Analysts Set Janus International Group, Inc. (NYSE:JBI) Price Target at $8.33

Janus International Group, Inc. (NYSE:JBIGet Free Report) has earned a consensus rating of “Hold” from the five analysts that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $8.3333.

JBI has been the topic of a number of research reports. Wall Street Zen downgraded Janus International Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. UBS Group lowered their target price on Janus International Group from $7.25 to $6.00 and set a “neutral” rating on the stock in a report on Wednesday, May 13th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of Janus International Group in a research report on Wednesday, June 24th.

View Our Latest Research Report on JBI

Janus International Group Stock Performance

Shares of JBI stock traded up $0.07 during trading hours on Friday, reaching $5.21. The company had a trading volume of 1,019,746 shares, compared to its average volume of 1,838,837. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.19 and a current ratio of 2.65. The business has a fifty day moving average price of $5.22 and a 200-day moving average price of $5.89. Janus International Group has a one year low of $4.26 and a one year high of $10.80. The firm has a market cap of $724.15 million, a PE ratio of 16.82 and a beta of 1.46.

Janus International Group (NYSE:JBIGet Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $0.01 earnings per share 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 company had revenue of $222.70 million for the quarter, compared to the consensus estimate of $219.21 million. During the same quarter last year, the company earned $0.13 EPS. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. Sell-side analysts predict that Janus International Group will post 0.5 earnings per share for the current fiscal year.

Institutional Trading of Janus International Group

Several large investors have recently added to or reduced their stakes in JBI. Cooke & Bieler LP raised its position 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 worth $50,661,000 after acquiring an additional 874,131 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Janus International Group by 1.6% in the 4th quarter. JPMorgan Chase & Co. now owns 5,861,752 shares of the company’s stock worth $38,336,000 after purchasing an additional 92,804 shares in the last quarter. Wasatch Advisors LP raised its holdings in 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 purchasing an additional 1,435,777 shares during the period. River Road Asset Management LLC lifted its position in Janus International Group by 2.1% during the fourth quarter. River Road Asset Management LLC now owns 4,567,960 shares of the company’s stock valued at $29,874,000 after purchasing an additional 95,032 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Janus International Group by 12.7% during the first quarter. Dimensional Fund Advisors LP now owns 4,205,659 shares of the company’s stock valued at $21,657,000 after purchasing an additional 474,205 shares during the period. 88.78% of the stock is currently owned by institutional investors.

Janus International Group Company Profile

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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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Analyst Recommendations for Janus International Group (NYSE:JBI)

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