Analysts Set Janus International Group, Inc. (NYSE:JBI) PT at $8.33

Shares of Janus International Group, Inc. (NYSE:JBI) have been given a consensus recommendation of “Hold” by the five brokerages that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $8.3333.

Several research firms have commented on JBI. Weiss Ratings reissued a “sell (d+)” rating on shares of Janus International Group in a research report on Friday, March 27th. Wall Street Zen lowered shares of Janus International Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. KeyCorp reduced their target price on Janus International Group from $12.00 to $9.00 and set an “overweight” rating on the stock in a research report on Thursday, March 5th. Finally, UBS Group reduced their target price on Janus International Group from $7.25 to $6.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 13th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. ProShare Advisors LLC increased its position in Janus International Group by 6.9% during the 4th quarter. ProShare Advisors LLC now owns 24,793 shares of the company’s stock valued at $162,000 after buying an additional 1,597 shares in the last quarter. LPL Financial LLC increased its position in Janus International Group by 3.8% during the 4th quarter. LPL Financial LLC now owns 44,204 shares of the company’s stock valued at $289,000 after buying an additional 1,608 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Janus International Group by 18.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 13,930 shares of the company’s stock valued at $136,000 after buying an additional 2,171 shares in the last quarter. State of Wyoming increased its position in Janus International Group by 2.4% during the 4th quarter. State of Wyoming now owns 100,379 shares of the company’s stock valued at $656,000 after buying an additional 2,339 shares in the last quarter. Finally, Clearstead Advisors LLC increased its position in Janus International Group by 130.0% during the 4th quarter. Clearstead Advisors LLC now owns 5,338 shares of the company’s stock valued at $35,000 after buying an additional 3,017 shares in the last quarter. 88.78% of the stock is owned by institutional investors and hedge funds.

Janus International Group Trading Up 6.2%

Shares of NYSE JBI opened at $5.04 on Friday. The firm has a market cap of $699.15 million, a PE ratio of 16.24 and a beta of 1.49. The company has a quick ratio of 2.19, a current ratio of 2.65 and a debt-to-equity ratio of 0.96. Janus International Group has a twelve month low of $4.26 and a twelve month high of $10.80. The business has a fifty day simple moving average of $5.24 and a two-hundred day simple moving average of $6.24.

Janus International Group (NYSE:JBI) last posted its earnings results 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 company had revenue of $222.70 million during the quarter, compared to analysts’ expectations of $219.21 million. Janus International Group had a net margin of 4.82% and a return on equity of 12.18%. Janus International Group’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.13 EPS. Analysts expect that Janus International Group will post 0.6 earnings per share for the current fiscal 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.