Just Group (LON:JUST) Shares Down 13.8% - What's Next?

Just Group plc (LON:JUST - Get Free Report) shares dropped 13.8% on Friday . The stock traded as low as GBX 134.67 ($1.74) and last traded at GBX 140.60 ($1.82). Approximately 22,675,285 shares changed hands during trading, an increase of 279% from the average daily volume of 5,977,475 shares. The stock had previously closed at GBX 163.20 ($2.11).

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Royal Bank of Canada raised their price target on Just Group from GBX 190 ($2.46) to GBX 200 ($2.59) and gave the stock an "outperform" rating in a report on Friday, March 7th. JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 200 ($2.59) target price on shares of Just Group in a research note on Friday, March 7th.

Just Group Trading Up 2.9 %

The company has a quick ratio of 4.87, a current ratio of 2.30 and a debt-to-equity ratio of 43.09. The company's fifty day moving average price is GBX 158.98 and its two-hundred day moving average price is GBX 149.59. The firm has a market cap of £1.50 billion, a PE ratio of 16.67, a P/E/G ratio of 0.47 and a beta of 1.51.

Just Group (LON:JUST - Get Free Report) last posted its quarterly earnings results on Friday, March 7th. The company reported GBX 36 ($0.47) EPS for the quarter. Just Group had a return on equity of 8.47% and a net margin of 3.40%. As a group, sell-side analysts forecast that Just Group plc will post 38.3510638 earnings per share for the current fiscal year.

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Insider Activity at Just Group

In related news, insider Mark Godson bought 66,086 shares of the stock in a transaction dated Friday, March 7th. The stock was acquired at an average price of GBX 151 ($1.95) per share, for a total transaction of £99,789.86 ($129,194.54). Insiders own 1.99% of the company's stock.

Just Group Company Profile

Just Group plc provides various retirement income products and services to individual and corporate clients.in the United Kingdom. It offers defined benefit de-risking solutions, guaranteed income for life, secure lifetime income, care plans, and lifetime mortgage service. The company also engages in professional services and distribution business, which offers technology, broking, and advice solutions for corporate clients and pension schemes; and regulated financial advice for pension, investment, and savings.