Analysts Set Janus International Group, Inc. (NYSE:JBI) Price Target at $10.17

Janus International Group, Inc. (NYSE:JBI) has been assigned a consensus rating of “Hold” from the five research firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $10.1667.

A number of analysts recently commented on JBI shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of Janus International Group in a report on Monday, December 29th. Zacks Research raised Janus International Group to a “hold” rating in a research report on Monday, December 15th. UBS Group cut their price target on shares of Janus International Group from $10.00 to $8.50 and set a “neutral” rating on the stock in a report on Friday, November 7th. Finally, Wall Street Zen upgraded shares of Janus International Group from a “hold” rating to a “buy” rating in a research report on Monday.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Royal Bank of Canada increased its stake in shares of Janus International Group by 23.6% in the first quarter. Royal Bank of Canada now owns 150,581 shares of the company’s stock worth $1,084,000 after purchasing an additional 28,709 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Janus International Group by 66.4% in the 1st quarter. AQR Capital Management LLC now owns 272,602 shares of the company’s stock worth $1,963,000 after buying an additional 108,809 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Janus International Group in the 1st quarter worth approximately $231,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Janus International Group by 5.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 279,787 shares of the company’s stock valued at $2,014,000 after buying an additional 14,125 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in Janus International Group by 118.1% during the 1st quarter. Jane Street Group LLC now owns 189,655 shares of the company’s stock valued at $1,366,000 after acquiring an additional 102,679 shares during the period. 88.78% of the stock is owned by institutional investors.

Janus International Group Trading Up 4.4%

Shares of JBI stock opened at $6.92 on Monday. Janus International Group has a 52-week low of $5.72 and a 52-week high of $10.80. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.57 and a current ratio of 3.03. The company has a 50-day simple moving average of $6.96 and a two-hundred day simple moving average of $8.06. The company has a market capitalization of $960.63 million, a price-to-earnings ratio of 20.35 and a beta of 1.47.

Janus International Group (NYSE:JBI) last posted its earnings results on Wednesday, March 4th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.04). Janus International Group had a return on equity of 14.18% and a net margin of 5.29%.The firm had revenue of $226.30 million for the quarter, compared to the consensus estimate of $217.45 million. During the same period in the prior year, the business earned $0.57 EPS. Janus International Group’s quarterly revenue was down 1.9% compared to the same quarter last year. Research analysts anticipate that Janus International Group will post 0.54 EPS for the current fiscal year.

Janus International Group Company Profile

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.