Janus Henderson Group PLC

JHG: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$85.00	Zwwghl	Vrvljmjqtf

Janus Henderson Earnings: Market Gains and Better Flows Set the Stage for Better Results in 2024

Greggory Warren

Feb 1, 2024

While there was little in narrow-moat rated Janus Henderson's fourth-quarter results that would alter our long-term view of the firm, we expect to increase our $25 per-share fair value estimate around 10% once we've incorporated the results into our valuation. This would leave the company's shares slightly overvalued relative to their Feb. 1 trading price.

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