Janus International Group (NYSE:JBI) Upgraded at Zacks Research

Zacks Research upgraded shares of Janus International Group (NYSE:JBI) to a hold rating in a report issued on Monday morning,Zacks.com reports.

A number of other analysts have also commented on the company. Jefferies Financial Group boosted their target price on Janus International Group from $9.00 to $10.00 and gave the company a “hold” rating in a research report on Wednesday, August 20th. UBS Group reduced their price objective on Janus International Group from $10.00 to $8.50 and set a “neutral” rating for the company in a research note on Friday, November 7th. Weiss Ratings restated a “sell (d+)” rating on shares of Janus International Group in a research note on Monday. Finally, Wall Street Zen downgraded Janus International Group from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $10.17.

Janus International Group Stock Down 1.4%

Shares of NYSE JBI opened at $6.70 on Monday. The company has a 50 day simple moving average of $7.70 and a 200 day simple moving average of $8.75. The company has a debt-to-equity ratio of 0.96, a current ratio of 3.03 and a quick ratio of 2.57. Janus International Group has a 1 year low of $5.72 and a 1 year high of $10.80. The firm has a market cap of $929.40 million, a PE ratio of 19.69 and a beta of 1.44.

Janus International Group (NYSE:JBI) last announced its quarterly earnings results on Monday, March 28th. The company reported $0.24 earnings per share (EPS) for the quarter. The firm had revenue of $148.59 million during the quarter. Janus International Group had a net margin of 5.29% and a return on equity of 14.18%. On average, research analysts forecast that Janus International Group will post 0.54 EPS for the current year.

Institutional Trading of Janus International Group

A number of large investors have recently modified their holdings of the business. Charles Schwab Investment Management Inc. increased its position in shares of Janus International Group by 11.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,313,377 shares of the company’s stock worth $9,456,000 after purchasing an additional 132,506 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Janus International Group by 6.1% in the 1st quarter. Invesco Ltd. now owns 1,690,739 shares of the company’s stock worth $12,173,000 after buying an additional 96,851 shares during the last quarter. Nuveen LLC purchased a new stake in shares of Janus International Group during the 1st quarter valued at $2,254,000. American Century Companies Inc. lifted its holdings in shares of Janus International Group by 914.9% during the 1st quarter. American Century Companies Inc. now owns 3,633,684 shares of the company’s stock worth $26,163,000 after acquiring an additional 3,275,656 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position in Janus International Group by 6.5% in the first quarter. Raymond James Financial Inc. now owns 985,195 shares of the company’s stock worth $7,093,000 after acquiring an additional 60,404 shares in the last quarter. Institutional investors own 88.78% of the company’s stock.

Janus International Group Company Profile

Janus International Group, Inc manufacturers and supplies turn-key self-storage, and commercial and industrial building solutions in North America and internationally. The company offers roll up and swing doors, hallway systems, relocatable storage moveable additional storage structures units, and other solutions.