Janus International Group (JBI) Set to Announce Quarterly Earnings on Thursday

Janus International Group (NYSE:JBI – Get Rating) will issue its quarterly earnings data before the market opens on Thursday, March 16th. Analysts expect the company to announce earnings of $0.22 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Janus International Group Trading Up 0.1 %

NYSE:JBI opened at $10.75 on Thursday. The company has a quick ratio of 1.51, a current ratio of 1.92 and a debt-to-equity ratio of 2.08. Janus International Group has a 1-year low of $7.95 and a 1-year high of $12.24. The firm has a market capitalization of $1.58 billion, a price-to-earnings ratio of 18.53 and a beta of 0.79. The stock has a fifty day simple moving average of $10.48 and a 200 day simple moving average of $10.04.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wasatch Advisors Inc. raised its stake in Janus International Group by 3.0% in the first quarter. Wasatch Advisors Inc. now owns 14,874,590 shares of the company’s stock valued at $133,871,000 after buying an additional 433,236 shares during the period. Vanguard Group Inc. lifted its stake in shares of Janus International Group by 4.9% in the 3rd quarter. Vanguard Group Inc. now owns 6,396,471 shares of the company’s stock valued at $57,057,000 after acquiring an additional 299,615 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Janus International Group by 7.4% in the 3rd quarter. BlackRock Inc. now owns 4,904,861 shares of the company’s stock valued at $43,751,000 after acquiring an additional 338,340 shares during the last quarter. Millennium Management LLC raised its position in Janus International Group by 55.3% during the 4th quarter. Millennium Management LLC now owns 1,709,748 shares of the company’s stock worth $16,277,000 after purchasing an additional 608,471 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in Janus International Group by 4.0% during the 4th quarter. Geode Capital Management LLC now owns 1,412,778 shares of the company’s stock worth $13,449,000 after acquiring an additional 54,515 shares during the period. 87.45% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Morgan Stanley cut their price target on Janus International Group from $12.00 to $11.00 and set an “equal weight” rating for the company in a research note on Friday, January 6th. UBS Group lowered their target price on Janus International Group to $11.50 in a report on Wednesday, November 16th.

Janus International Group Company Profile

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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.