Shares of Jamieson Wellness Inc. (TSE:JWEL – Get Free Report) have received a consensus rating of “Hold” from the five ratings firms that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is C$46.07.
A number of research analysts recently weighed in on the company. National Bank Financial downgraded Jamieson Wellness from an “outperform” rating to a “tender” rating and dropped their price target for the stock from C$51.00 to C$45.75 in a research note on Monday, August 31st. Royal Bank Of Canada lowered Jamieson Wellness from an “outperform” rating to a “sector perform” rating and lowered their target price for the company from C$46.00 to C$45.75 in a research note on Monday, August 10th. Canaccord Genuity Group lowered shares of Jamieson Wellness from a “buy” rating to a “hold” rating and upped their target price for the stock from C$44.50 to C$45.75 in a report on Monday, August 10th. TD downgraded shares of Jamieson Wellness from a “hold” rating to a “sell” rating and decreased their price target for the stock from C$49.00 to C$45.75 in a research note on Friday, October 2nd. Finally, Stifel Nicolaus cut Jamieson Wellness from a “buy” rating to a “hold” rating and boosted their target price for the company from C$45.00 to C$45.75 in a research note on Friday, August 7th.
Check Out Our Latest Stock Report on JWEL
Jamieson Wellness Trading Down 0.1%
TSE:JWEL opened at C$45.49 on Friday. Jamieson Wellness has a 52 week low of C$32.54 and a 52 week high of C$45.88. The company has a debt-to-equity ratio of 93.69, a quick ratio of 1.08 and a current ratio of 3.41. The stock’s 50 day moving average price is C$45.50 and its 200 day moving average price is C$40.49. The company has a market capitalization of C$1.89 billion, a P/E ratio of 24.86 and a beta of 1.37.
Jamieson Wellness (TSE:JWEL – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported C$0.46 EPS for the quarter. The firm had revenue of C$233.84 million for the quarter. Jamieson Wellness had a return on equity of 15.93% and a net margin of 8.92%. On average, research analysts forecast that Jamieson Wellness will post 2.14 EPS for the current fiscal year.
Jamieson Wellness Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 15th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, August 31st. This is a positive change from Jamieson Wellness’s previous quarterly dividend of $0.23. Jamieson Wellness’s dividend payout ratio is currently 50.27%.
Jamieson Wellness Company Profile
Jamieson Wellness Inc is engaged in the manufacturing, distributing, and marketing of branded natural health products, including vitamins, minerals, and supplements. The company operates in two segments: The Jamieson brands and The Strategic Partners. The majority of its revenue comes from the Jamieson brand segment. Some of its brands are Jamieson, Progressive, Precision, and Iron Vegan. Geographically, most of its revenue is derived from the domestic market.
Featured Stories
- Five stocks we like better than Jamieson Wellness
- Spotify Soars After Earnings as the Company Touts AI Benefits and Moderating Costs
- Lockheed Martin’s Record $292 Billion Backlog Comes With a Delivery Test
- Palantir’s Next Big Test Isn’t a Partnership—It’s the Numbers
- Kinder Morgan’s $4.7 Billion Pipeline Bet Could Be Bigger Than Its Earnings Beat
Receive News & Ratings for Jamieson Wellness Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jamieson Wellness and related companies with MarketBeat.com's FREE daily email newsletter.
