Janus International Group (NYSE:JBI) Lowered to Hold Rating by Wall Street Zen

Wall Street Zen downgraded shares of Janus International Group (NYSE:JBI) from a buy rating to a hold rating in a research report released on Saturday.

A number of other analysts have also commented on JBI. UBS Group cut their price target on Janus International Group from $10.00 to $8.50 and set a “neutral” rating on the stock in a research note on Friday. Jefferies Financial Group lifted their target price on shares of Janus International Group from $9.00 to $10.00 and gave the stock a “hold” rating in a research report on Wednesday, August 20th. KeyCorp upped their price target on shares of Janus International Group from $10.00 to $12.00 and gave the company an “overweight” rating in a research report on Friday, August 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Janus International Group in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Janus International Group presently has a consensus rating of “Hold” and an average price target of $10.17.

Janus International Group Stock Performance

NYSE JBI opened at $6.73 on Friday. The firm’s fifty day moving average price is $9.86 and its two-hundred day moving average price is $9.06. The stock has a market cap of $934.87 million, a PE ratio of 19.80 and a beta of 1.34. The company has a debt-to-equity ratio of 1.00, a quick ratio of 2.26 and a current ratio of 2.61. Janus International Group has a fifty-two week low of $5.99 and a fifty-two week high of $10.80.

Janus International Group (NYSE:JBI) last released its quarterly earnings data on Monday, March 28th. The company reported $0.24 earnings per share for the quarter. The company had revenue of $148.59 million for the quarter. Janus International Group had a return on equity of 14.38% and a net margin of 5.29%. On average, equities analysts expect that Janus International Group will post 0.54 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in JBI. American Century Companies Inc. boosted its stake in shares of Janus International Group by 914.9% in the 1st quarter. American Century Companies Inc. now owns 3,633,684 shares of the company’s stock valued at $26,163,000 after purchasing an additional 3,275,656 shares during the last quarter. Pacer Advisors Inc. acquired a new position in Janus International Group in the first quarter valued at $8,621,000. Bank of New York Mellon Corp lifted its holdings in Janus International Group by 214.6% in the second quarter. Bank of New York Mellon Corp now owns 1,460,418 shares of the company’s stock valued at $11,888,000 after buying an additional 996,185 shares during the period. Epoch Investment Partners Inc. boosted its position in Janus International Group by 634.8% during the first quarter. Epoch Investment Partners Inc. now owns 777,405 shares of the company’s stock valued at $5,597,000 after acquiring an additional 671,600 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in Janus International Group by 35.8% during the 2nd quarter. Invesco Ltd. now owns 2,296,001 shares of the company’s stock worth $18,689,000 after acquiring an additional 605,262 shares during the period. 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.