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

Shares of Janus International Group, Inc. (NYSE:JBI) have been assigned an average recommendation of “Hold” from the five research firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $8.3333.

Several equities analysts recently issued reports on the stock. Weiss Ratings restated a “sell (d+)” rating on shares of Janus International Group in a report on Wednesday, June 24th. Wall Street Zen lowered Janus International Group from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, UBS Group dropped their price objective on Janus International Group from $7.25 to $6.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 13th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada increased its stake in Janus International Group by 23.6% in the first quarter. Royal Bank of Canada now owns 150,581 shares of the company’s stock valued at $1,084,000 after purchasing an additional 28,709 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Janus International Group by 66.4% during the 1st quarter. AQR Capital Management LLC now owns 272,602 shares of the company’s stock worth $1,963,000 after purchasing an additional 108,809 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Janus International Group in the 1st quarter valued at about $231,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Janus International Group by 5.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 279,787 shares of the company’s stock valued at $2,014,000 after buying an additional 14,125 shares during the period. Finally, Jane Street Group LLC increased its position in Janus International Group by 118.1% in the 1st quarter. Jane Street Group LLC now owns 189,655 shares of the company’s stock valued at $1,366,000 after buying an additional 102,679 shares in the last quarter. 88.78% of the stock is owned by institutional investors.

Janus International Group Trading Up 0.7%

NYSE JBI opened at $5.17 on Friday. The firm has a market capitalization of $717.21 million, a PE ratio of 16.66 and a beta of 1.46. The business’s 50-day moving average price is $5.22 and its two-hundred day moving average price is $5.89. The company has a current ratio of 2.65, a quick ratio of 2.19 and a debt-to-equity ratio of 0.96. Janus International Group has a 12 month low of $4.26 and a 12 month high of $10.80.

Janus International Group (NYSE:JBI) last released its quarterly 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). Janus International Group had a return on equity of 12.18% and a net margin of 4.82%.The firm had revenue of $222.70 million for the quarter, compared to the consensus estimate of $219.21 million. During the same quarter in the previous year, the business posted $0.13 EPS. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. On average, analysts expect that Janus International Group will post 0.5 EPS for the current 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.