JFB Construction (NASDAQ:JFB – Get Free Report) was upgraded by equities research analysts at Zacks Research to a “hold” rating in a report issued on Monday,Zacks.com reports.
Several other equities research analysts have also issued reports on JFB. Weiss Ratings restated a “sell (d)” rating on shares of JFB Construction in a research note on Wednesday, July 8th. Roth Capital began coverage on JFB Construction in a research note on Thursday, July 2nd. They issued a “buy” rating and a $9.00 price objective on the stock. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $9.00.
Check Out Our Latest Analysis on JFB
JFB Construction Stock Performance
JFB Construction (NASDAQ:JFB – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($0.25) earnings per share (EPS) for the quarter. The company had revenue of $12.68 million for the quarter. JFB Construction had a negative return on equity of 32.35% and a negative net margin of 24.39%. As a group, research analysts predict that JFB Construction will post -0.23 earnings per share for the current year.
Institutional Trading of JFB Construction
Institutional investors have recently added to or reduced their stakes in the stock. Private Advisor Group LLC bought a new position in JFB Construction in the 1st quarter worth about $76,000. Royal Bank of Canada increased its position in shares of JFB Construction by 4,188.8% during the first quarter. Royal Bank of Canada now owns 19,600 shares of the company’s stock valued at $120,000 after buying an additional 19,143 shares during the period. Geode Capital Management LLC lifted its holdings in shares of JFB Construction by 21.1% in the fourth quarter. Geode Capital Management LLC now owns 12,434 shares of the company’s stock worth $182,000 after buying an additional 2,168 shares in the last quarter. Nomura Holdings Inc. purchased a new stake in shares of JFB Construction in the third quarter worth about $258,000. Finally, 683 Capital Management LLC bought a new position in shares of JFB Construction in the fourth quarter valued at approximately $389,000.
JFB Construction Company Profile
JFB is a commercial and residential real estate construction and development company. The Company’s management is dedicated to delivering high-quality services to commercial and residential markets, such as retail corporate buildouts, multifamily community developments and luxury residential homes, with a focus on fostering long-term relationships with clients, partners, and communities. Our comprehensive suite of services encompasses everything from initial project planning and design to the final stages of construction and project management.
Further Reading
- Five stocks we like better than JFB Construction
- The Real Reason Amazon Hit a $3 Trillion Valuation
- System Upgrade: First Internet Bancorp Options Surge
- AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push
- The AI Chip Blockade Is Creating a Shadow Market
Receive News & Ratings for JFB Construction Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JFB Construction and related companies with MarketBeat.com's FREE daily email newsletter.
