Brokerages Set Janus International Group, Inc. (NYSE:JBI) PT at $12.75

Shares of Janus International Group, Inc. (NYSE:JBI) have been assigned a consensus recommendation of “Moderate Buy” from the five analysts that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $12.75.

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

Insider Buying and Selling

In other Janus International Group news, insider Peter Frayser sold 15,000 shares of the business’s stock in a transaction dated Monday, July 29th. The shares were 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 $3,267,075. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 3.94% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Epoch Investment Partners Inc. bought a new position in shares of Janus International Group in the first quarter valued at $18,954,000. First Eagle Investment Management LLC grew its position in shares of Janus International Group by 18.6% in the 1st quarter. First Eagle Investment Management LLC now owns 739,066 shares of the company’s stock valued at $11,182,000 after acquiring an additional 115,700 shares during the period. Swiss National Bank increased its stake in shares of Janus International Group by 19.0% during the 1st quarter. Swiss National Bank now owns 275,500 shares of the company’s stock worth $4,168,000 after purchasing an additional 44,000 shares during the last quarter. Boston Partners raised its holdings in shares of Janus International Group by 10.3% in the 1st quarter. Boston Partners now owns 2,867,586 shares of the company’s stock valued at $43,112,000 after purchasing an additional 267,474 shares during the period. Finally, Vanguard Group Inc. raised its holdings in shares of Janus International Group by 15.6% in 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 during the period. Institutional investors and hedge funds own 88.78% of the company’s stock.

Janus International Group Price Performance

Shares of JBI stock opened at $9.90 on Tuesday. The company has a quick ratio of 2.47, a current ratio of 2.82 and a debt-to-equity ratio of 1.05. Janus International Group has a 12-month low of $9.16 and a 12-month high of $15.86. The firm has a fifty day moving average of $10.29 and a 200-day moving average of $12.40. The firm has a market capitalization of $1.44 billion, a price-to-earnings ratio of 10.37 and a beta of 0.88.

Janus International Group (NYSE:JBI) last posted its earnings results 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 net margin of 12.52% and a return on equity of 26.03%. The business had revenue of $248.40 million during the quarter, compared to analyst estimates of $287.42 million. On average, equities research analysts forecast 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.