Just Energy Group Inc (NYSE:JE) (TSE:JE) – Analysts at B. Riley raised their Q4 2018 earnings per share estimates for shares of Just Energy Group in a report issued on Monday. B. Riley analyst C. Driscoll now expects that the utilities provider will post earnings of $0.17 per share for the quarter, up from their prior forecast of $0.14. B. Riley has a “Buy” rating and a $6.25 price objective on the stock. B. Riley also issued estimates for Just Energy Group’s Q1 2019 earnings at $0.06 EPS, Q4 2019 earnings at $0.14 EPS and FY2019 earnings at $0.51 EPS.

A number of other analysts also recently commented on JE. ValuEngine upgraded Just Energy Group from a “hold” rating to a “buy” rating in a research note on Tuesday. HC Wainwright set a $10.00 target price on Just Energy Group and gave the stock a “buy” rating in a research note on Friday. Canaccord Genuity restated a “hold” rating and issued a $7.25 target price on shares of Just Energy Group in a research note on Monday, October 16th. CIBC upgraded Just Energy Group from a “neutral” rating to an “outperform” rating in a research note on Thursday, February 8th. Finally, lowered their target price on Just Energy Group from $7.50 to $6.25 and set a “buy” rating on the stock in a research note on Wednesday, November 15th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $7.17.

Shares of Just Energy Group (NYSE JE) traded up $0.06 during mid-day trading on Tuesday, hitting $4.94. The stock had a trading volume of 430,500 shares, compared to its average volume of 269,946. The company has a quick ratio of 0.89, a current ratio of 0.93 and a debt-to-equity ratio of -4.35. The firm has a market capitalization of $663.99, a price-to-earnings ratio of 7.18 and a beta of 0.85. Just Energy Group has a fifty-two week low of $3.86 and a fifty-two week high of $6.35.

Several institutional investors and hedge funds have recently modified their holdings of the company. The Manufacturers Life Insurance Company boosted its stake in shares of Just Energy Group by 1.9% in the second quarter. The Manufacturers Life Insurance Company now owns 85,324 shares of the utilities provider’s stock worth $447,000 after buying an additional 1,585 shares during the last quarter. Parametric Portfolio Associates LLC boosted its position in Just Energy Group by 15.3% during the second quarter. Parametric Portfolio Associates LLC now owns 30,518 shares of the utilities provider’s stock worth $160,000 after purchasing an additional 4,039 shares in the last quarter. Citadel Advisors LLC boosted its position in Just Energy Group by 29.3% during the second quarter. Citadel Advisors LLC now owns 22,022 shares of the utilities provider’s stock worth $115,000 after purchasing an additional 4,994 shares in the last quarter. Sii Investments Inc. WI purchased a new position in Just Energy Group during the third quarter worth approximately $113,000. Finally, Shell Asset Management Co. boosted its position in Just Energy Group by 217.4% during the third quarter. Shell Asset Management Co. now owns 33,174 shares of the utilities provider’s stock worth $173,000 after purchasing an additional 22,723 shares in the last quarter. Hedge funds and other institutional investors own 28.28% of the company’s stock.

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Just Energy Group Company Profile

Just Energy Group Inc (Just Energy) is an energy management solutions provider engaged in electricity, natural gas, solar and green energy. The Company’s segments include Consumer Energy and Commercial Energy. The Company operates in the United States, Canada and the United Kingdom, offering a range of energy products, including long-term fixed-price, variable rate and flat bill programs; home energy management services, including smart thermostats and tools to manage energy use at the appliance level, and residential solar panel installations.

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

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