Somewhat Positive Media Coverage Somewhat Unlikely to Impact Just Energy (JE) Share Price

News headlines about Just Energy (NYSE:JE) (TSE:JE) have been trending somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Just Energy earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave media coverage about the utilities provider an impact score of 45.0439511383827 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Shares of JE stock opened at $4.49 on Friday. The company has a quick ratio of 0.89, a current ratio of 0.93 and a debt-to-equity ratio of -4.35. Just Energy has a 12-month low of $3.86 and a 12-month high of $6.34. The firm has a market cap of $672.01, a PE ratio of 13.61 and a beta of 0.79.

How to Become a New Pot Stock Millionaire

Just Energy (NYSE:JE) (TSE:JE) last issued its quarterly earnings data on Wednesday, February 7th. The utilities provider reported $0.87 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.74. Just Energy had a net margin of 5.74% and a negative return on equity of 214.69%. The company had revenue of $718.30 million during the quarter, compared to the consensus estimate of $776.79 million. research analysts anticipate that Just Energy will post 1.06 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 29th. Stockholders of record on Thursday, March 15th were given a dividend of $0.097 per share. This represents a $0.39 annualized dividend and a dividend yield of 8.64%. The ex-dividend date of this dividend was Wednesday, March 14th. Just Energy’s dividend payout ratio is 118.18%.

Just Energy announced that its Board of Directors has initiated a stock buyback program on Thursday, March 15th that authorizes the company to buyback 9,730,000 shares. This buyback authorization authorizes the utilities provider to buy shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

Several equities research analysts have commented on the stock. Canaccord Genuity raised shares of Just Energy from a “hold” rating to a “buy” rating in a research note on Thursday, February 8th. HC Wainwright set a $10.00 target price on shares of Just Energy and gave the company a “buy” rating in a research note on Friday, February 9th. ValuEngine downgraded shares of Just Energy from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Royal Bank of Canada raised shares of Just Energy from a “sector perform” rating to an “outperform” rating in a research note on Monday, December 18th. Finally, CIBC raised shares of Just Energy from a “neutral” rating to an “outperform” rating in a research note on Thursday, February 8th. One investment analyst has rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $7.13.

TRADEMARK VIOLATION WARNING: This piece was first reported by Ticker Report and is owned by of Ticker Report. If you are reading this piece on another site, it was illegally copied and reposted in violation of international copyright & trademark legislation. The correct version of this piece can be viewed at https://www.tickerreport.com/banking-finance/3338065/somewhat-positive-media-coverage-somewhat-unlikely-to-impact-just-energy-je-share-price.html.

Just Energy 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.

Insider Buying and Selling by Quarter for Just Energy (NYSE:JE)

Receive News & Ratings for Just Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Just Energy and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Aaron’s   Shares Down 6.2%  on Disappointing Earnings
Aaron’s Shares Down 6.2% on Disappointing Earnings
Box  Expected to Announce Quarterly Sales of $139.55 Million
Box Expected to Announce Quarterly Sales of $139.55 Million
Statoil  Shares Gap Up  Following Dividend Announcement
Statoil Shares Gap Up Following Dividend Announcement
Meritage Homes  Trading Up 0% After Strong Earnings
Meritage Homes Trading Up 0% After Strong Earnings
Eldorado Gold Corp  Announces Quarterly Dividend of $0.50
Eldorado Gold Corp Announces Quarterly Dividend of $0.50
Sunoco LP Announces Quarterly Dividend of $0.83
Sunoco LP Announces Quarterly Dividend of $0.83


© 2006-2018 Ticker Report. Google+.