Brokerages Set Janus International Group, Inc. (NYSE:JBI) Target Price at $12.75

Shares of Janus International Group, Inc. (NYSE:JBI) have received an average recommendation of “Moderate Buy” from the five research firms that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $12.75.

Several research firms recently weighed in on JBI. Wolfe Research cut shares of Janus International Group from an “outperform” rating to a “peer perform” rating in a research note on Monday, August 12th. Jefferies Financial Group decreased their target price on shares of 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. KeyCorp cut their price target on Janus International Group from $15.00 to $13.00 and set an “overweight” rating for the company in a report on Monday, October 14th. 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. 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 report on Thursday, August 8th.

Insider Transactions at Janus International Group

In other news, insider Peter Frayser sold 15,000 shares of Janus International Group stock in a transaction on Monday, July 29th. The stock was sold at an average price of $15.00, for a total transaction of $225,000.00. Following the completion of the sale, the insider now owns 217,805 shares of the company’s stock, valued at approximately $3,267,075. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 3.94% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of JBI. Epoch Investment Partners Inc. bought a new position in Janus International Group in the first quarter valued at about $18,954,000. First Eagle Investment Management LLC grew its position in Janus International Group by 18.6% in the first quarter. First Eagle Investment Management LLC now owns 739,066 shares of the company’s stock valued at $11,182,000 after acquiring an additional 115,700 shares during the last quarter. Swiss National Bank grew its position in Janus International Group by 19.0% in the first quarter. Swiss National Bank now owns 275,500 shares of the company’s stock valued at $4,168,000 after acquiring an additional 44,000 shares during the last quarter. Boston Partners grew its position in Janus International Group by 10.3% in the first quarter. Boston Partners now owns 2,867,586 shares of the company’s stock valued at $43,112,000 after acquiring an additional 267,474 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in Janus International Group by 15.6% in the first quarter. Vanguard Group Inc. now owns 13,453,678 shares of the company’s stock valued at $203,554,000 after acquiring an additional 1,817,144 shares during the last quarter. Institutional investors and hedge funds own 88.78% of the company’s stock.

Janus International Group Price Performance

NYSE:JBI opened at $10.01 on Tuesday. Janus International Group has a 1-year low of $9.16 and a 1-year high of $15.86. The company has a current ratio of 2.82, a quick ratio of 2.47 and a debt-to-equity ratio of 1.05. The firm has a fifty day simple moving average of $10.26 and a 200 day simple moving average of $12.33. The stock has a market capitalization of $1.46 billion, a PE ratio of 10.54 and a beta of 0.88.

Janus International Group (NYSE:JBI) last released its earnings results on Wednesday, August 7th. The company reported $0.21 earnings per share 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 firm had revenue of $248.40 million during the quarter, compared to the consensus estimate of $287.42 million. On average, research analysts expect that Janus International Group will post 0.84 EPS for the current fiscal 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.