Analysts Set Janus International Group, Inc. (NYSE:JBI) Price Target at $15.38

Janus International Group, Inc. (NYSE:JBI) has been assigned a consensus rating of “Moderate Buy” from the five analysts that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $16.30.

Several analysts have weighed in on JBI shares. TheStreet raised shares of Janus International Group from a “c+” rating to a “b-” rating in a research note on Thursday, January 4th. Benchmark lowered their price target on shares of Janus International Group from $22.00 to $21.00 and set a “buy” rating for the company in a research note on Friday, March 1st. Finally, Jefferies Financial Group started coverage on shares of Janus International Group in a research note on Monday, April 15th. They issued a “buy” rating and a $20.00 price target for the company.

Insider Buying and Selling at Janus International Group

In other Janus International Group news, VP Norman V. Nettie sold 90,000 shares of the business’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $15.27, for a total value of $1,374,300.00. Following the transaction, the vice president now owns 285,786 shares in the company, valued at $4,363,952.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CEO Ramey Pierce Jackson sold 100,000 shares of the business’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $15.26, for a total transaction of $1,526,000.00. Following the transaction, the chief executive officer now owns 564,510 shares in the company, valued at $8,614,422.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Norman V. Nettie sold 90,000 shares of the business’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $15.27, for a total transaction of $1,374,300.00. Following the transaction, the vice president now owns 285,786 shares in the company, valued at approximately $4,363,952.22. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 340,000 shares of company stock worth $5,189,300. 42.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Janus International Group

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Financial Management Professionals Inc. bought a new stake in Janus International Group during the third quarter worth about $28,000. Parkside Financial Bank & Trust bought a new stake in Janus International Group during the second quarter worth about $28,000. Ensign Peak Advisors Inc bought a new stake in Janus International Group during the third quarter worth about $30,000. Tucker Asset Management LLC bought a new stake in Janus International Group during the fourth quarter worth about $35,000. Finally, Comerica Bank bought a new stake in Janus International Group during the third quarter worth about $35,000. Hedge funds and other institutional investors own 88.78% of the company’s stock.

Janus International Group Stock Performance

NYSE JBI opened at $15.14 on Monday. Janus International Group has a 52-week low of $8.66 and a 52-week high of $15.86. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.38 and a current ratio of 2.66. The company has a market capitalization of $2.22 billion, a P/E ratio of 16.46 and a beta of 0.94. The company has a fifty day moving average of $14.81 and a 200-day moving average of $12.82.

Janus International Group (NYSE:JBI) last posted its quarterly earnings results on Wednesday, February 28th. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.01). The business had revenue of $263.70 million during the quarter, compared to the consensus estimate of $284.01 million. Janus International Group had a return on equity of 30.00% and a net margin of 12.73%. The business’s revenue for the quarter was down 5.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.22 earnings per share. As a group, equities research analysts predict that Janus International Group will post 1.02 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.