Analysts Set Janus International Group, Inc. (NYSE:JBI) PT at $10.25

Shares of Janus International Group, Inc. (NYSE:JBI - Get Free Report) have earned a consensus recommendation of "Hold" from the five ratings firms that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $10.25.

Several analysts have recently issued reports on the stock. 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. Benchmark cut 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. Jefferies Financial Group lowered Janus International Group from a "buy" rating to a "hold" rating and decreased their price objective for the company from $12.00 to $7.50 in a research note on Monday, November 4th. KeyCorp reduced their target price on Janus International Group from $13.00 to $11.00 and set an "overweight" rating for the company in a report on Wednesday, October 30th. Finally, UBS Group cut their price objective on shares of Janus International Group from $12.00 to $8.50 and set a "neutral" rating for the company in a research report on Wednesday, October 30th.

Janus International Group Stock Performance

Shares of NYSE:JBI traded down $0.10 during trading on Friday, reaching $7.17. 1,335,214 shares of the stock were exchanged, compared to its average volume of 2,046,061. Janus International Group has a 12 month low of $6.68 and a 12 month high of $15.86. The stock has a 50-day moving average price of $9.27 and a 200-day moving average price of $11.58. 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 firm has a market cap of $1.01 billion, a PE ratio of 9.96 and a beta of 0.92.

Janus International Group (NYSE:JBI - Get Free Report) last posted its earnings results on Tuesday, October 29th. The company reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.09). The firm had revenue of $230.10 million for the quarter, compared to analyst estimates of $248.21 million. Janus International Group had a return on equity of 21.10% and a net margin of 10.62%. The firm's quarterly revenue was down 17.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.27 EPS. Research analysts expect that Janus International Group will post 0.54 EPS for the current fiscal year.

Institutional Investors Weigh In On Janus International Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Entropy Technologies LP lifted its stake in Janus International Group by 4.5% during the first quarter. Entropy Technologies LP now owns 21,126 shares of the company's stock worth $320,000 after purchasing an additional 901 shares during the last quarter. Sage Mountain Advisors LLC lifted its position in Janus International Group by 4.5% in the 2nd quarter. Sage Mountain Advisors LLC now owns 23,200 shares of the company's stock worth $293,000 after buying an additional 990 shares during the last quarter. ProShare Advisors LLC boosted its stake in Janus International Group by 8.5% in the first quarter. ProShare Advisors LLC now owns 15,267 shares of the company's stock worth $231,000 after buying an additional 1,201 shares in the last quarter. Atria Investments Inc grew its position in Janus International Group by 13.4% during the third quarter. Atria Investments Inc now owns 13,889 shares of the company's stock valued at $140,000 after acquiring an additional 1,643 shares during the last quarter. Finally, Amalgamated Bank raised its stake in shares of Janus International Group by 73.2% during the second quarter. Amalgamated Bank now owns 4,909 shares of the company's stock worth $62,000 after acquiring an additional 2,074 shares in the last quarter. 88.78% of the stock is owned by hedge funds and other institutional investors.

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.