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

by · The Cerbat Gem

Janus International Group, Inc. (NYSE:JBI – Get Free Report) has been assigned a consensus recommendation of “Hold” from the five analysts that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $8.3333.

Several analysts have issued reports on the company. Wall Street Zen lowered Janus International Group from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. UBS Group decreased their price objective on Janus International Group from $7.25 to $6.00 and set a “neutral” rating for the company in a report on Wednesday, May 13th. Weiss Ratings restated 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 on the stock in a report on Thursday, March 5th.

Check Out Our Latest Analysis on JBI

Janus International Group Stock Up 6.8%

JBI opened at $5.28 on Wednesday. Janus International Group has a twelve month low of $4.26 and a twelve month high of $10.80. The company’s 50-day moving average price is $5.20 and its two-hundred day moving average price is $6.05. The stock has a market cap of $732.49 million, a price-to-earnings ratio of 17.02 and a beta of 1.48. 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 (NYSE:JBI – Get Free Report) last posted its quarterly 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). Janus International Group had a return on equity of 12.18% and a net margin of 4.82%.The company had revenue of $222.70 million during the quarter, compared to the consensus estimate of $219.21 million. During the same period last year, the firm posted $0.13 EPS. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. As a group, equities analysts expect that Janus International Group will post 0.5 earnings per share for the current year.

Institutional Trading of Janus International Group

A number of institutional investors have recently modified their holdings of JBI. Royal Bank of Canada grew its stake in Janus International Group by 23.6% in the 1st quarter. Royal Bank of Canada now owns 150,581 shares of the company’s stock valued at $1,084,000 after buying an additional 28,709 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of Janus International Group by 66.4% in the first quarter. AQR Capital Management LLC now owns 272,602 shares of the company’s stock worth $1,963,000 after acquiring an additional 108,809 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in shares of Janus International Group in the first quarter valued at $231,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Janus International Group by 5.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 279,787 shares of the company’s stock valued at $2,014,000 after purchasing an additional 14,125 shares in the last quarter. Finally, Jane Street Group LLC raised its stake in shares of Janus International Group by 118.1% during the 1st quarter. Jane Street Group LLC now owns 189,655 shares of the company’s stock valued at $1,366,000 after purchasing an additional 102,679 shares during the period. 88.78% of the stock is currently owned by hedge funds and other institutional investors.

About Janus International Group

(Get Free Report)

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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