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

Shares of Janus International Group, Inc. (NYSE:JBI) have received a consensus rating of “Hold” from the five ratings firms that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $10.25.

A number of equities research analysts have commented on JBI shares. KeyCorp cut their target price on shares of Janus International Group from $13.00 to $11.00 and set an “overweight” rating for the company in a research report on Wednesday, October 30th. Benchmark lowered their target price on Janus International Group from $21.00 to $14.00 and set a “buy” rating on the stock in a report on Friday, August 9th. Wolfe Research lowered shares of Janus International Group from an “outperform” rating to a “peer perform” rating in a research report on Monday, August 12th. Jefferies Financial Group lowered shares of Janus International Group from a “buy” rating to a “hold” rating and cut their target price for the company from $12.00 to $7.50 in a research report on Monday, November 4th. Finally, UBS Group decreased their price target on shares of Janus International Group from $12.00 to $8.50 and set a “neutral” rating on the stock in a research report on Wednesday, October 30th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of JBI. Epoch Investment Partners Inc. purchased a new stake in shares of Janus International Group in the first quarter worth approximately $18,954,000. Swiss National Bank boosted its position in Janus International Group by 19.0% in the 1st quarter. Swiss National Bank now owns 275,500 shares of the company’s stock valued at $4,168,000 after buying an additional 44,000 shares during the period. River Road Asset Management LLC bought a new position in Janus International Group in the 3rd quarter worth about $8,256,000. Boston Partners increased its position in shares of Janus International Group by 10.3% during the first quarter. Boston Partners now owns 2,867,586 shares of the company’s stock worth $43,112,000 after acquiring an additional 267,474 shares during the period. Finally, Vanguard Group Inc. raised its position in Janus International Group by 15.6% during the 1st quarter. Vanguard Group Inc. now owns 13,453,678 shares of the company’s stock valued at $203,554,000 after purchasing an additional 1,817,144 shares in the last quarter. Institutional investors own 88.78% of the company’s stock.

Janus International Group Trading Up 0.2 %

NYSE:JBI opened at $7.11 on Friday. Janus International Group has a 12 month low of $6.68 and a 12 month high of $15.86. The company has a 50-day moving average price of $9.10 and a 200-day moving average price of $11.44. The company has a current ratio of 2.80, a quick ratio of 2.39 and a debt-to-equity ratio of 1.11. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of 9.87 and a beta of 0.92.

Janus International Group (NYSE:JBI) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.09). Janus International Group had a net margin of 10.62% and a return on equity of 21.10%. The company had revenue of $230.10 million for the quarter, compared to analysts’ expectations of $248.21 million. During the same quarter in the previous year, the firm posted $0.27 EPS. The firm’s quarterly revenue was down 17.9% compared to the same quarter last year. Equities analysts predict that Janus International Group will post 0.54 EPS 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.