Janus International Group (NYSE:JBI) PT Lowered to $12.00

Janus International Group (NYSE:JBI) had its target price dropped by research analysts at Jefferies Financial Group from $15.00 to $12.00 in a report released on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 23.33% from the company’s current price.

A number of other research firms have also weighed in on JBI. Wolfe Research lowered Janus International Group from an “outperform” rating to a “peer perform” rating in a report on Monday, August 12th. KeyCorp decreased their target price on Janus International Group from $17.00 to $15.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. Benchmark decreased 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. Finally, UBS Group decreased their target price on Janus International Group from $14.50 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, August 8th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Janus International Group has an average rating of “Moderate Buy” and an average price target of $13.25.

Janus International Group Trading Down 0.1 %

Shares of Janus International Group stock opened at $9.73 on Tuesday. Janus International Group has a 12-month low of $9.16 and a 12-month high of $15.86. The stock has a market cap of $1.42 billion, a P/E ratio of 10.24 and a beta of 0.89. The company has a quick ratio of 2.47, a current ratio of 2.82 and a debt-to-equity ratio of 1.05. The business’s 50 day moving average is $12.01 and its 200-day moving average is $13.39.

Janus International Group (NYSE:JBI) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $287.42 million. Equities research analysts predict that Janus International Group will post 0.86 earnings per share for the current fiscal year.

Insider Buying and Selling at Janus International Group

In other news, insider Peter Frayser sold 15,000 shares of the stock in a transaction on Monday, July 29th. The stock was sold at an average price of $15.00, for a total transaction of $225,000.00. Following the sale, the insider now directly owns 217,805 shares of the company’s stock, valued at approximately $3,267,075. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 3.94% of the company’s stock.

Institutional Trading of Janus International Group

Large investors have recently modified their holdings of the stock. Victory Capital Management Inc. lifted its position in shares of Janus International Group by 56.7% during the 4th quarter. Victory Capital Management Inc. now owns 723,315 shares of the company’s stock worth $9,439,000 after buying an additional 261,808 shares during the last quarter. Swiss National Bank raised its position in Janus International Group by 10.4% in the fourth quarter. Swiss National Bank now owns 231,500 shares of the company’s stock valued at $3,021,000 after purchasing an additional 21,800 shares during the last quarter. M&T Bank Corp raised its position in Janus International Group by 28.2% in the fourth quarter. M&T Bank Corp now owns 16,923 shares of the company’s stock valued at $221,000 after purchasing an additional 3,720 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Janus International Group by 2.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 711,467 shares of the company’s stock valued at $9,285,000 after purchasing an additional 18,354 shares during the last quarter. Finally, Teacher Retirement System of Texas raised its position in Janus International Group by 84.9% in the fourth quarter. Teacher Retirement System of Texas now owns 303,632 shares of the company’s stock valued at $3,962,000 after purchasing an additional 139,420 shares during the last quarter. 88.78% of the stock is owned by institutional investors and hedge funds.

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.