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

Shares of Janus International Group, Inc. (NYSE:JBI) have been given a consensus rating of “Hold” by the five ratings firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has given a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $8.3333.

A number of equities research analysts have weighed in on JBI shares. Wall Street Zen lowered shares of Janus International Group from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Janus International Group in a report on Wednesday, June 24th. Finally, UBS Group reduced their price objective on shares of Janus International Group from $7.25 to $6.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 13th.

Institutional Investors Weigh In On Janus International Group

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Clearstead Advisors LLC raised 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 acquiring an additional 3,017 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Janus International Group by 1,978.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,363 shares of the company’s stock valued at $35,000 after acquiring an additional 5,105 shares during the last quarter. Russell Investments Group Ltd. increased its position in Janus International Group by 771.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 7,229 shares of the company’s stock valued at $59,000 after purchasing an additional 6,399 shares during the period. Sanctuary Advisors LLC bought a new position in Janus International Group during the 4th quarter worth approximately $71,000. Finally, New York State Teachers Retirement System acquired a new position in shares of Janus International Group in the 4th quarter worth approximately $81,000. Institutional investors and hedge funds own 88.78% of the company’s stock.

Janus International Group Stock Performance

Shares of JBI stock opened at $5.14 on Thursday. The firm has a market capitalization of $714.43 million, a price-to-earnings ratio of 16.60 and a beta of 1.46. The company has a current ratio of 2.65, a quick ratio of 2.19 and a debt-to-equity ratio of 0.96. The business’s 50-day moving average price is $5.29 and its 200-day moving average price is $5.75. Janus International Group has a 12 month low of $4.26 and a 12 month high of $10.80.

Janus International Group (NYSE:JBI) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.09). The firm had revenue of $222.70 million during the quarter, compared to analyst estimates of $219.21 million. Janus International Group had a net margin of 4.82% and a return on equity of 12.18%. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.13 EPS. Equities research analysts forecast that Janus International Group will post 0.5 EPS for the current year.

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.