Analysts Set Janus International Group, Inc. (NYSE:JBI) PT at $13.25

Shares of Janus International Group, Inc. (NYSE:JBI) have received a consensus recommendation of “Moderate Buy” from the five ratings firms that are presently covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $13.25.

A number of equities analysts have recently commented on JBI shares. Benchmark lowered their price target on Janus International Group from $21.00 to $14.00 and set a “buy” rating for the company in a report on Friday, August 9th. UBS Group lowered their price target on Janus International Group from $14.50 to $12.00 and set a “neutral” rating for the company in a report on Thursday, August 8th. KeyCorp lowered their price target on Janus International Group from $17.00 to $15.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Wolfe Research cut Janus International Group from an “outperform” rating to a “peer perform” rating in a report on Monday, August 12th. Finally, Jefferies Financial Group lowered their price target on Janus International Group from $15.00 to $12.00 and set a “buy” rating for the company in a report on Tuesday, September 10th.

Janus International Group Stock Up 0.8 %

NYSE:JBI opened at $9.61 on Friday. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 10.12 and a beta of 0.88. Janus International Group has a twelve month low of $9.16 and a twelve month high of $15.86. The stock’s 50 day moving average price is $11.09 and its two-hundred day moving average price is $12.90. 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 (NYSE:JBI) last released its earnings results on Wednesday, August 7th. The company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.07). The company had revenue of $248.40 million for the quarter, compared to the consensus estimate of $287.42 million. Janus International Group had a net margin of 12.52% and a return on equity of 26.03%. Equities research analysts expect that Janus International Group will post 0.84 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Janus International Group news, insider Peter Frayser sold 15,000 shares of the company’s stock in a transaction dated Monday, July 29th. The stock was 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 owns 217,805 shares of the company’s stock, valued at approximately $3,267,075. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 3.94% of the company’s stock.

Institutional Investors Weigh In On Janus International Group

Several institutional investors and hedge funds have recently made changes to their positions in JBI. Charles Schwab Investment Management Inc. increased its stake in shares of 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 buying an additional 18,354 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Janus International Group by 27.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,734,570 shares of the company’s stock valued at $22,637,000 after buying an additional 378,478 shares during the period. Capstone Investment Advisors LLC acquired a new stake in shares of Janus International Group in the fourth quarter valued at about $220,000. Ratan Capital Management LP increased its stake in shares of Janus International Group by 394.1% in the fourth quarter. Ratan Capital Management LP now owns 688,958 shares of the company’s stock valued at $8,991,000 after buying an additional 549,515 shares during the period. Finally, Schroder Investment Management Group acquired a new stake in shares of Janus International Group in the fourth quarter valued at about $26,103,000. Institutional investors and hedge funds own 88.78% of the company’s stock.

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.