JFB Construction (NASDAQ:JFB) Stock Rating Upgraded by Zacks Research

JFB Construction (NASDAQ:JFB) was upgraded by Zacks Research to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Other equities research analysts have also issued reports about the company. Roth Capital started coverage on JFB Construction in a research note on Thursday, July 2nd. They set a “buy” rating and a $9.00 price objective for the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of JFB Construction in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, JFB Construction has a consensus rating of “Hold” and a consensus price target of $9.00.

JFB Construction Trading Up 7.4%

Shares of NASDAQ:JFB opened at $4.36 on Monday. The firm has a market capitalization of $88.20 million, a P/E ratio of -9.91 and a beta of 3.34. JFB Construction has a 52 week low of $2.45 and a 52 week high of $17.55. The firm’s 50 day moving average is $4.74 and its two-hundred day moving average is $5.57.

JFB Construction (NASDAQ:JFB) last announced its earnings results on Thursday, May 14th. The company reported ($0.25) EPS for the quarter. The firm had revenue of $12.68 million for the quarter. JFB Construction had a negative return on equity of 32.35% and a negative net margin of 24.39%. Analysts predict that JFB Construction will post -0.23 EPS for the current year.

Institutional Trading of JFB Construction

Several institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada grew its position in JFB Construction by 4,188.8% during the first quarter. Royal Bank of Canada now owns 19,600 shares of the company’s stock valued at $120,000 after purchasing an additional 19,143 shares in the last quarter. Private Advisor Group LLC purchased a new stake in JFB Construction in the 1st quarter worth approximately $76,000. 683 Capital Management LLC acquired a new stake in shares of JFB Construction during the 4th quarter valued at $389,000. Marshall Wace LLP purchased a new position in shares of JFB Construction during the 4th quarter valued at $604,000. Finally, Geode Capital Management LLC grew its holdings in shares of JFB Construction by 21.1% during the 4th quarter. Geode Capital Management LLC now owns 12,434 shares of the company’s stock valued at $182,000 after acquiring an additional 2,168 shares in the last quarter.

JFB Construction Company Profile

JFB is a commercial and residential real estate construction and development company. The Company’s management is dedicated to delivering high-quality services to commercial and residential markets, such as retail corporate buildouts, multifamily community developments and luxury residential homes, with a focus on fostering long-term relationships with clients, partners, and communities. Our comprehensive suite of services encompasses everything from initial project planning and design to the final stages of construction and project management.