Shares of Janus International Group, Inc. (NYSE:JBI – Get Rating) have received a consensus rating of "Moderate Buy" from the six research firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $14.42.
Several research analysts have recently commented on the company. CJS Securities assumed coverage on Janus International Group in a research note on Tuesday. They issued an "outperform" rating and a $15.00 price objective on the stock. UBS Group raised their price objective on Janus International Group to $11.50 and gave the stock a "na" rating in a research note on Wednesday, May 18th. Benchmark raised their price objective on Janus International Group to $16.00 in a research note on Monday, August 22nd. Finally, Morgan Stanley raised their price objective 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.
Get Janus International Group alerts:Janus International Group Stock Down 2.9 %
JBI stock opened at $10.53 on Tuesday. Janus International Group has a fifty-two week low of $7.95 and a fifty-two week high of $14.63. The business's 50-day moving average is $10.25 and its two-hundred day moving average is $9.85. 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 company has a market cap of $1.54 billion, a price-to-earnings ratio of 22.89 and a beta of 0.57.
Janus International Group (NYSE:JBI – Get Rating) last posted its earnings results on Tuesday, August 16th. The company reported $0.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.03. Janus International Group had a return on equity of 31.17% and a net margin of 7.83%. The company had revenue of $247.71 million for the quarter, compared to the consensus estimate of $230.69 million. As a group, analysts forecast that Janus International Group will post 0.69 earnings per share for the current year.Institutional Trading of Janus International Group
Several institutional investors have recently made changes to their positions in the business. Northern Trust Corp grew its holdings in Janus International Group by 23.8% during the 4th quarter. Northern Trust Corp now owns 115,786 shares of the company's stock valued at $1,450,000 after buying an additional 22,248 shares in the last quarter. Swiss National Bank purchased a new position in Janus International Group during the 4th quarter valued at approximately $1,906,000. Raymond James & Associates grew its holdings in Janus International Group by 15.0% during the 4th quarter. Raymond James & Associates now owns 285,795 shares of the company's stock valued at $3,578,000 after buying an additional 37,325 shares in the last quarter. Natixis Advisors L.P. grew its holdings in Janus International Group by 5.2% during the 4th quarter. Natixis Advisors L.P. now owns 61,637 shares of the company's stock valued at $772,000 after buying an additional 3,020 shares in the last quarter. Finally, Wolverine Asset Management LLC grew its holdings in Janus International Group by 61.3% during the 4th quarter. Wolverine Asset Management LLC now owns 75,000 shares of the company's stock valued at $939,000 after buying an additional 28,496 shares in the last quarter. Hedge funds and other 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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