimates for Just Energy Group in a report released on Friday, February 8th. B. Riley analyst C. Driscoll now anticipates that the utilities provider will earn $0.12 per share for the quarter, down from their previous estimate of $0.13. B. Riley currently has a “Buy” rating and a $6.00 target price on the stock. B. Riley also issued estimates for Just Energy Group’s Q1 2020 earnings at $0.01 EPS.

JE has been the subject of several other reports. Royal Bank of Canada downgraded Just Energy Group from an “outperform” rating to a “sector perform” rating in a report on Wednesday, December 12th. Canaccord Genuity raised Just Energy Group from a “hold” rating to a “buy” rating in a report on Tuesday, November 13th. ValuEngine raised Just Energy Group from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Zacks Investment Research raised Just Energy Group from a “sell” rating to a “hold” rating in a report on Thursday, November 15th. Finally, HC Wainwright set a $7.00 price target on Just Energy Group and gave the stock a “buy” rating in a report on Friday, November 9th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Just Energy Group presently has a consensus rating of “Hold” and an average target price of $5.47.

Shares of NYSE JE opened at $3.51 on Monday. The company has a debt-to-equity ratio of 3.88, a current ratio of 1.27 and a quick ratio of 1.22. Just Energy Group has a 1-year low of $2.80 and a 1-year high of $5.09. The firm has a market cap of $524.79 million, a P/E ratio of 2.97 and a beta of 0.60.

A number of large investors have recently added to or reduced their stakes in JE. Bank of Montreal Can raised its position in Just Energy Group by 54.2% in the third quarter. Bank of Montreal Can now owns 3,611,145 shares of the utilities provider’s stock worth $11,194,000 after acquiring an additional 1,268,787 shares in the last quarter. Toronto Dominion Bank raised its position in Just Energy Group by 20.3% in the third quarter. Toronto Dominion Bank now owns 683,372 shares of the utilities provider’s stock worth $2,121,000 after acquiring an additional 115,402 shares in the last quarter. CIBC World Markets Inc. raised its position in Just Energy Group by 8.4% in the third quarter. CIBC World Markets Inc. now owns 206,694 shares of the utilities provider’s stock worth $641,000 after acquiring an additional 16,030 shares in the last quarter. Allianz Asset Management GmbH raised its position in Just Energy Group by 39,883.7% in the third quarter. Allianz Asset Management GmbH now owns 4,664,101 shares of the utilities provider’s stock worth $202,000 after acquiring an additional 4,652,436 shares in the last quarter. Finally, Man Group plc raised its position in Just Energy Group by 4.2% in the third quarter. Man Group plc now owns 935,053 shares of the utilities provider’s stock worth $2,901,000 after acquiring an additional 37,600 shares in the last quarter. Hedge funds and other institutional investors own 26.52% of the company’s stock.

Just Energy Group Company Profile

Just Energy Group Inc, through its subsidiaries, provides electricity, natural gas, and renewable energy solutions in the United States, Canada, the United Kingdom, Ireland, Germany, and Japan. It operates through Consumer Energy and Commercial Energy segments. The company offers various home and business energy solutions, including long-term fixed-price, variable-price, and flat-bill solutions to residential and commercial customers.

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Earnings History and Estimates for Just Energy Group (NYSE:JE)

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