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Janus International Group (NYSE:JBI) Receives New Coverage From Analysts at CJS Securities

Defense World ·  Sep 7, 2022 02:41

CJS Securities began coverage on shares of Janus International Group (NYSE:JBI – Get Rating) in a research report report published on Tuesday morning, MarketBeat.com reports. The firm issued an outperform rating and a $15.00 price target on the stock.

Several other research firms also recently weighed in on JBI. Benchmark increased their price target on Janus International Group to $16.00 in a research note on Monday, August 22nd. UBS Group increased their price target on Janus International Group to $11.50 and gave the stock a na rating in a research note on Wednesday, May 18th. Finally, Morgan Stanley increased their price target on Janus International Group from $12.00 to $13.00 and gave the stock an equal weight rating in a research note on Wednesday, August 17th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of Moderate Buy and a consensus target price of $14.42.

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Janus International Group Stock Performance

Shares of JBI stock opened at $10.61 on Tuesday. The company has a debt-to-equity ratio of 2.28, a quick ratio of 1.32 and a current ratio of 1.74. The firm has a market cap of $1.56 billion, a price-to-earnings ratio of 23.09 and a beta of 0.57. Janus International Group has a 52 week low of $7.95 and a 52 week high of $15.89. The firm's 50-day simple moving average is $10.12 and its two-hundred day simple moving average is $9.84.

Janus International Group (NYSE:JBI – Get Rating) last posted its quarterly earnings results on Tuesday, August 16th. The company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.03. Janus International Group had a net margin of 7.83% and a return on equity of 31.17%. The company had revenue of $247.71 million for the quarter, compared to analysts' expectations of $230.69 million. As a group, equities analysts forecast that Janus International Group will post 0.69 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in JBI. FNY Investment Advisers LLC bought a new position in Janus International Group in the 1st quarter worth about $35,000. Quantbot Technologies LP bought a new position in Janus International Group in the 1st quarter worth about $46,000. Castleview Partners LLC bought a new position in Janus International Group in the 2nd quarter worth about $61,000. Raymond James Trust N.A. bought a new position in Janus International Group in the 1st quarter worth about $96,000. Finally, Royal Bank of Canada boosted its position in shares of Janus International Group by 671.3% during the 1st quarter. Royal Bank of Canada now owns 11,569 shares of the company's stock valued at $104,000 after acquiring an additional 10,069 shares during the last quarter. Institutional investors own 87.37% of the company's stock.

Janus International Group Company Profile

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Janus International Group, Inc manufacturers, supplies, and provides turn-key self-storage, and commercial and industrial building solutions in North America and internationally. It offers roll up and swing doors, hallway systems, relocatable storage units, and facility and door automation technologies.

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