Janus International Group (NYSE:JBI) Stock Price Up 4.2%

Shares of Janus International Group, Inc. (NYSE:JBI - Get Free Report) shot up 4.2% during mid-day trading on Tuesday . The stock traded as high as $14.98 and last traded at $14.95. 828,125 shares changed hands during trading, a decline of 42% from the average session volume of 1,421,744 shares. The stock had previously closed at $14.35.

Analyst Upgrades and Downgrades

Several research firms have issued reports on JBI. TheStreet upgraded Janus International Group from a "c+" rating to a "b-" rating in a report on Thursday, January 4th. Benchmark dropped their price objective on Janus International Group from $22.00 to $21.00 and set a "buy" rating on the stock in a report on Friday, March 1st. Finally, Jefferies Financial Group assumed coverage on Janus International Group in a report on Monday. They issued a "buy" rating and a $20.00 price target for the company. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $16.30.

Janus International Group Stock Up 4.0 %

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 capitalization of $2.19 billion, a P/E ratio of 16.22 and a beta of 0.94. The stock has a fifty day moving average price of $14.81 and a two-hundred day moving average price of $12.76.

Janus International Group (NYSE:JBI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 28th. The company reported $0.24 EPS for the quarter, missing analysts' consensus estimates of $0.25 by ($0.01). The company had revenue of $263.70 million for the quarter, compared to the consensus estimate 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 quarterly revenue was down 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.22 earnings per share. Research analysts forecast that Janus International Group, Inc. will post 1.02 EPS for the current year.

Insider Buying and Selling

In related news, CEO Ramey Pierce Jackson sold 77,774 shares of the company's stock in a transaction on Thursday, January 18th. The stock was sold at an average price of $13.50, for a total transaction of $1,049,949.00. Following the completion of the transaction, the chief executive officer now directly owns 664,510 shares in the company, valued at approximately $8,970,885. The sale was disclosed in a document filed with the SEC, which is available through this link. In other news, VP Norman V. Nettie sold 90,000 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $15.27, for a total value of $1,374,300.00. Following the completion of the transaction, the vice president now owns 285,786 shares of the company's stock, valued at $4,363,952.22. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Ramey Pierce Jackson sold 77,774 shares of the stock in a transaction on Thursday, January 18th. The stock was sold at an average price of $13.50, for a total value of $1,049,949.00. Following the completion of the transaction, the chief executive officer now directly owns 664,510 shares of the company's stock, valued at approximately $8,970,885. The disclosure for this sale can be found here. Insiders sold a total of 417,774 shares of company stock worth $6,239,249 in the last three months. 42.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. PEAK6 Investments LLC bought a new position in Janus International Group during the third quarter valued at about $119,000. Wellington Management Group LLP bought a new position in Janus International Group during the third quarter valued at about $26,096,000. Legato Capital Management LLC boosted its stake in Janus International Group by 54.9% during the fourth quarter. Legato Capital Management LLC now owns 304,484 shares of the company's stock valued at $3,974,000 after buying an additional 107,935 shares in the last quarter. DAVENPORT & Co LLC boosted its stake in Janus International Group by 8.8% during the fourth quarter. DAVENPORT & Co LLC now owns 2,901,725 shares of the company's stock valued at $38,012,000 after buying an additional 233,654 shares in the last quarter. Finally, Graham Capital Management L.P. boosted its stake in Janus International Group by 405.9% during the third quarter. Graham Capital Management L.P. now owns 110,600 shares of the company's stock valued at $1,183,000 after buying an additional 88,739 shares in the last quarter. Institutional investors 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.