Janus International Group, Inc. (NYSE:JBI) Given Average Rating of “Moderate Buy” by Analysts

Janus International Group, Inc. (NYSE:JBI) has earned an average rating of “Moderate Buy” from the five research firms that are presently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $12.75.

Several equities analysts have weighed in on JBI shares. Benchmark lowered their price target on shares of Janus International Group from $21.00 to $14.00 and set a “buy” rating on the stock in a report on Friday, August 9th. UBS Group dropped their target price on shares of Janus International Group from $14.50 to $12.00 and set a “neutral” rating for the company in a report on Thursday, August 8th. Jefferies Financial Group lowered their price objective on Janus International Group from $15.00 to $12.00 and set a “buy” rating on the stock in a research report on Tuesday, September 10th. KeyCorp cut their target price on Janus International Group from $15.00 to $13.00 and set an “overweight” rating for the company in a research report on Monday, October 14th. Finally, Wolfe Research cut Janus International Group from an “outperform” rating to a “peer perform” rating in a report on Monday, August 12th.

Insider Transactions at Janus International Group

In related news, insider Peter Frayser sold 15,000 shares of the firm’s stock in a transaction on Monday, July 29th. The shares were sold at an average price of $15.00, for a total value of $225,000.00. Following the completion of the transaction, the insider now directly owns 217,805 shares of the company’s stock, valued at approximately $3,267,075. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 3.94% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in JBI. Silvercrest Asset Management Group LLC purchased a new position in shares of Janus International Group during the 1st quarter worth about $44,026,000. Vanguard Group Inc. grew its stake in shares of Janus International Group by 26.8% during the fourth quarter. Vanguard Group Inc. now owns 11,636,534 shares of the company’s stock valued at $151,857,000 after buying an additional 2,458,953 shares during the last quarter. Victory Capital Management Inc. grew its stake in shares of Janus International Group by 2,063.3% during the second quarter. Victory Capital Management Inc. now owns 1,339,287 shares of the company’s stock valued at $16,915,000 after buying an additional 1,277,377 shares during the last quarter. Epoch Investment Partners Inc. purchased a new stake in shares of Janus International Group in the first quarter worth approximately $18,954,000. Finally, Vaughan Nelson Investment Management L.P. lifted its stake in shares of Janus International Group by 23.2% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 5,248,730 shares of the company’s stock worth $79,414,000 after acquiring an additional 988,435 shares during the last quarter. Institutional investors own 88.78% of the company’s stock.

Janus International Group Price Performance

Shares of Janus International Group stock opened at $10.20 on Tuesday. The stock has a market cap of $1.49 billion, a P/E ratio of 10.73 and a beta of 0.88. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.47 and a current ratio of 2.82. The stock’s fifty day moving average is $10.31 and its 200 day moving average is $12.45. Janus International Group has a one year low of $9.16 and a one year high of $15.86.

Janus International Group (NYSE:JBI) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.07). Janus International Group had a return on equity of 26.03% and a net margin of 12.52%. The company had revenue of $248.40 million during the quarter, compared to the consensus estimate of $287.42 million. Sell-side analysts anticipate that Janus International Group will post 0.84 earnings per share for the current year.

About Janus International Group

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.