Jones Lang LaSalle logged a -1.7% change during today's morning session, and is now trading at a price of $130.56 per share.
Jones Lang LaSalle shares moved -40.8% over the last 52 weeks, with a high of $227.08 and a low of $128.76. During this time, the stock lagged the S&P 500 index by -37.0%. As of January 2022, the company's 50-day average price is $153.93. Jones Lang LaSalle Incorporated, a professional services company, provides real estate and investment management services in Americas, Europe, the Middle East, Africa, and the Asia Pacific. The mid-cap Finance company has 103,300 full time employees and is based in Chicago, IL. Jones Lang LaSalle has not offered any dividends in the last year.
The Company Has an Irregular Stream of Positive Cash Flows:
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | |
|---|---|---|---|---|
| Revenue (MM) | $17,983 | $16,590 | $19,367 | $20,862 |
| Revenue Growth | n/a | -7.75% | 16.74% | 7.72% |
| Operating Margins | 5.0% | 4.2% | 5.8% | 4.7% |
| Operating Margins Growth | n/a | -16.0% | 38.1% | -18.97% |
| Earnings Per Share | $10.87 | $7.7 | $18.47 | $13.06 |
| EPS Growth | n/a | -29.16% | 139.87% | -29.29% |
| Diluted Shares (MM) | 49 | 52 | 52 | 48 |
| Free Cash Flow (MM) | $484 | $1,115 | $972 | $200 |
| FCF Growth | n/a | 130.41% | -12.77% | -79.44% |
| Capital Expenditures (MM) | -$188 | -$149 | -$176 | -$206 |
| Net Debt / EBITDA | 1.59 | 2.34 | 0.88 | 1.59 |
Jones Lang LaSalle Is Undervalued at Today's Prices:
Compared to the Finance sector's average of 14.34, Jones Lang LaSalle has a trailing twelve month P/E ratio of 10.0 and, according to its EPS guidance of 17.22, an expected P/E ratio of 7.6. Jones Lang LaSalle's PEG ratio is 1.22 based on its 9.6% compound average growth rate of historical and projected earnings per share. This implies that the company's shares are fairly valued.
Furthermore, Jones Lang LaSalle is likely undervalued in terms of its equity because its P/B ratio is 1.0 compared to its sector average of 1.57. The company's shares are currently trading -30.9% below their Graham number, implying there is a margin of safety for the stock. The Graham number is calculated according to the formula:
√(22.5 * 4-year average EPS * book value per share) = √(22.5 * 12.53 * 126.735) = $189.02
Jones Lang LaSalle Is the Subject of Mixed Market Indicators:
6 analysts are following Jones Lang LaSalle and have set target prices ranging from $133.0 to $239.0 per share. On average, they have given the company a rating of buy. At the current price of $130.56, JLL is trading -27.47% away from its average analyst target price of $180.0 per share, implying an analyst consensus of strong upside potential for the stock.
The company has an average amount of shares sold short since 3.7% of the company's shares are tied to short positions. Institutions own 97.7% of Jones Lang LaSalle's shares, while the insider ownership rate stands at 0.7%. The biggest shareholder is the Vanguard Group, Inc. with a 15% stake in the company worth approximately $916,330,773.
