Janus International Group’s (JBI) Hold (C) Rating Reaffirmed at Weiss Ratings

Janus International Group (NYSE:JBI)‘s stock had its “hold (c)” rating restated by analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

JBI has been the subject of a number of other research reports. Jefferies Financial Group increased their price objective on Janus International Group from $9.00 to $10.00 and gave the company a “hold” rating in a research note on Wednesday, August 20th. UBS Group increased their price objective on Janus International Group from $9.00 to $10.00 and gave the company a “neutral” rating in a research note on Friday, August 8th. Wall Street Zen raised Janus International Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 9th. Finally, KeyCorp increased their price objective on Janus International Group from $10.00 to $12.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $10.67.

Janus International Group Stock Up 1.7%

Shares of NYSE JBI opened at $9.95 on Wednesday. Janus International Group has a 12 month low of $5.99 and a 12 month high of $10.80. The company has a current ratio of 2.61, a quick ratio of 2.26 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of 32.10 and a beta of 1.34. The business has a 50-day moving average of $9.99 and a 200-day moving average of $8.61.

Janus International Group (NYSE:JBI) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.15 by $0.05. Janus International Group had a return on equity of 13.10% and a net margin of 4.85%.The company had revenue of $228.10 million during the quarter, compared to analyst estimates of $216.99 million. During the same quarter in the previous year, the firm earned $0.21 earnings per share. Janus International Group’s revenue was down 8.2% on a year-over-year basis. Janus International Group has set its FY 2025 guidance at EPS. Sell-side analysts expect that Janus International Group will post 0.54 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. AlphaQuest LLC lifted its position in shares of Janus International Group by 336.2% during the 1st quarter. AlphaQuest LLC now owns 5,091 shares of the company’s stock valued at $37,000 after buying an additional 3,924 shares in the last quarter. Quarry LP purchased a new position in Janus International Group in the 1st quarter worth approximately $43,000. Russell Investments Group Ltd. lifted its holdings in Janus International Group by 771.0% in the 2nd 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 in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in Janus International Group in the 1st quarter worth approximately $72,000. Finally, CWM LLC lifted its holdings in Janus International Group by 571.1% in the 1st quarter. CWM LLC now owns 11,012 shares of the company’s stock worth $79,000 after purchasing an additional 9,371 shares in the last quarter. 88.78% of the stock is owned by hedge funds and other institutional investors.

About Janus International Group

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.