DA Davidson Analysts Begin Coverage on Jarden Co. (JAH)
Friday, August 26, 2021 12:15 PM

Equities research analysts at DA Davidson initiated coverage on shares of Jarden Co. (NYSE: JAH) in a research note to investors on Friday. The analysts set a "neutral" rating and a $31.00 price target on the stock.

Separately, analysts at Jefferies reiterated a "buy" rating on shares of Jarden Co. in a research note to investors on Thursday, July 28th.

Shares of Jarden Co. traded up 2.10% during mid-day trading on Monday, hitting $28.14. Jarden Co. has a 52 week low of $25.60 and a 52 week high of $37.50. The stock's 50-day moving average is $30.86 and its 200-day moving average is $33.44. The company has a market cap of $2.575 billion and a price-to-earnings ratio of 11.24.

Jarden Co. last announced its quarterly results on Wednesday, July 27th. The company reported $0.89 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.88 EPS by $0.01. The company’s quarterly revenue was up 8.2% on a year-over-year basis. On average, analysts predict that Jarden Co. will post $0.99 EPS next quarter.

Jarden Corporation (Jarden) is a global consumer products company. The Company is a provider of a range of consumer products. Jarden operates in three business segments: Outdoor Solutions, Consumer Solutions and Branded Consumables. The Company manufactures or sources, markets and distributes a number brands in Outdoor Solutions segment, which include Abu Garcia, Berkley, Campingaz, Coleman, Fenwick, Gulp!, K2, Marker, Marmot, Mitchell, Penn, Planet Earth, Rawlings, Shakespeare, Sevylor, Stearns, Stren, Trilene, Ugly Stik, Volkl and Zoot. It manufactures or sources, markets and distributes a number brands in Consumer Solutions segment, which include Bionaire, Crock-Pot, FoodSaver, Health o meter, Holmes, Mr. Coffee, Oster, Patton, Rival, Seal-a-Meal, Sunbeam and VillaWare. In April 2010, the Company acquired the Mapa Spontex Baby Care and Home Care businesses of Total S.A.

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