Janus International Group (NYSE:JBI) Sets New 52-Week Low - Should You Sell?

Key Points

• Janus International (NYSE:JBI) hit a new 52-week low of $4.92 Monday, last trading at $4.9550 on about 962,183 shares; the company has a market cap near $685M, a P/E of ~12.7, and 50/200-day moving averages of $6.46/$7.46.
• Analyst sentiment has turned cautious with a consensus rating of Hold and an average target of $9.17; recent actions include KeyCorp lowering its target from $12 to $9 and a mix of one Buy, three Hold and one Sell.
• In the latest quarter Janus reported EPS of $0.11 (missing the $0.15 estimate) while revenue was $226.3M (above estimates but down 1.9% YoY), and the business shows a ROE of 15.26% with a net margin of 6.08%.

Janus International Group, Inc. (NYSE:JBI - Get Free Report)'s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $4.92 and last traded at $4.9550, with a volume of 962183 shares changing hands. The stock had previously closed at $5.00.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. KeyCorp dropped their target price on shares of Janus International Group from $12.00 to $9.00 and set an "overweight" rating for the company in a research report on Thursday, March 5th. Wall Street Zen lowered shares of Janus International Group from a "buy" rating to a "hold" rating in a research report on Saturday, March 21st. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Janus International Group in a report on Friday. Finally, Zacks Research upgraded shares of Janus International Group to a "hold" rating in a research note on Monday, December 15th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Janus International Group currently has an average rating of "Hold" and an average target price of $9.17.

Janus International Group Stock Performance

The stock has a 50 day moving average price of $6.46 and a two-hundred day moving average price of $7.46. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.54 and a quick ratio of 3.04. The company has a market capitalization of $685.26 million, a price-to-earnings ratio of 12.65 and a beta of 1.47.

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

Institutional Trading of Janus International Group

Several hedge funds have recently modified their holdings of JBI. Clearstead Advisors LLC raised its position in Janus International Group by 130.0% in the 4th quarter. Clearstead Advisors LLC now owns 5,338 shares of the company's stock worth $35,000 after purchasing an additional 3,017 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position 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 valued at $35,000 after buying an additional 5,105 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of 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 during the period. State of Alaska Department of Revenue acquired a new stake in shares of Janus International Group in the 3rd quarter valued at $70,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of Janus International Group during the fourth quarter worth $71,000. 88.78% of the stock is owned by institutional investors.

Janus International Group Company Profile

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.

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