Janus International Group (NYSE:JBI) Now Covered by Jefferies Financial Group

Jefferies Financial Group began coverage on shares of Janus International Group (NYSE:JBI) in a research note issued to investors on Monday, MarketBeat reports. The firm issued a buy rating and a $20.00 target price on the stock.

Several other equities research analysts have also commented on JBI. Benchmark dropped 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. TheStreet upgraded Janus International Group from a c+ rating to a b- rating in a research note on Thursday, January 4th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Janus International Group presently has an average rating of Moderate Buy and a consensus price target of $16.30.

Janus International Group Stock Performance

NYSE JBI opened at $14.91 on Monday. The business’s 50-day moving average price is $14.81 and its 200 day moving average price is $12.77. Janus International Group has a twelve month low of $8.66 and a twelve month high of $15.86. The company has a market capitalization of $2.19 billion, a PE ratio of 16.21 and a beta of 0.94. The company has a current ratio of 2.66, a quick ratio of 2.38 and a debt-to-equity ratio of 1.17.

Janus International Group (NYSE:JBI) last announced its quarterly earnings results on Wednesday, February 28th. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.01). The firm had revenue of $263.70 million for the quarter, compared to analyst estimates of $284.01 million. Janus International Group had a return on equity of 30.00% and a net margin of 12.73%. The business’s revenue was down 5.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.22 earnings per share. On average, research analysts predict that Janus International Group will post 1.02 earnings per share for the current year.

Insider Activity

In other Janus International Group news, EVP Morgan Hodges sold 150,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $15.26, for a total transaction of $2,289,000.00. Following the completion of the sale, the executive vice president now owns 203,865 shares in the company, valued at approximately $3,110,979.90. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Janus International Group news, CEO Ramey Pierce Jackson sold 100,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $15.26, for a total transaction of $1,526,000.00. Following the completion of the sale, the chief executive officer now owns 564,510 shares in the company, valued at approximately $8,614,422.60. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Morgan Hodges sold 150,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $15.26, for a total value of $2,289,000.00. Following the sale, the executive vice president now owns 203,865 shares of the company’s stock, valued at approximately $3,110,979.90. The disclosure for this sale can be found here. Over the last quarter, insiders sold 340,000 shares of company stock worth $5,189,300. 42.90% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Janus International Group

A number of hedge funds have recently bought and sold shares of the business. Financial Management Professionals Inc. bought a new position in Janus International Group during the 3rd quarter worth approximately $28,000. Parkside Financial Bank & Trust bought a new position in Janus International Group during the 2nd quarter worth approximately $28,000. Ensign Peak Advisors Inc bought a new position in Janus International Group during the 3rd quarter worth approximately $30,000. Tucker Asset Management LLC bought a new position in Janus International Group during the 4th quarter worth approximately $35,000. Finally, Comerica Bank bought a new position in Janus International Group during the 3rd quarter worth approximately $35,000. Institutional investors and hedge funds own 88.78% of the company’s stock.

Janus International Group Company Profile

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.