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

Shares of Janus International Group, Inc. (NYSE:JBI) have received a consensus rating of “Hold” from the five analysts that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $9.1667.

Several equities research analysts have recently weighed in on the company. Zacks Research upgraded Janus International Group to a “hold” rating in a research report on Monday, December 15th. Wall Street Zen lowered shares of Janus International Group from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Janus International Group in a report on Monday, December 29th. Finally, KeyCorp cut their price target on shares of Janus International Group from $12.00 to $9.00 and set an “overweight” rating for the company in a report on Thursday, March 5th.

Institutional Investors Weigh In On Janus International Group

Several large investors have recently added to or reduced their stakes in JBI. Boston Partners raised its holdings in shares of Janus International Group by 20.4% during the 2nd quarter. Boston Partners now owns 2,660,527 shares of the company’s stock valued at $21,978,000 after buying an additional 450,566 shares in the last quarter. Teacher Retirement System of Texas boosted its stake in Janus International Group by 117.6% in the third quarter. Teacher Retirement System of Texas now owns 779,309 shares of the company’s stock worth $7,692,000 after buying an additional 421,205 shares in the last quarter. Hillsdale Investment Management Inc. bought a new position in Janus International Group during the third quarter valued at approximately $6,813,000. Geode Capital Management LLC raised its stake in shares of Janus International Group by 0.6% during the second quarter. Geode Capital Management LLC now owns 3,237,347 shares of the company’s stock worth $26,355,000 after acquiring an additional 18,704 shares in the last quarter. Finally, Anchor Capital Management Company LLC raised its stake in shares of Janus International Group by 55.4% during the third quarter. Anchor Capital Management Company LLC now owns 554,663 shares of the company’s stock worth $5,475,000 after acquiring an additional 197,740 shares in the last quarter. Institutional investors own 88.78% of the company’s stock.

Janus International Group Price Performance

Shares of NYSE JBI opened at $5.18 on Friday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 3.04 and a current ratio of 3.54. Janus International Group has a fifty-two week low of $4.94 and a fifty-two week high of $10.80. The stock has a market cap of $718.59 million, a PE ratio of 13.27 and a beta of 1.47. The stock has a fifty day moving average of $6.50 and a 200-day moving average of $7.53.

Janus International Group (NYSE:JBI) last issued its quarterly earnings data on Wednesday, March 4th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.04). Janus International Group had a return on equity of 15.26% and a net margin of 6.08%.The company had revenue of $226.30 million for the quarter, compared to analysts’ expectations of $217.45 million. During the same period last year, the company posted $0.57 EPS. The business’s revenue for the quarter was down 1.9% on a year-over-year basis. Equities research analysts anticipate that Janus International Group will post 0.54 earnings per share for the current year.

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.