Brokerages Set Janus International Group, Inc. (NYSE:JBI) PT at $15.25

Janus International Group, Inc. (NYSE:JBI) has been assigned an average rating of “Moderate Buy” from the five ratings firms that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $15.25.

Several equities analysts have issued reports on JBI shares. UBS Group dropped their price objective on Janus International Group from $14.50 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, August 8th. Wolfe Research downgraded Janus International Group from an “outperform” rating to a “peer perform” rating in a report on Monday, August 12th. Benchmark cut their target price on shares of Janus International Group from $21.00 to $14.00 and set a “buy” rating on the stock in a report on Friday, August 9th. Finally, KeyCorp decreased their price target on shares of Janus International Group from $17.00 to $15.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th.

Janus International Group Price Performance

Janus International Group stock opened at $10.41 on Monday. The stock has a market cap of $1.52 billion, a P/E ratio of 10.96 and a beta of 0.89. The company has a fifty day simple moving average of $12.16 and a 200-day simple moving average of $13.51. The company has a current ratio of 2.82, a quick ratio of 2.47 and a debt-to-equity ratio of 1.05. Janus International Group has a 12-month low of $9.16 and a 12-month high of $15.86.

Janus International Group (NYSE:JBI) last released its quarterly earnings data on Wednesday, August 7th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.07). The business had revenue of $248.40 million for the quarter, compared to analyst estimates of $287.42 million. Janus International Group had a return on equity of 26.03% and a net margin of 12.52%. Equities analysts expect that Janus International Group will post 0.86 EPS for the current fiscal year.

Insider Transactions at Janus International Group

In other Janus International Group news, insider Peter Frayser sold 15,000 shares of the stock in a transaction on Monday, July 29th. The stock was sold at an average price of $15.00, for a total value of $225,000.00. Following the completion of the transaction, the insider now owns 217,805 shares in the company, valued at $3,267,075. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 3.94% of the company’s stock.

Institutional Investors Weigh In On Janus International Group

Several institutional investors have recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Janus International Group by 15.6% during the 1st quarter. Vanguard Group Inc. now owns 13,453,678 shares of the company’s stock worth $203,554,000 after purchasing an additional 1,817,144 shares in the last quarter. Vaughan Nelson Investment Management L.P. raised its stake in Janus International Group by 15.0% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 6,036,730 shares of the company’s stock valued at $76,243,000 after purchasing an additional 788,000 shares during the last quarter. Cooke & Bieler LP boosted its stake in shares of Janus International Group by 33.8% during the 2nd quarter. Cooke & Bieler LP now owns 3,825,764 shares of the company’s stock worth $48,319,000 after purchasing an additional 966,346 shares during the last quarter. Wasatch Advisors LP boosted its position in Janus International Group by 16.1% during the fourth quarter. Wasatch Advisors LP now owns 3,550,632 shares of the company’s stock worth $46,336,000 after acquiring an additional 493,417 shares during the last quarter. Finally, DAVENPORT & Co LLC grew its stake in Janus International Group by 11.9% in the 1st quarter. DAVENPORT & Co LLC now owns 3,247,173 shares of the company’s stock worth $49,130,000 after acquiring an additional 345,448 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 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.