Janus International Group, Inc. (NYSE:JBI) Given Average Recommendation of "Hold" by Brokerages

Key Points

• Analyst consensus: The stock has an average recommendation of "Hold" from five analysts (1 sell, 3 hold, 1 buy) with an average 1‑year price target of $9.17.
• Earnings update: Janus reported $0.11 EPS for the quarter versus $0.15 expected (a miss) while revenue of $226.3M topped consensus but was down 1.9% year‑over‑year.
• Market and financials: Shares opened at $5.18 (52‑week range $4.94–$10.80), market cap ~$718.6M, P/E 13.27, institutional ownership ~88.8%, and a debt‑to‑equity ratio of 0.94.

Janus International Group, Inc. (NYSE:JBI - Get Free Report) has been given an average recommendation of "Hold" by the five ratings firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has given a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $9.1667.

Several brokerages have weighed in on JBI. Wall Street Zen lowered Janus International Group from a "buy" rating to a "hold" rating in a report on Saturday, March 21st. KeyCorp lowered their target price on Janus International Group from $12.00 to $9.00 and set an "overweight" rating on the stock in a research note on Thursday, March 5th. Weiss Ratings reiterated a "sell (d+)" rating on shares of Janus International Group in a research note on Monday, December 29th. Finally, Zacks Research raised Janus International Group to a "hold" rating in a report on Monday, December 15th.

Janus International Group Price Performance

Shares of NYSE:JBI opened at $5.18 on Friday. The company's 50-day moving average is $6.50 and its 200 day moving average is $7.53. The company has a debt-to-equity ratio of 0.94, a quick ratio of 3.04 and a current ratio of 3.54. The company has a market capitalization of $718.59 million, a P/E ratio of 13.27 and a beta of 1.47. Janus International Group has a fifty-two week low of $4.94 and a fifty-two week high of $10.80.

Janus International Group (NYSE:JBI - Get Free Report) last released its earnings results on Wednesday, March 4th. The company reported $0.11 earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by ($0.04). The company had revenue of $226.30 million for the quarter, compared to the consensus estimate of $217.45 million. Janus International Group had a net margin of 6.08% and a return on equity of 15.26%. The firm's revenue was down 1.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.57 earnings per share. On average, equities research analysts forecast that Janus International Group will post 0.54 earnings per share for the current year.

Hedge Funds Weigh In On Janus International Group

Large investors have recently modified their holdings of the business. Clearstead Advisors LLC raised its position in shares of Janus International Group by 130.0% in the fourth quarter. Clearstead Advisors LLC now owns 5,338 shares of the company's stock valued at $35,000 after purchasing an additional 3,017 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in Janus International Group by 1,978.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,363 shares of the company's stock worth $35,000 after buying an additional 5,105 shares during the period. State of Alaska Department of Revenue purchased a new position in Janus International Group in the 3rd quarter valued at approximately $70,000. Russell Investments Group Ltd. grew its stake in Janus International Group by 771.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 7,229 shares of the company's stock valued at $59,000 after buying an additional 6,399 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in Janus International Group during the 4th quarter valued at $71,000. Hedge funds and other institutional investors own 88.78% of the company's stock.

About Janus International Group

Janus International Group, Inc is a global provider of specialized storage and security products for self-storage, commercial, industrial and residential applications. The company designs, engineers and manufactures a broad range of building components focused on perimeter security and facility access solutions. Janus serves customers through dealer networks, direct sales offices and distribution partners across multiple end markets.

Core product offerings include steel roll-up doors and sectional overhead doors, perimeter fencing and automated gate systems, parking security products and climate-controlled modular storage buildings.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.