Janus International Group, Inc. (NYSE:JBI) Receives $15.00 Consensus Target Price from Analysts

Shares of Janus International Group, Inc. (NYSE:JBIGet 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.

Janus International Group (NYSE:JBIGet Rating) last posted its quarterly earnings data on Tuesday, March 15th. The company reported $0.14 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.07 by $0.07. The firm had revenue of $235.35 million during the quarter, compared to the consensus estimate of $214.92 million. Janus International Group had a return on equity of 42.09% and a net margin of 5.84%. On average, research analysts anticipate that Janus International Group will post 0.54 EPS for the current year.

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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Analyst Recommendations for Janus International Group (NYSE:JBI)

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