Janus International Group, Inc. (NYSE:JBI) Receives $10.25 Consensus PT from Analysts

Janus International Group, Inc. (NYSE:JBI) has been given an average rating of “Hold” by the five analysts that are presently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $10.25.

Several equities analysts have commented on JBI shares. Wolfe Research downgraded shares of Janus International Group from an “outperform” rating to a “peer perform” rating in a research note on Monday, August 12th. KeyCorp reduced their price target on Janus International Group from $13.00 to $11.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 30th. Benchmark lowered their price objective on Janus International Group from $21.00 to $14.00 and set a “buy” rating for the company in a research report on Friday, August 9th. Jefferies Financial Group cut shares of Janus International Group from a “buy” rating to a “hold” rating and reduced their target price for the company from $12.00 to $7.50 in a report on Monday, November 4th. Finally, UBS Group lowered their price target on shares of Janus International Group from $12.00 to $8.50 and set a “neutral” rating for the company in a report on Wednesday, October 30th.

Janus International Group Price Performance

JBI opened at $7.41 on Friday. The stock’s 50-day moving average price is $9.00 and its 200 day moving average price is $11.37. Janus International Group has a 12-month low of $6.68 and a 12-month high of $15.86. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 10.29 and a beta of 0.92. The company has a current ratio of 2.80, a quick ratio of 2.39 and a debt-to-equity ratio of 1.11.

Janus International Group (NYSE:JBI) last issued its quarterly earnings results on Tuesday, October 29th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.09). The business had revenue of $230.10 million for the quarter, compared to analyst estimates of $248.21 million. Janus International Group had a return on equity of 21.10% and a net margin of 10.62%. The firm’s revenue for the quarter was down 17.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.27 EPS. As a group, sell-side analysts expect that Janus International Group will post 0.54 earnings per share for the current year.

Hedge Funds Weigh In On Janus International Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JBI. Entropy Technologies LP grew its position in shares of Janus International Group by 4.5% in the 1st quarter. Entropy Technologies LP now owns 21,126 shares of the company’s stock valued at $320,000 after buying an additional 901 shares during the last quarter. Sage Mountain Advisors LLC grew its holdings in shares of Janus International Group by 4.5% during the second quarter. Sage Mountain Advisors LLC now owns 23,200 shares of the company’s stock worth $293,000 after purchasing an additional 990 shares during the last quarter. ProShare Advisors LLC increased its position in shares of Janus International Group by 8.5% during the first quarter. ProShare Advisors LLC now owns 15,267 shares of the company’s stock worth $231,000 after purchasing an additional 1,201 shares in the last quarter. Atria Investments Inc lifted its holdings in shares of Janus International Group by 13.4% in the 3rd quarter. Atria Investments Inc now owns 13,889 shares of the company’s stock valued at $140,000 after purchasing an additional 1,643 shares during the last quarter. Finally, Amalgamated Bank boosted its position in shares of Janus International Group by 73.2% in the 2nd quarter. Amalgamated Bank now owns 4,909 shares of the company’s stock valued at $62,000 after purchasing an additional 2,074 shares during the period. 88.78% of the stock is owned by institutional investors and hedge funds.

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.