Janus Henderson Group plc (JHG) Soars to 52-Week High, Time to Cash Out?

Have you been paying attention to shares of Janus Henderson Group plc (JHG)? Shares have been on the move with the stock up 8.7% over the past month. The stock hit a new 52-week high of $41.59 in the previous session. Janus Henderson Group plc has gained 36.6% since the start of the year compared to the 20.3% move for the Zacks Finance sector and the 30.5% return for the Zacks Financial - Investment Management industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 1, 2024, Janus Henderson Group reported EPS of $0.85 versus consensus estimate of $0.74.For the current fiscal year, Janus Henderson Group is expected to post earnings of $3.28 per share on $2.45 billion in revenues. This represents a 24.71% change in EPS on a 16.39% change in revenues. For the next fiscal year, the company is expected to earn $3.62 per share on $2.65 billion in revenues. This represents a year-over-year change of 10.24% and 8.22%, respectively.Valuation MetricsJanus Henderson Group may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.Janus Henderson Group has a Value Score of B. The stock's Growth and Momentum Scores are C and A, respectively, giving the company a VGM Score of B.In terms of its value breakdown, the stock currently trades at 12.6X current fiscal year EPS estimates, which is a premium to the peer industry average of 12.2X. On a trailing cash flow basis, the stock currently trades at 15.3X versus its peer group's average of 11X. Additionally, the stock has a PEG ratio of 0.79. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.Zacks RankWe also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Janus Henderson Group currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Janus Henderson Group fits the bill. Thus, it seems as though Janus Henderson Group shares could still be poised for more gains ahead.How Does JHG Stack Up to the Competition?Shares of JHG have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is BrightSphere Investment Group Inc. (BSIG). BSIG has a Zacks Rank of # 1 (Strong Buy) and a Value Score of B, a Growth Score of B, and a Momentum Score of C.Earnings were strong last quarter. BrightSphere Investment Group Inc. beat our consensus estimate by 4.65%, and for the current fiscal year, BSIG is expected to post earnings of $2.40 per share on revenue of $488.84 million.Shares of BrightSphere Investment Group Inc. have gained 10.3% over the past month, and currently trade at a forward P/E of 10.99X and a P/CF of 11.77X.The Financial - Investment Management industry is in the top 9% of all the industries we have in our universe, so it looks like there are some nice tailwinds for JHG and BSIG, even beyond their own solid fundamental situation.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Janus Henderson Group plc (JHG): Free Stock Analysis Report BrightSphere Investment Group Inc. (BSIG): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks