Janus Henderson Group plc (JHG) Hits Fresh High: Is There Still Room to Run?

Company Performance - Janus Henderson Group plc (JHG) shares have increased by 11.3% over the past month and reached a new 52-week high of $39.36 [1] - The stock has gained 29.9% since the beginning of the year, outperforming the Zacks Finance sector's 17.9% and the Zacks Financial - Investment Management industry's 26.3% [1] Earnings and Revenue - The company has consistently exceeded earnings expectations, reporting an EPS of $0.85 against a consensus estimate of $0.74 in its last earnings report on August 1, 2024 [2] - For the current fiscal year, JHG is projected to achieve earnings of $3.26 per share on revenues of $2.4 billion, reflecting a 23.95% increase in EPS and a 14.04% increase in revenues [3] - For the next fiscal year, earnings are expected to rise to $3.56 per share on $2.58 billion in revenues, indicating year-over-year changes of 9.26% and 7.81%, respectively [3] Valuation Metrics - JHG currently trades at 12 times the current fiscal year EPS estimates, which is above the peer industry average of 11.2 times [7] - The stock's trailing cash flow basis is at 14.6 times compared to the peer group's average of 10.7 times, with a PEG ratio of 0.75 [7] Zacks Rank and Style Scores - Janus Henderson Group holds a Zacks Rank of 2 (Buy) due to favorable earnings estimate revisions from analysts [8] - The stock has a Value Score of B, a Growth Score of C, and a Momentum Score of A, resulting in a combined VGM Score of A [6] Industry Comparison - AllianceBernstein Holding L.P. (AB), a peer in the industry, also has a Zacks Rank of 2 (Buy) and shows strong earnings performance, beating consensus estimates by 7.58% [10][11] - The Financial - Investment Management industry is positioned in the top 40% of all industries, indicating positive market conditions for both JHG and AB [12]