Janus International Group, Inc. (NYSE:JBI – Get Free Report) has earned a consensus recommendation of “Hold” from the five brokerages that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $8.3333.
Several equities analysts recently issued reports on JBI shares. UBS Group lowered their price target on Janus International Group from $7.25 to $6.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 13th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Janus International Group in a research note on Friday, March 27th. Wall Street Zen cut Janus International Group from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, KeyCorp dropped their target price on Janus International Group from $12.00 to $9.00 and set an “overweight” rating for the company in a report on Thursday, March 5th.
Check Out Our Latest Stock Analysis on JBI
Janus International Group Stock Performance
Janus International Group (NYSE:JBI – Get Free Report) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.09). Janus International Group had a net margin of 4.82% and a return on equity of 12.18%. The firm had revenue of $222.70 million for the quarter, compared to analyst estimates of $219.21 million. During the same period in the previous year, the business posted $0.13 EPS. Janus International Group’s revenue for the quarter was up 5.8% on a year-over-year basis. On average, sell-side analysts predict that Janus International Group will post 0.5 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Janus International Group
Several large investors have recently made changes to their positions in JBI. Ophir Asset Management Pty Ltd bought a new stake in Janus International Group during the fourth quarter worth about $22,753,000. Wasatch Advisors LP boosted its holdings in shares of Janus International Group by 37.5% in the 3rd quarter. Wasatch Advisors LP now owns 5,262,405 shares of the company’s stock worth $51,940,000 after acquiring an additional 1,435,777 shares in the last quarter. Cooke & Bieler LP boosted its holdings in shares of Janus International Group by 12.7% in the 4th quarter. Cooke & Bieler LP now owns 7,746,357 shares of the company’s stock worth $50,661,000 after acquiring an additional 874,131 shares in the last quarter. Public Sector Pension Investment Board bought a new stake in Janus International Group during the 4th quarter worth approximately $4,530,000. Finally, Hillsdale Investment Management Inc. acquired a new stake in Janus International Group during the 3rd quarter valued at $6,813,000. Institutional investors 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.
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