Janus International Group (JBI) Scheduled to Post Earnings on Tuesday

Janus International Group (NYSE:JBI - Get Free Report) will be announcing its earnings results before the market opens on Tuesday, October 29th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Janus International Group has set its FY 2024 guidance at EPS.Parties interested in participating in the company's conference call can do so using this link.

Janus International Group (NYSE:JBI - Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.21 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 firm had revenue of $248.40 million during the quarter, compared to analyst estimates of $287.42 million. On average, analysts expect Janus International Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Janus International Group Stock Down 2.9 %

NYSE:JBI traded down $0.30 during trading hours on Tuesday, hitting $9.89. 1,240,744 shares of the stock traded hands, compared to its average volume of 1,907,085. The firm has a market cap of $1.44 billion, a price-to-earnings ratio of 10.47 and a beta of 0.88. The firm has a 50 day moving average price of $10.31 and a 200 day moving average price of $12.45. The company has a current ratio of 2.82, a quick ratio of 2.47 and a debt-to-equity ratio of 1.05. Janus International Group has a fifty-two week low of $9.16 and a fifty-two week high of $15.86.

Insiders Place Their Bets

In other news, insider Peter Frayser sold 15,000 shares of the stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $15.00, for a total transaction of $225,000.00. Following the transaction, the insider now owns 217,805 shares of the company's stock, valued at approximately $3,267,075. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 3.94% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on JBI. Wolfe Research cut Janus International Group from an "outperform" rating to a "peer perform" rating in a research note on Monday, August 12th. Benchmark dropped their price target on shares of Janus International Group from $21.00 to $14.00 and set a "buy" rating on the stock in a research note on Friday, August 9th. Jefferies Financial Group reduced their price objective on 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. KeyCorp lowered their target price 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. Finally, UBS Group cut their price target 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. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $12.75.

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.