Janus International Group, Inc. (NYSE:JBI) Given Consensus Recommendation of "Moderate Buy" by Analysts

Janus International Group, Inc. (NYSE:JBI - Get Free Report) has received a consensus rating of "Moderate Buy" from the five brokerages that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $16.30.

JBI has been the topic of a number of recent research reports. Jefferies Financial Group started coverage on shares of Janus International Group in a report on Monday. They issued a "buy" rating and a $20.00 price objective on the stock. Benchmark dropped their target price on shares of Janus International Group from $22.00 to $21.00 and set a "buy" rating on the stock in a research note on Friday, March 1st. Finally, TheStreet upgraded shares of Janus International Group from a "c+" rating to a "b-" rating in a research note on Thursday, January 4th.

Janus International Group Stock Up 2.0 %

JBI traded up $0.28 during midday trading on Monday, reaching $14.37. The company's stock had a trading volume of 2,204,879 shares, compared to its average volume of 1,427,396. The firm has a market capitalization of $2.11 billion, a price-to-earnings ratio of 15.55 and a beta of 0.94. The company has a current ratio of 2.66, a quick ratio of 2.38 and a debt-to-equity ratio of 1.17. Janus International Group has a 1 year low of $8.66 and a 1 year high of $15.86. The stock's 50-day moving average is $14.80 and its 200-day moving average is $12.70.

Janus International Group (NYSE:JBI - Get Free Report) last announced its quarterly earnings data on Wednesday, February 28th. The company reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates of $0.25 by ($0.01). The business had revenue of $263.70 million during the quarter, compared to analysts' expectations of $284.01 million. Janus International Group had a return on equity of 30.00% and a net margin of 12.73%. Janus International Group's revenue for the quarter was down 5.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.22 EPS. As a group, research analysts expect that Janus International Group will post 1.02 EPS for the current year.

Insider Activity at Janus International Group

In related news, CEO Ramey Pierce Jackson sold 55,191 shares of the stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $13.99, for a total transaction of $772,122.09. Following the transaction, the chief executive officer now owns 834,319 shares in the company, valued at $11,672,122.81. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, CEO Ramey Pierce Jackson sold 55,191 shares of the stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $13.99, for a total transaction of $772,122.09. Following the transaction, the chief executive officer now owns 834,319 shares in the company, valued at $11,672,122.81. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Norman V. Nettie sold 55,271 shares of the stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $13.99, for a total transaction of $773,241.29. Following the transaction, the vice president now owns 410,515 shares in the company, valued at approximately $5,743,104.85. The disclosure for this sale can be found here. Insiders have sold a total of 638,841 shares of company stock worth $9,331,976 over the last quarter. Company insiders own 42.90% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Wasatch Advisors Inc. raised its position in Janus International Group by 3.0% in the first quarter. Wasatch Advisors Inc. now owns 14,874,590 shares of the company's stock worth $133,871,000 after acquiring an additional 433,236 shares during the period. Vanguard Group Inc. raised its position in Janus International Group by 26.8% in the fourth quarter. Vanguard Group Inc. now owns 11,636,534 shares of the company's stock worth $151,857,000 after acquiring an additional 2,458,953 shares during the period. BlackRock Inc. raised its position in Janus International Group by 11.3% in the second quarter. BlackRock Inc. now owns 7,412,925 shares of the company's stock worth $79,022,000 after acquiring an additional 753,414 shares during the period. Allspring Global Investments Holdings LLC increased its stake in shares of Janus International Group by 59.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 5,460,759 shares of the company's stock worth $71,263,000 after purchasing an additional 2,027,286 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. increased its stake in shares of Janus International Group by 25.8% in the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 4,260,295 shares of the company's stock worth $55,597,000 after purchasing an additional 873,130 shares in the last quarter. 88.78% of the stock is currently owned by institutional investors.

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.