Janus International Group, Inc. (NYSE:JBI) Given Average Rating of “Moderate Buy” by Brokerages

Janus International Group, Inc. (NYSE:JBI) has received an average recommendation of “Moderate Buy” from the five ratings firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $16.30.

A number of equities research analysts recently issued reports on JBI shares. Benchmark reiterated a “buy” rating and issued a $21.00 price objective on shares of Janus International Group in a research report on Tuesday, May 14th. Jefferies Financial Group started coverage on Janus International Group in a research report on Monday, April 15th. They issued a “buy” rating and a $20.00 price objective on the stock.

Institutional Investors Weigh In On Janus International Group

A number of large investors have recently added to or reduced their stakes in the company. Boston Partners raised its position in Janus International Group by 10.3% during the first 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 in the last quarter. Independent Wealth Network Inc. purchased a new stake in Janus International Group during the first quarter valued at about $1,522,000. Comerica Bank raised its position in Janus International Group by 78.8% during the first quarter. Comerica Bank now owns 6,721 shares of the company’s stock valued at $102,000 after purchasing an additional 2,962 shares in the last quarter. California State Teachers Retirement System raised its position in Janus International Group by 13.0% during the first quarter. California State Teachers Retirement System now owns 133,986 shares of the company’s stock valued at $2,027,000 after purchasing an additional 15,399 shares in the last quarter. Finally, Janus Henderson Group PLC raised its position in Janus International Group by 2.8% during the first quarter. Janus Henderson Group PLC now owns 2,947,508 shares of the company’s stock valued at $44,595,000 after purchasing an additional 80,362 shares in the last quarter. Hedge funds and other institutional investors own 88.78% of the company’s stock.

Janus International Group Price Performance

Shares of NYSE JBI opened at $12.63 on Friday. The stock has a market cap of $1.84 billion, a PE ratio of 13.29 and a beta of 0.92. Janus International Group has a fifty-two week low of $9.16 and a fifty-two week high of $15.86. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.63 and a current ratio of 2.95. The stock has a fifty day moving average of $13.77 and a 200-day moving average of $14.05.

Janus International Group (NYSE:JBI) last announced its quarterly earnings results on Thursday, May 9th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.02. The company had revenue of $254.50 million during the quarter, compared to analysts’ expectations of $252.90 million. Janus International Group had a return on equity of 28.95% and a net margin of 13.14%. The firm’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.18 earnings per share. Equities research analysts anticipate that Janus International Group will post 1.03 earnings per share for the current year.

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.