Janus International Group, Inc. (NYSE:JBI) Given Consensus Rating of “Hold” by Brokerages

Janus International Group, Inc. (NYSE:JBI) has been given an average recommendation of “Hold” by the five brokerages that are covering the firm, MarketBeat Ratings reports. One investment 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 1 year target price among analysts that have issued ratings on the stock in the last year is $10.1667.

A number of equities research analysts recently weighed in on JBI shares. Zacks Research raised shares of Janus International Group to a “hold” rating in a research report on Monday, December 15th. UBS Group decreased their target price on Janus International Group from $10.00 to $8.50 and set a “neutral” rating for the company in a research report on Friday, November 7th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Janus International Group in a research note on Monday, December 29th. Finally, Wall Street Zen lowered shares of Janus International Group from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th.

Janus International Group Price Performance

JBI stock opened at $6.89 on Thursday. The business has a 50 day moving average price of $6.73 and a 200 day moving average price of $8.37. The company has a quick ratio of 2.57, a current ratio of 3.03 and a debt-to-equity ratio of 0.96. The stock has a market cap of $956.47 million, a price-to-earnings ratio of 20.50 and a beta of 1.49. Janus International Group has a fifty-two week low of $5.72 and a fifty-two week high of $10.80.

Janus International Group (NYSE:JBI) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.03). The company had revenue of $219.30 million for the quarter, compared to analyst estimates of $225.72 million. Janus International Group had a return on equity of 14.18% and a net margin of 5.29%.The firm’s revenue for the quarter was down 4.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.11 EPS. Equities research analysts anticipate that Janus International Group will post 0.54 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Janus International Group

Large investors have recently modified their holdings of the stock. AlphaQuest LLC increased its stake in Janus International Group by 28.4% in the 2nd quarter. AlphaQuest LLC now owns 6,536 shares of the company’s stock valued at $53,000 after buying an additional 1,445 shares during the period. State of Alaska Department of Revenue purchased a new position in Janus International Group during the third quarter worth about $70,000. Russell Investments Group Ltd. lifted 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. Sanctuary Advisors LLC purchased a new stake in Janus International Group in the 4th quarter valued at approximately $71,000. Finally, Wealth Enhancement Advisory Services LLC increased its position in Janus International Group by 17.5% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 11,759 shares of the company’s stock worth $106,000 after purchasing an additional 1,754 shares during the period. Hedge funds and other 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.