Janus International Group (JBI) to Release Quarterly Earnings on Tuesday

Janus International Group (NYSE:JBI) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, October 29th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Janus International Group has set its FY 2024 guidance at EPS.Parties that wish to listen to the company’s conference call can do so using this link.

Janus International Group (NYSE:JBI) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.07). Janus International Group had a net margin of 12.52% and a return on equity of 26.03%. The company had revenue of $248.40 million for the quarter, compared to analysts’ expectations of $287.42 million. On average, analysts expect Janus International Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Janus International Group Stock Performance

NYSE:JBI opened at $10.01 on Friday. The stock’s fifty day moving average is $10.26 and its 200 day moving average is $12.33. Janus International Group has a fifty-two week low of $9.16 and a fifty-two week high of $15.86. The firm has a market capitalization of $1.46 billion, a PE ratio of 10.54 and a beta of 0.88. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.47 and a current ratio of 2.82.

Insider Activity

In other news, insider Peter Frayser sold 15,000 shares of the firm’s stock in a transaction on Monday, July 29th. The stock was sold at an average price of $15.00, for a total transaction of $225,000.00. Following the transaction, the insider now owns 217,805 shares in the company, valued at approximately $3,267,075. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 3.94% of the company’s stock.

Analyst Ratings Changes

A number of analysts have weighed in on JBI shares. Benchmark reduced their target price on Janus International Group from $21.00 to $14.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. Wolfe Research lowered Janus International Group from an “outperform” rating to a “peer perform” rating in a research note on Monday, August 12th. Jefferies Financial Group reduced their target price on Janus International Group from $15.00 to $12.00 and set a “buy” rating on the stock in a research note on Tuesday, September 10th. UBS Group reduced their target price on Janus International Group from $14.50 to $12.00 and set a “neutral” rating on the stock in a research note on Thursday, August 8th. Finally, KeyCorp reduced their target price on Janus International Group from $15.00 to $13.00 and set an “overweight” rating on the stock in a research note on Monday, October 14th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $12.75.

About Janus International Group

Janus International Group, Inc manufacturers and supplies turn-key self-storage, and commercial and industrial building solutions in North America and internationally. The company offers roll up and swing doors, hallway systems, relocatable storage moveable additional storage structures units, and other solutions.