Shares of Janus International Group, Inc. (NYSE:JBI – Get Rating) have received an average recommendation of “Buy” from the six analysts that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $15.00.
Several analysts have commented on JBI shares. Morgan Stanley reduced their price objective on Janus International Group from $13.00 to $12.00 and set an “equal weight” rating for the company in a research note on Thursday, April 7th. KeyCorp dropped their target price on Janus International Group from $17.00 to $14.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 16th. Benchmark assumed coverage on Janus International Group in a research report on Wednesday, January 26th. They set a “buy” rating and a $18.00 target price on the stock. Finally, Zacks Investment Research upgraded Janus International Group from a “sell” rating to a “hold” rating in a research report on Wednesday, January 12th.
JBI traded down $0.09 on Monday, hitting $9.19. 416,432 shares of the company traded hands, compared to its average volume of 799,993. The company has a 50 day moving average of $9.53 and a 200-day moving average of $11.28. The company has a quick ratio of 1.12, a current ratio of 1.53 and a debt-to-equity ratio of 2.65. The stock has a market capitalization of $1.35 billion, a PE ratio of 51.06 and a beta of 0.52. Janus International Group has a 12-month low of $8.55 and a 12-month high of $15.94.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. grew its holdings in shares of Janus International Group by 44.3% in the 4th quarter. BlackRock Inc. now owns 948,054 shares of the company’s stock worth $11,870,000 after acquiring an additional 290,986 shares during the period. LWM Advisory Services LLC acquired a new stake in shares of Janus International Group in the 4th quarter worth approximately $192,000. Goldman Sachs Group Inc. acquired a new stake in shares of Janus International Group in the 4th quarter worth approximately $634,000. California State Teachers Retirement System acquired a new stake in shares of Janus International Group in the 4th quarter worth approximately $735,000. Finally, Forager Funds Management Pty Ltd acquired a new stake in shares of Janus International Group in the 4th quarter worth approximately $6,609,000. Institutional investors and hedge funds own 85.27% of the company’s stock.
Janus International Group Company Profile (Get Rating)
Janus International Group, Inc manufacturers, supplies, and provides turn-key self-storage, and commercial and industrial building solutions in North America and internationally. It offers roll up and swing doors, hallway systems, relocatable storage units, and facility and door automation technologies.
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