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

Shares of Janus International Group, Inc. (NYSE:JBI) have received a consensus recommendation of “Hold” from the five ratings firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $10.1667.

Several research firms have recently commented on JBI. Zacks Research raised shares of Janus International Group to a “hold” rating in a research report on Monday, December 15th. Weiss Ratings restated a “sell (d+)” rating on shares of Janus International Group in a report on Monday, December 29th. Wall Street Zen raised Janus International Group from a “hold” rating to a “buy” rating in a research report on Monday. Finally, UBS Group decreased their target price on Janus International Group from $10.00 to $8.50 and set a “neutral” rating for the company in a research report on Friday, November 7th.

Janus International Group Price Performance

JBI stock opened at $6.96 on Monday. The stock has a market capitalization of $965.49 million, a price-to-earnings ratio of 20.46 and a beta of 1.47. The firm’s 50-day moving average price is $6.95 and its two-hundred day moving average price is $8.12. The company has a current ratio of 3.03, a quick ratio of 2.57 and a debt-to-equity ratio of 0.96. 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

A number of hedge funds have recently modified their holdings of the business. Clearstead Advisors LLC increased its stake in shares of Janus International Group by 130.0% in the 4th quarter. Clearstead Advisors LLC now owns 5,338 shares of the company’s stock worth $35,000 after acquiring an additional 3,017 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Janus International Group by 1,978.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,363 shares of the company’s stock valued at $35,000 after purchasing an additional 5,105 shares in the last quarter. AlphaQuest LLC increased its stake 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 purchasing an additional 1,445 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Janus International Group by 771.0% during the second quarter. Russell Investments Group Ltd. now owns 7,229 shares of the company’s stock valued at $59,000 after purchasing an additional 6,399 shares during the last quarter. Finally, State of Alaska Department of Revenue bought a new stake in shares of Janus International Group in the 3rd quarter worth approximately $70,000. Institutional investors own 88.78% of the company’s stock.

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.