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.

Institutional investors have recently modified their holdings of the business. Alambic Investment Management L.P. bought a new stake in shares of Jason Industries during the 4th quarter valued at $44,000. BlackRock Inc. increased its position in shares of Jason Industries by 7.1% in the 4th quarter. BlackRock Inc. now owns 103,581 shares of the technology company’s stock valued at $142,000 after buying an additional 6,883 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in shares of Jason Industries in the 3rd quarter valued at $193,000. Vanguard Group Inc increased its position in shares of Jason Industries by 2.1% in the 3rd quarter. Vanguard Group Inc now owns 733,683 shares of the technology company’s stock valued at $2,472,000 after buying an additional 15,131 shares in the last quarter. Finally, Renaissance Technologies LLC increased its position in shares of Jason Industries by 19.3% in the 3rd quarter. Renaissance Technologies LLC now owns 1,036,916 shares of the technology company’s stock valued at $3,494,000 after buying an additional 167,400 shares in the last quarter. Institutional investors own 35.00% of the company’s stock.

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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