Janus International Group, Inc. (NYSE:JBI) Receives $9.17 Consensus PT from Analysts

Shares of Janus International Group, Inc. (NYSE:JBI) have earned a consensus rating of “Hold” from the five research firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $9.1667.

JBI has been the topic of a number of research analyst reports. Weiss Ratings restated a “sell (d+)” rating on shares of Janus International Group in a research report on Friday, March 27th. Wall Street Zen raised shares of Janus International Group from a “hold” rating to a “buy” rating in a research report on Monday. Finally, KeyCorp decreased their target price on shares of Janus International Group from $12.00 to $9.00 and set an “overweight” rating for the company in a research note on Thursday, March 5th.

Janus International Group Stock Down 1.8%

JBI stock opened at $5.38 on Tuesday. The stock has a market capitalization of $746.93 million, a P/E ratio of 13.79 and a beta of 1.59. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.54 and a quick ratio of 3.04. Janus International Group has a 1-year low of $4.74 and a 1-year high of $10.80. The business has a fifty day moving average price of $5.79 and a 200-day moving average price of $6.86.

Janus International Group (NYSE:JBI) last released its quarterly earnings data on Wednesday, March 4th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.04). The business had revenue of $226.30 million for the quarter, compared to analysts’ expectations of $217.45 million. Janus International Group had a net margin of 6.08% and a return on equity of 15.26%. The company’s quarterly revenue was down 1.9% on a year-over-year basis. During the same period last year, the business earned $0.57 earnings per share. Equities analysts forecast that Janus International Group will post 0.65 earnings per share for the current fiscal year.

Institutional Trading of Janus International Group

A number of hedge funds have recently bought and sold shares of the company. Clearstead Advisors LLC increased its holdings in Janus International Group by 130.0% in the 4th quarter. Clearstead Advisors LLC now owns 5,338 shares of the company’s stock worth $35,000 after acquiring an additional 3,017 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Janus International Group by 1,978.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,363 shares of the company’s stock valued at $35,000 after buying an additional 5,105 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in Janus International Group by 771.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 7,229 shares of the company’s stock valued at $59,000 after buying an additional 6,399 shares in the last quarter. State of Alaska Department of Revenue bought a new stake in Janus International Group in the 3rd quarter worth approximately $70,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Janus International Group during the 4th quarter worth approximately $71,000. Hedge funds and other institutional investors own 88.78% of the company’s stock.

About Janus International Group

Janus International Group, Inc is a global provider of specialized storage and security products for self-storage, commercial, industrial and residential applications. The company designs, engineers and manufactures a broad range of building components focused on perimeter security and facility access solutions. Janus serves customers through dealer networks, direct sales offices and distribution partners across multiple end markets.

Core product offerings include steel roll-up doors and sectional overhead doors, perimeter fencing and automated gate systems, parking security products and climate-controlled modular storage buildings.