Analysts Set Janus International Group, Inc. (NYSE:JBI) Price Target at $10.25

Shares of Janus International Group, Inc. (NYSE:JBI) have been given a consensus rating of “Hold” by the five research firms that are presently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $10.25.

A number of equities analysts recently commented on JBI shares. KeyCorp cut their price objective on Janus International Group from $13.00 to $11.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 30th. Benchmark decreased their target price on 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 lowered shares of Janus International Group from an “outperform” rating to a “peer perform” rating in a research note on Monday, August 12th. UBS Group dropped their target price on Janus International Group from $12.00 to $8.50 and set a “neutral” rating on the stock in a report on Wednesday, October 30th. Finally, Jefferies Financial Group cut shares of Janus International Group from a “buy” rating to a “hold” rating and cut their price target for the stock from $12.00 to $7.50 in a report on Monday, November 4th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Point72 Hong Kong Ltd bought a new position in Janus International Group in the 2nd quarter worth about $60,000. Amalgamated Bank raised its position in shares of Janus International Group by 73.2% in the second quarter. Amalgamated Bank now owns 4,909 shares of the company’s stock worth $62,000 after buying an additional 2,074 shares in the last quarter. Quarry LP raised its stake in Janus International Group by 216.4% in the second quarter. Quarry LP now owns 6,527 shares of the company’s stock valued at $82,000 after purchasing an additional 4,464 shares in the last quarter. Comerica Bank grew its position in Janus International Group by 78.8% in the first quarter. Comerica Bank now owns 6,721 shares of the company’s stock worth $102,000 after acquiring an additional 2,962 shares in the last quarter. Finally, SkyView Investment Advisors LLC purchased a new position in shares of Janus International Group in the 2nd quarter worth about $126,000. Institutional investors own 88.78% of the company’s stock.

Janus International Group Stock Performance

Shares of NYSE:JBI opened at $7.11 on Friday. The company has a quick ratio of 2.39, a current ratio of 2.80 and a debt-to-equity ratio of 1.11. The firm has a market cap of $1.00 billion, a PE ratio of 9.87 and a beta of 0.92. The company’s 50 day moving average price is $9.10 and its two-hundred day moving average price is $11.44. Janus International Group has a 12-month low of $6.68 and a 12-month high of $15.86.

Janus International Group (NYSE:JBI) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.09). The firm had revenue of $230.10 million for the quarter, compared to analyst estimates of $248.21 million. Janus International Group had a net margin of 10.62% and a return on equity of 21.10%. The firm’s revenue for the quarter was down 17.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.27 earnings per share. Equities research analysts predict that Janus International Group will post 0.54 earnings per share for the current year.

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.