Janus International Group (NYSE:JBI) Upgraded at Wall Street Zen
by Jessica Moore · The Cerbat GemWall Street Zen upgraded shares of Janus International Group (NYSE:JBI – Free Report) from a hold rating to a buy rating in a report released on Monday morning.
A number of other equities analysts have also recently issued reports on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Janus International Group in a research report on Friday, March 27th. KeyCorp lowered their target price on shares of Janus International Group from $12.00 to $9.00 and set an “overweight” rating for the company in a report on Thursday, March 5th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $9.17.
View Our Latest Stock Report on Janus International Group
Janus International Group Stock Down 0.8%
Shares of NYSE JBI opened at $5.47 on Monday. The company has a quick ratio of 3.04, a current ratio of 3.54 and a debt-to-equity ratio of 0.94. Janus International Group has a 52 week low of $4.74 and a 52 week high of $10.80. The firm has a 50-day moving average price of $5.83 and a 200 day moving average price of $6.87. The stock has a market capitalization of $758.87 million, a price-to-earnings ratio of 14.01 and a beta of 1.59.
Janus International Group (NYSE:JBI – Get Free Report) last announced its quarterly earnings data on Wednesday, March 4th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.04). Janus International Group had a net margin of 6.08% and a return on equity of 15.26%. The company had revenue of $226.30 million during the quarter, compared to analyst estimates of $217.45 million. During the same quarter last year, the business earned $0.57 EPS. The firm’s revenue for the quarter was down 1.9% on a year-over-year basis. Equities research analysts anticipate that Janus International Group will post 0.65 EPS for the current fiscal year.
Institutional Investors Weigh In On Janus International Group
Several institutional investors have recently bought and sold shares of the business. ProShare Advisors LLC grew its stake in Janus International Group by 6.9% during the fourth quarter. ProShare Advisors LLC now owns 24,793 shares of the company’s stock worth $162,000 after buying an additional 1,597 shares during the period. LPL Financial LLC lifted its position in shares of Janus International Group by 3.8% during the fourth quarter. LPL Financial LLC now owns 44,204 shares of the company’s stock worth $289,000 after purchasing an additional 1,608 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Janus International Group by 18.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 13,930 shares of the company’s stock worth $136,000 after purchasing an additional 2,171 shares in the last quarter. State of Wyoming lifted its position in shares of Janus International Group by 2.4% during the fourth quarter. State of Wyoming now owns 100,379 shares of the company’s stock worth $656,000 after purchasing an additional 2,339 shares in the last quarter. Finally, Clearstead Advisors LLC lifted its position in shares of Janus International Group by 130.0% during the fourth quarter. Clearstead Advisors LLC now owns 5,338 shares of the company’s stock worth $35,000 after purchasing an additional 3,017 shares in the last quarter. 88.78% of the stock is currently owned by hedge funds and other institutional investors.
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.