Zacks: Jason Industries Inc (JASN) Receives Consensus Rating of “Strong Buy” from Analysts
Jason Industries Inc (NASDAQ:JASN) has been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Analysts have set a 12-month consensus price objective of $4.50 for the company and are predicting that the company will post ($0.04) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Jason Industries an industry rank of 154 out of 255 based on the ratings given to its competitors.
Several analysts have commented on the stock. Zacks Investment Research upgraded shares of Jason Industries from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 2nd. ValuEngine upgraded shares of Jason Industries from a “hold” rating to a “buy” rating in a research report on Thursday, January 10th.
JASN stock opened at $1.75 on Friday. Jason Industries has a fifty-two week low of $1.29 and a fifty-two week high of $3.70. The company has a market capitalization of $44.80 million, a P/E ratio of -3.24 and a beta of 1.15.
Jason Industries (NASDAQ:JASN) last posted its quarterly earnings data on Tuesday, March 5th. The technology company reported ($0.40) earnings per share for the quarter, missing the consensus estimate of ($0.17) by ($0.23). On average, analysts expect that Jason Industries will post -0.1 earnings per share for the current fiscal year.
Jason Industries Company Profile
Jason Industries is the parent company to a global family of manufacturing leaders within the seating, finishing, components and automotive acoustics markets, including Assembled Products (Buffalo Grove, Ill.), Janesville Acoustics (Southfield, Mich.), Metalex (Libertyville, Ill.), Milsco (Milwaukee, Wis.), Osborn (Richmond, Indiana and Burgwald, Germany) and Sealeze (Richmond, Va.).
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