Janus International Group (JBI) Scheduled to Post Earnings on Thursday

Janus International Group (NYSE:JBI) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, May 9th. Analysts expect Janus International Group to post earnings of $0.19 per share for the quarter. Janus International Group has set its FY 2024 guidance at EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.

Janus International Group (NYSE:JBI) last announced its earnings results on Wednesday, February 28th. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.01). Janus International Group had a return on equity of 30.00% and a net margin of 12.73%. The business had revenue of $263.70 million for the quarter, compared to analysts’ expectations of $284.01 million. During the same period in the previous year, the firm posted $0.22 earnings per share. The firm’s revenue was down 5.7% compared to the same quarter last year. On average, analysts expect Janus International Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Janus International Group Stock Down 2.6 %

Shares of NYSE JBI opened at $14.04 on Thursday. Janus International Group has a 1 year low of $8.66 and a 1 year high of $15.86. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 15.26 and a beta of 0.94. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.38 and a current ratio of 2.66. The stock’s 50-day simple moving average is $14.75 and its 200-day simple moving average is $13.06.

Analyst Ratings Changes

A number of research firms recently commented on JBI. Benchmark decreased their price target on Janus International Group from $22.00 to $21.00 and set a “buy” rating for the company in a research note on Friday, March 1st. Jefferies Financial Group began coverage on Janus International Group in a research note on Monday, April 15th. They issued a “buy” rating and a $20.00 price target for the company. Finally, TheStreet upgraded Janus International Group from a “c+” rating to a “b-” rating in a research note on Thursday, January 4th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $16.30.

Insider Buying and Selling at Janus International Group

In other Janus International Group news, CEO Ramey Pierce Jackson sold 100,000 shares of Janus International Group stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $15.26, for a total value of $1,526,000.00. Following the completion of the transaction, the chief executive officer now directly owns 564,510 shares in the company, valued at $8,614,422.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Janus International Group news, CEO Ramey Pierce Jackson sold 100,000 shares of Janus International Group stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $15.26, for a total value of $1,526,000.00. Following the completion of the transaction, the chief executive officer now directly owns 564,510 shares in the company, valued at $8,614,422.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Norman V. Nettie sold 90,000 shares of Janus International Group stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $15.27, for a total value of $1,374,300.00. Following the completion of the transaction, the vice president now owns 285,786 shares of the company’s stock, valued at $4,363,952.22. The disclosure for this sale can be found here. Insiders sold a total of 340,000 shares of company stock worth $5,189,300 over the last ninety days. Company insiders own 42.90% of the company’s stock.

About Janus International Group

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.