Janus International Group (NYSE:JBI) Price Target Lowered to $6.00 at UBS Group

Janus International Group (NYSE:JBIFree Report) had its target price cut by UBS Group from $7.25 to $6.00 in a research report report published on Wednesday morning,Benzinga reports. They currently have a neutral rating on the stock.

A number of other analysts have also commented 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. Weiss Ratings reissued a “sell (d+)” rating on shares of Janus International Group in a research note on Friday, March 27th. Finally, KeyCorp cut their price target on Janus International Group from $12.00 to $9.00 and set an “overweight” rating on the stock in a research note on Thursday, March 5th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Janus International Group presently has an average rating of “Hold” and an average target price of $8.33.

Check Out Our Latest Stock Analysis on JBI

Janus International Group Stock Performance

NYSE JBI opened at $5.07 on Wednesday. The firm’s fifty day moving average price is $5.36 and its two-hundred day moving average price is $6.42. The stock has a market cap of $703.33 million, a PE ratio of 16.34 and a beta of 1.49. Janus International Group has a fifty-two week low of $4.26 and a fifty-two week high of $10.80. The company has a debt-to-equity ratio of 0.94, a quick ratio of 3.04 and a current ratio of 3.54.

Janus International Group (NYSE:JBIGet Free Report) last posted its earnings results on Tuesday, May 12th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.09). The company had revenue of $222.70 million for the quarter, compared to the consensus estimate of $219.21 million. Janus International Group had a return on equity of 12.18% and a net margin of 4.82%.The business’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.13 EPS. On average, equities analysts expect that Janus International Group will post 0.65 EPS for the current fiscal year.

Hedge Funds Weigh In On Janus International Group

Hedge funds have recently modified their holdings of the business. Clearstead Advisors LLC lifted its holdings 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 during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Janus International Group by 1,978.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,363 shares of the company’s stock worth $35,000 after purchasing an additional 5,105 shares during the period. State of Alaska Department of Revenue acquired a new position in shares of Janus International Group during the third quarter worth $70,000. Russell Investments Group Ltd. lifted its holdings in shares of Janus International Group by 771.0% during the second quarter. Russell Investments Group Ltd. now owns 7,229 shares of the company’s stock worth $59,000 after purchasing an additional 6,399 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in shares of Janus International Group during the fourth quarter worth $71,000. Institutional investors and hedge funds own 88.78% of the company’s stock.

More Janus International Group News

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About Janus International Group

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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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Analyst Recommendations for Janus International Group (NYSE:JBI)

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