Janus International Group (NYSE:JBI) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Janus International Group (NYSE:JBI) from a hold rating to a buy rating in a research note released on Sunday morning.

Several other equities research analysts also recently commented on JBI. Jefferies Financial Group boosted their target price on shares of Janus International Group from $9.00 to $10.00 and gave the company a “hold” rating in a research note on Wednesday, August 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Janus International Group in a report on Wednesday, October 8th. UBS Group decreased their price objective on shares of Janus International Group from $10.00 to $8.50 and set a “neutral” rating on the stock in a research note on Friday, November 7th. Finally, KeyCorp raised their price objective on shares of Janus International Group from $10.00 to $12.00 and gave the stock an “overweight” rating in a report on Friday, August 8th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Janus International Group presently has an average rating of “Hold” and a consensus target price of $10.17.

Janus International Group Trading Down 1.4%

JBI stock opened at $5.88 on Friday. Janus International Group has a 1-year low of $5.80 and a 1-year high of $10.80. The company has a current ratio of 3.03, a quick ratio of 2.57 and a debt-to-equity ratio of 0.96. The business’s 50 day moving average is $9.29 and its 200-day moving average is $9.04. The firm has a market cap of $815.57 million, a P/E ratio of 17.28 and a beta of 1.34.

Janus International Group (NYSE:JBI) last posted its earnings results on Monday, March 28th. The company reported $0.24 EPS for the quarter. Janus International Group had a return on equity of 14.18% and a net margin of 5.29%.The business had revenue of $148.59 million during the quarter. Equities analysts anticipate that Janus International Group will post 0.54 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Janus International Group

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Teacher Retirement System of Texas acquired a new position in shares of Janus International Group during the first quarter valued at $149,000. Principal Financial Group Inc. raised its holdings in Janus International Group by 1.1% during the 1st quarter. Principal Financial Group Inc. now owns 212,713 shares of the company’s stock worth $1,532,000 after purchasing an additional 2,338 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Janus International Group by 70.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 207,265 shares of the company’s stock valued at $1,492,000 after purchasing an additional 85,621 shares during the period. Cerity Partners LLC boosted its stake in shares of Janus International Group by 63.3% in the 1st quarter. Cerity Partners LLC now owns 49,366 shares of the company’s stock valued at $355,000 after purchasing an additional 19,138 shares during the last quarter. Finally, CWM LLC boosted its stake in shares of Janus International Group by 571.1% in the 1st quarter. CWM LLC now owns 11,012 shares of the company’s stock valued at $79,000 after purchasing an additional 9,371 shares during the last quarter. 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.