Janus International Group, Inc. (NYSE:JBI) Receives Average Rating of “Hold” from Analysts
by Sarita Garza · The Markets DailyShares of Janus International Group, Inc. (NYSE:JBI – Get Free Report) have been given an average recommendation of “Hold” by the five brokerages that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $9.1667.
Several analysts have recently commented on JBI shares. Zacks Research raised shares of Janus International Group to a “hold” rating in a research report on Monday, December 15th. Wall Street Zen lowered Janus International Group from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Weiss Ratings reissued a “sell (d+)” rating on shares of Janus International Group in a research note on Friday. Finally, KeyCorp decreased their price target on Janus International Group from $12.00 to $9.00 and set an “overweight” rating on the stock in a research note on Thursday, March 5th.
Check Out Our Latest Stock Analysis on JBI
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of JBI. Clearstead Advisors LLC lifted its holdings in shares of 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 during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Janus International Group by 1,978.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,363 shares of the company’s stock valued at $35,000 after purchasing an additional 5,105 shares during the last quarter. State of Alaska Department of Revenue purchased a new stake in Janus International Group in the third quarter valued at approximately $70,000. Russell Investments Group Ltd. raised its position in Janus International Group by 771.0% in the second quarter. Russell Investments Group Ltd. now owns 7,229 shares of the company’s stock valued at $59,000 after purchasing an additional 6,399 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in Janus International Group during the fourth quarter worth $71,000. Institutional investors and hedge funds own 88.78% of the company’s stock.
Janus International Group Trading Up 3.9%
Shares of Janus International Group stock opened at $5.14 on Friday. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.54 and a quick ratio of 3.04. The stock’s 50 day simple moving average is $6.38 and its 200-day simple moving average is $7.38. The stock has a market cap of $713.05 million, a P/E ratio of 13.17 and a beta of 1.47. Janus International Group has a 1-year low of $4.92 and a 1-year high of $10.80.
Janus International Group (NYSE:JBI – Get Free Report) last announced its quarterly earnings data on Wednesday, March 4th. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.04). Janus International Group had a return on equity of 15.26% and a net margin of 6.08%.The company had revenue of $226.30 million for the quarter, compared to analysts’ expectations of $217.45 million. During the same quarter in the previous year, the business posted $0.57 EPS. The business’s quarterly revenue was down 1.9% compared to the same quarter last year. Analysts predict that Janus International Group will post 0.54 EPS for the current fiscal year.
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.