Just Energy Group Canada is in the utilities sector and is in the regulated utilities industry. The company CEO is Patrick McCullough. Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities, energy efficiency solutions and renewable energy options.



Previous Intraday Performance:

The JE shares had a previous change of 0.57% which opened at 3.50 and closed at 3.54. It moved to an intraday high of 3.56 and a low of 3.46.

SeekingAlpha:  Just Energy Preferred: A 9.4% Yield With Superior Interest Rate Protection

Historical Performance:

Over the last five trading days, JE shares returned -2.75% and in the past 30 trading days it returned 3.21%. Over three months, it changed 2.55%. In one year it has changed -2.89% and within that year its 52-week high was 4.34 and its 52-week low was 2.80. JE stock is 26.43% above its 52 Week Low.

Our calculations result in a 200 day moving average of 3.35 and a 50 day moving average of 3.51. Right now, JE stock is trading 5.80% above its 200 day moving average.

SeekingAlpha:  Just Energy Preferred: A 9.4% Yield With Superior Interest Rate Protection

Liquidity:

The company has a market cap of $529.3m with 149.5m shares outstanding and a float of 149.5m shares. Trading volume was 218,877 shares and has experienced an average volume of 169,627 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Just Energy Group Canada was 0 which ended on 31st of March 2018. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.08. The trailing twelve month EPS is 1.01, which comes to a trailing twelve month PE of 3.50.

The dividend per share is currently 0.37, which is a dividend yield of 10.57%. Also, the payout ratio is 37.06%, therefore the dividend is safe according to our calculations. JE stock has a high dividend yield, but because the company has enough earnings to cover future dividends, it might be a good investment opportunity for an income portfolio.

The next earnings report will be: 06-05-2019

The long-term trend of the EPS is a vital number as it helps understand the future potential of Just Energy Group Canada; it is typically displayed as a percentage and called the EPS growth rate, which at this time is hard to estimate, but revenue growth has been 12.20% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 37.40% of institutional ownership. Short-interest was 3,028,062, which was 2.03% of shares outstanding. The short-interest ratio or days-to-cover ratio was 23.61. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be 0.65

SeekingAlpha:  Earnings movers dominate premarket losers

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 541.06%, return on assets is 13.55%, profit margin is -1.28%, price-to-sales is 0.19 and price-to-book is 4.39.

Company Score Card:

Results are out of six:
 1  : Growth Expectations Result
 3  : Financial Safety Result
 3  : Past Performance Result
 2  : Valuation Result
 3  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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