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

Shares of Janus International Group, Inc. (NYSE:JBI) have been given a consensus recommendation of “Hold” by the five research firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $9.1667.

JBI has been the subject of a number of analyst reports. Zacks Research raised shares of Janus International Group to a “hold” rating in a research note on Monday, December 15th. KeyCorp dropped their target price on shares of Janus International Group from $12.00 to $9.00 and set an “overweight” rating on the stock in a research report on Thursday, March 5th. Weiss Ratings restated a “sell (d+)” rating on shares of Janus International Group in a research report on Monday, December 29th. Finally, Wall Street Zen lowered shares of Janus International Group from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st.

Janus International Group Price Performance

NYSE JBI opened at $5.02 on Friday. The stock has a market capitalization of $696.38 million, a P/E ratio of 12.86 and a beta of 1.47. Janus International Group has a 1 year low of $4.94 and a 1 year high of $10.80. The business’s fifty day moving average is $6.46 and its two-hundred day moving average is $7.46. The company has a debt-to-equity ratio of 0.94, a quick ratio of 3.04 and a current ratio of 3.54.

Janus International Group (NYSE:JBI) last released its quarterly earnings data on Wednesday, March 4th. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.04). The company had revenue of $226.30 million for the quarter, compared to the consensus estimate of $217.45 million. Janus International Group had a return on equity of 15.26% and a net margin of 6.08%.The business’s revenue was down 1.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.57 earnings per share. On average, research analysts forecast that Janus International Group will post 0.54 earnings per share for the current fiscal year.

Institutional Trading of Janus International Group

Several hedge funds and other institutional investors have recently modified their holdings of the business. Ophir Asset Management Pty Ltd purchased a new stake in shares of Janus International Group during the 4th quarter worth about $22,753,000. Wasatch Advisors LP raised its position in Janus International Group by 37.5% during the third quarter. Wasatch Advisors LP now owns 5,262,405 shares of the company’s stock valued at $51,940,000 after acquiring an additional 1,435,777 shares in the last quarter. Cooke & Bieler LP lifted its stake in Janus International Group by 12.7% in the fourth quarter. Cooke & Bieler LP now owns 7,746,357 shares of the company’s stock valued at $50,661,000 after acquiring an additional 874,131 shares during the last quarter. Public Sector Pension Investment Board bought a new stake in Janus International Group in the fourth quarter worth approximately $4,530,000. Finally, Hillsdale Investment Management Inc. acquired a new position in shares of Janus International Group during the 3rd quarter worth $6,813,000. Institutional investors and hedge funds own 88.78% of the company’s stock.

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.