Janus International Group (NYSE:JBI) Now Covered by Analysts at Jefferies Financial Group

Jefferies Financial Group assumed coverage on shares of Janus International Group (NYSE:JBI - Free Report) in a research report report published on Monday morning, MarketBeat.com reports. The brokerage issued a buy rating and a $20.00 price objective on the stock.

JBI has been the topic of several other reports. TheStreet raised Janus International Group from a c+ rating to a b- rating in a research report on Thursday, January 4th. Benchmark cut their price objective on Janus International Group from $22.00 to $21.00 and set a buy rating on the stock in a research report on Friday, March 1st. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, Janus International Group has a consensus rating of Moderate Buy and a consensus price target of $16.30.

Janus International Group Trading Up 2.0 %

Shares of JBI traded up $0.28 during trading hours on Monday, hitting $14.37. The stock had a trading volume of 2,204,879 shares, compared to its average volume of 1,427,396. 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 firm has a market cap of $2.11 billion, a P/E ratio of 15.55 and a beta of 0.94. The company's fifty day simple moving average is $14.80 and its 200 day simple moving average is $12.70. Janus International Group has a 12-month low of $8.66 and a 12-month high of $15.86.

Janus International Group (NYSE:JBI - Get Free Report) last issued its 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 firm 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%. The company's quarterly revenue was down 5.7% compared to the same quarter last year. During the same period last year, the business posted $0.22 earnings per share. Equities research analysts forecast that Janus International Group will post 1.02 EPS for the current fiscal year.

Insider Buying and Selling

In other Janus International Group news, VP Norman V. Nettie sold 90,000 shares of the firm's stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $15.27, for a total transaction of $1,374,300.00. Following the completion of the sale, the vice president now owns 285,786 shares in the company, valued at approximately $4,363,952.22. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Janus International Group news, VP Norman V. Nettie sold 55,271 shares of the firm's stock in a transaction 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 completion of the transaction, the vice president now directly owns 410,515 shares of the company's stock, valued at approximately $5,743,104.85. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Norman V. Nettie sold 90,000 shares of the company'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 completion of the sale, 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 90 days, insiders have sold 638,841 shares of company stock worth $9,331,976. 42.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Janus International Group

Institutional investors and hedge funds have recently bought and sold shares of the company. Ameritas Investment Partners Inc. increased its holdings in shares of Janus International Group by 14.5% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 7,017 shares of the company's stock valued at $75,000 after acquiring an additional 891 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Janus International Group by 3.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 35,308 shares of the company's stock valued at $376,000 after acquiring an additional 1,143 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Janus International Group by 9.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,184 shares of the company's stock valued at $135,000 after acquiring an additional 1,193 shares during the last quarter. Gotham Asset Management LLC increased its holdings in shares of Janus International Group by 6.0% in the 4th quarter. Gotham Asset Management LLC now owns 22,185 shares of the company's stock valued at $290,000 after acquiring an additional 1,246 shares during the last quarter. Finally, Man Group plc increased its holdings in shares of Janus International Group by 12.3% in the 4th quarter. Man Group plc now owns 12,357 shares of the company's stock valued at $118,000 after acquiring an additional 1,357 shares during the last quarter. Institutional investors and hedge funds own 88.78% of the company's stock.

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.