Janus International Group (NYSE:JBI) Raised to “Buy” at Wall Street Zen

Janus International Group (NYSE:JBI) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Several other research firms have also recently issued reports on JBI. UBS Group cut their target price on Janus International Group from $10.00 to $8.50 and set a “neutral” rating for the company in a research report on Friday, November 7th. Weiss Ratings restated a “sell (d+)” rating on shares of Janus International Group in a research note on Monday, December 29th. Finally, Zacks Research upgraded shares of Janus International Group to a “hold” rating in a research report on Monday, December 15th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Janus International Group currently has a consensus rating of “Hold” and a consensus price target of $10.17.

Janus International Group Trading Down 0.1%

Shares of Janus International Group stock opened at $7.11 on Friday. Janus International Group has a fifty-two week low of $5.72 and a fifty-two week high of $10.80. The company has a debt-to-equity ratio of 0.96, a quick ratio of 2.57 and a current ratio of 3.03. The company has a market capitalization of $986.32 million, a P/E ratio of 20.90 and a beta of 1.49. The company has a fifty day moving average of $6.87 and a 200 day moving average of $8.29.

Institutional Trading of Janus International Group

A number of large investors have recently added to or reduced their stakes in JBI. Clearstead Advisors LLC raised its holdings in shares of Janus International Group by 130.0% during the 4th quarter. Clearstead Advisors LLC now owns 5,338 shares of the company’s stock worth $35,000 after acquiring an additional 3,017 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Janus International Group by 1,978.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,363 shares of the company’s stock worth $35,000 after purchasing an additional 5,105 shares during the last quarter. AlphaQuest LLC increased its position in Janus International Group by 28.4% in the second quarter. AlphaQuest LLC now owns 6,536 shares of the company’s stock worth $53,000 after purchasing an additional 1,445 shares during the last quarter. Russell Investments Group Ltd. raised its stake in Janus International Group by 771.0% during the second quarter. Russell Investments Group Ltd. now owns 7,229 shares of the company’s stock valued at $59,000 after purchasing an additional 6,399 shares in the last quarter. Finally, State of Alaska Department of Revenue bought a new position in Janus International Group during the third quarter valued at $70,000. Institutional investors own 88.78% of the company’s stock.

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.