Janus International Group's (JBI) Hold (C) Rating Reaffirmed at Weiss Ratings

Key Points

• Janus International Group's stock has had its "hold (c)" rating reaffirmed by Weiss Ratings, indicating a cautious outlook from analysts.
• Several analysts have adjusted their price targets for the stock, with Jefferies and UBS both raising their targets to $10.00, while KeyCorp set a new target at $12.00.
• Despite a revenue decline of 8.2% year-over-year, the company reported earnings of $0.20 EPS, exceeding analysts' expectations of $0.15.

Janus International Group (NYSE:JBI - Get Free Report)'s stock had its "hold (c)" rating reaffirmed by equities researchers at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

A number of other equities analysts also recently weighed in on the stock. Jefferies Financial Group boosted their price target on shares of Janus International Group from $9.00 to $10.00 and gave the stock a "hold" rating in a report on Wednesday, August 20th. UBS Group boosted their price target on shares of Janus International Group from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Friday, August 8th. Wall Street Zen raised shares of Janus International Group from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. Finally, KeyCorp boosted their price target on shares of Janus International Group from $10.00 to $12.00 and gave the stock an "overweight" rating in a report on Friday, August 8th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Janus International Group currently has a consensus rating of "Hold" and a consensus price target of $10.67.

Janus International Group Price Performance

JBI opened at $9.95 on Wednesday. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.61 and a quick ratio of 2.26. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of 32.10 and a beta of 1.34. The firm's fifty day moving average price is $9.99 and its two-hundred day moving average price is $8.61. Janus International Group has a 1 year low of $5.99 and a 1 year high of $10.80.

Janus International Group (NYSE:JBI - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.05. The firm had revenue of $228.10 million for the quarter, compared to the consensus estimate of $216.99 million. Janus International Group had a net margin of 4.85% and a return on equity of 13.10%. The business's revenue for the quarter was down 8.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.21 EPS. Janus International Group has set its FY 2025 guidance at EPS. As a group, analysts anticipate that Janus International Group will post 0.54 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Janus International Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JBI. AlphaQuest LLC raised its stake in Janus International Group by 336.2% in the 1st quarter. AlphaQuest LLC now owns 5,091 shares of the company's stock valued at $37,000 after acquiring an additional 3,924 shares during the period. Quarry LP bought a new stake in shares of Janus International Group during the first quarter valued at about $43,000. Russell Investments Group Ltd. increased its position in shares of Janus International Group by 771.0% during the second 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. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Janus International Group during the first quarter valued at about $72,000. Finally, CWM LLC increased its position in shares of Janus International Group by 571.1% during the first quarter. CWM LLC now owns 11,012 shares of the company's stock valued at $79,000 after buying an additional 9,371 shares during the period. 88.78% of the stock is currently owned by institutional investors.

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.

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