Janus International Group (JBI) to Release Quarterly Earnings on Tuesday

Janus International Group (NYSE:JBI) is scheduled to be issuing its quarterly earnings data 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 that are interested in registering for the company’s conference call can do so using this link.

Janus International Group (NYSE:JBI) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.21 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations 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 Price Performance

NYSE JBI opened at $10.01 on Friday. Janus International Group has a 52 week low of $9.16 and a 52 week high of $15.86. The firm has a market capitalization of $1.46 billion, a P/E ratio of 10.54 and a beta of 0.88. The company has a quick ratio of 2.47, a current ratio of 2.82 and a debt-to-equity ratio of 1.05. The company has a 50-day moving average price of $10.26 and a 200-day moving average price of $12.33.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Benchmark cut their price objective on Janus International Group from $21.00 to $14.00 and set a “buy” rating for the company in a research note on Friday, August 9th. Wolfe Research downgraded Janus International Group from an “outperform” rating to a “peer perform” rating in a research note on Monday, August 12th. KeyCorp cut their price objective on Janus International Group from $15.00 to $13.00 and set an “overweight” rating for the company in a research note on Monday, October 14th. UBS Group cut their price objective 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. Finally, Jefferies Financial Group cut their price objective on Janus International Group from $15.00 to $12.00 and set a “buy” rating for the company in a research note on Tuesday, September 10th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $12.75.

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 that occurred on 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 directly owns 217,805 shares in the company, valued at $3,267,075. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 3.94% of the stock is currently owned by corporate insiders.

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.