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

Shares of Janus International Group, Inc. (NYSE:JBI) have received a consensus rating of “Hold” from the five ratings firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $10.1667.

Several brokerages recently commented on JBI. Zacks Research upgraded shares of Janus International Group to a “hold” rating in a report on Monday, December 15th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Janus International Group in a research note on Monday, December 29th. Wall Street Zen downgraded Janus International Group from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Finally, UBS Group dropped their price objective on Janus International Group from $10.00 to $8.50 and set a “neutral” rating for the company in a report on Friday, November 7th.

Janus International Group Stock Up 1.6%

Shares of JBI opened at $7.09 on Friday. The company has a quick ratio of 2.57, a current ratio of 3.03 and a debt-to-equity ratio of 0.96. The business has a fifty day moving average of $6.63 and a 200 day moving average of $8.59. The company has a market cap of $983.54 million, a PE ratio of 20.84 and a beta of 1.44. Janus International Group has a 52-week low of $5.72 and a 52-week high of $10.80.

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

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. CIBC Bancorp USA Inc. bought a new stake in Janus International Group during the 3rd quarter valued at about $143,000. Danske Bank A S purchased a new position in shares of Janus International Group during the third quarter worth approximately $4,917,000. Wasatch Advisors LP raised its stake in shares of Janus International Group by 37.5% during the third quarter. Wasatch Advisors LP now owns 5,262,405 shares of the company’s stock valued at $51,940,000 after acquiring an additional 1,435,777 shares in the last quarter. Verition Fund Management LLC boosted its holdings in shares of Janus International Group by 6.9% in the third quarter. Verition Fund Management LLC now owns 86,180 shares of the company’s stock valued at $851,000 after purchasing an additional 5,597 shares during the period. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of Janus International Group in the third quarter valued at approximately $1,058,000. 88.78% of the stock is currently owned by institutional investors.

About Janus International Group

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.