Should You Sell JBG SMITH Properties (JBGS) And Go Away This Year?

JBG SMITH Properties (NYSE:JBGS) currently has a daily average trading volume of 589.53K but it saw 1554552 shares traded in last market. With a market cap of 1.44B USD, the company’s current market price of $14.59 came falling about -2.47 while comparing to the previous closing price of $14.96. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.86 and as low as $13.65.

Taking a look at 20-day trading activity of JBG SMITH Properties (JBGS) gives us an average price of $15.15, while its current price level is -22.64% below from 52-week high level whereas it is 6.93% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $15.41 while that of 200 days or SMA-200 reads an average of $16.13. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.22% during that period while stretching the period over a month that decreases to 2.79%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.13 which implies that the stock is in neutral territory.

Evercore ISI downgraded its recommendation for the stock as a “Underperform” from “In-line” on August 17, 2023 while assigning a price target range of $16-$15. BMO Capital Markets also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $38 and $30.

Over the week, JBGS’s stock price is moving -3.12% down while it is -5.38% when we observe its performance for the past one month. Year-to-date it is -5.07% down and over the past year, the stock is showing a downside performance of -11.79%.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $109.9M as analysts are expecting the sales for current fiscal year at $441.42M and seeing the company making $442.82M in sales next year. Moreover, analysts are in estimates of $110.64M for current-quarter revenue.

Currently, JBG SMITH Properties’s total number of outstanding shares is 84.50M with 0.04% of that held by the insiders while 96.22% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -3.55% and return on equity (ROE) at -7.24%. Stock’s beta reads 1.10. Stock has a price to book (P/B) ratio of 0.68 while price to sale or P/S ratio amounts to 2.62. Its return on asset (ROA) is -2.77% on average.