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

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

A number of brokerages have weighed in on JBI. Zacks Research upgraded shares of Janus International Group to a “hold” rating in a research report on Monday, December 15th. Wall Street Zen cut Janus International Group from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Weiss Ratings reissued a “sell (d+)” rating on shares of Janus International Group in a report on Monday, December 29th. Finally, UBS Group reduced their target price on Janus International Group from $10.00 to $8.50 and set a “neutral” rating for the company in a research note on Friday, November 7th.

Janus International Group Price Performance

Shares of NYSE JBI opened at $7.18 on Thursday. The company has a debt-to-equity ratio of 0.96, a current ratio of 3.03 and a quick ratio of 2.57. The stock has a market capitalization of $996.73 million, a price-to-earnings ratio of 21.12 and a beta of 1.49. The firm’s 50 day simple moving average is $6.79 and its 200-day simple moving average is $8.33. Janus International Group has a 12 month low of $5.72 and a 12 month high of $10.80.

Institutional Trading of Janus International Group

Several institutional investors have recently modified their holdings of JBI. Clearstead Advisors LLC lifted its stake in Janus International Group by 130.0% in 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. AlphaQuest LLC raised its holdings in shares of Janus International Group by 28.4% during the second quarter. AlphaQuest LLC now owns 6,536 shares of the company’s stock valued at $53,000 after acquiring an additional 1,445 shares during the last quarter. Russell Investments Group Ltd. lifted its position in shares of Janus International Group by 771.0% in the second quarter. Russell Investments Group Ltd. now owns 7,229 shares of the company’s stock valued at $59,000 after acquiring an additional 6,399 shares in the last quarter. State of Alaska Department of Revenue acquired a new stake in shares of Janus International Group in the third quarter worth approximately $70,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Janus International Group in the fourth quarter worth approximately $71,000. Institutional investors and hedge funds own 88.78% of the company’s stock.

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.