Janus International Group (NYSE:JBI) Price Target Lowered to $13.00 at KeyCorp

Janus International Group (NYSE:JBI) had its target price trimmed by KeyCorp from $15.00 to $13.00 in a research note published on Monday morning, Benzinga reports. The firm currently has an overweight rating on the stock.

Several other research firms also recently commented on JBI. Benchmark decreased their target price on shares of Janus International Group from $21.00 to $14.00 and set a buy rating for the company in a research report on Friday, August 9th. Wolfe Research downgraded shares of Janus International Group from an outperform rating to a peer perform rating in a report on Monday, August 12th. UBS Group decreased their price objective on shares of Janus International Group from $14.50 to $12.00 and set a neutral rating for the company in a report on Thursday, August 8th. Finally, Jefferies Financial Group decreased their price objective on shares of Janus International Group from $15.00 to $12.00 and set a buy rating for the company in a report on Tuesday, September 10th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Janus International Group presently has an average rating of Moderate Buy and an average price target of $12.75.

Janus International Group Stock Up 0.7 %

Janus International Group stock opened at $10.22 on Monday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.47 and a current ratio of 2.82. The firm has a market cap of $1.49 billion, a PE ratio of 10.76 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 firm’s 50 day moving average price is $10.40 and its two-hundred day moving average price is $12.60.

Janus International Group (NYSE:JBI) last posted its 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). The business had revenue of $248.40 million during the quarter, compared to the consensus estimate of $287.42 million. Janus International Group had a return on equity of 26.03% and a net margin of 12.52%. On average, research analysts predict that Janus International Group will post 0.84 EPS for the current fiscal year.

Insider Buying and Selling at Janus International Group

In other Janus International Group news, insider Peter Frayser sold 15,000 shares of the stock in a transaction on Monday, July 29th. The shares were sold at an average price of $15.00, for a total value of $225,000.00. Following the completion of the sale, the insider now directly owns 217,805 shares of the company’s stock, valued at $3,267,075. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 3.94% of the company’s stock.

Institutional Trading of Janus International Group

A number of hedge funds have recently bought and sold shares of JBI. Silvercrest Asset Management Group LLC bought a new stake in Janus International Group in the 1st quarter valued at $44,026,000. Vanguard Group Inc. raised its stake in shares of Janus International Group by 26.8% in the 4th quarter. Vanguard Group Inc. now owns 11,636,534 shares of the company’s stock valued at $151,857,000 after buying an additional 2,458,953 shares in the last quarter. Victory Capital Management Inc. raised its stake in shares of Janus International Group by 2,063.3% in the 2nd quarter. Victory Capital Management Inc. now owns 1,339,287 shares of the company’s stock valued at $16,915,000 after buying an additional 1,277,377 shares in the last quarter. Epoch Investment Partners Inc. acquired a new position in shares of Janus International Group in the 1st quarter valued at $18,954,000. Finally, Vaughan Nelson Investment Management L.P. raised its stake in shares of Janus International Group by 23.2% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 5,248,730 shares of the company’s stock valued at $79,414,000 after buying an additional 988,435 shares in the last quarter. 88.78% of the stock is owned by 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.