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

Shares of Janus International Group, Inc. (NYSE:JBI) have earned an average rating of “Hold” from the five ratings firms that are covering the stock, Marketbeat.com reports. One investment 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 12 month price objective among analysts that have covered the stock in the last year is $8.3333.

JBI has been the subject of a number of research reports. Wall Street Zen cut shares of Janus International Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. UBS Group dropped their price objective on shares of Janus International Group from $7.25 to $6.00 and set a “neutral” rating for the company in a research note on Wednesday, May 13th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Janus International Group in a research note on Friday, March 27th. Finally, KeyCorp dropped their price objective on shares of Janus International Group from $12.00 to $9.00 and set an “overweight” rating for the company in a research note on Thursday, March 5th.

Institutional Trading of Janus International Group

Several large investors have recently bought and sold shares of the business. Cooke & Bieler LP grew its stake in Janus International Group by 12.7% during the 4th quarter. Cooke & Bieler LP now owns 7,746,357 shares of the company’s stock valued at $50,661,000 after acquiring an additional 874,131 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Janus International Group by 1.6% during the 4th quarter. JPMorgan Chase & Co. now owns 5,861,752 shares of the company’s stock valued at $38,336,000 after acquiring an additional 92,804 shares in the last quarter. Wasatch Advisors LP grew its stake in Janus International Group by 37.5% during the 3rd quarter. Wasatch Advisors LP now owns 5,262,405 shares of the company’s stock valued at $51,940,000 after acquiring an additional 1,435,777 shares in the last quarter. River Road Asset Management LLC grew its stake in Janus International Group by 2.1% during the 4th quarter. River Road Asset Management LLC now owns 4,567,960 shares of the company’s stock valued at $29,874,000 after acquiring an additional 95,032 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Janus International Group by 12.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,205,659 shares of the company’s stock valued at $21,657,000 after acquiring an additional 474,205 shares in the last quarter. Hedge funds and other institutional investors own 88.78% of the company’s stock.

Janus International Group Stock Up 0.1%

JBI stock opened at $5.36 on Wednesday. The stock has a market capitalization of $743.60 million, a P/E ratio of 17.27 and a beta of 1.48. The firm has a 50-day simple moving average of $5.22 and a 200-day simple moving average of $6.04. The company has a quick ratio of 2.19, a current ratio of 2.65 and a debt-to-equity ratio of 0.96. Janus International Group has a 52 week low of $4.26 and a 52 week high of $10.80.

Janus International Group (NYSE:JBI) last released its earnings results on Tuesday, May 12th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.09). The company had revenue of $222.70 million for the quarter, compared to analysts’ expectations of $219.21 million. Janus International Group had a return on equity of 12.18% and a net margin of 4.82%.The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.13 EPS. Equities analysts forecast that Janus International Group will post 0.5 earnings per share for the current fiscal year.

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.