Brokerages Set Janus International Group, Inc. (NYSE:JBI) PT at $15.38

Janus International Group, Inc. (NYSE:JBI) has been given a consensus recommendation of “Moderate Buy” by the five brokerages that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $16.30.

A number of brokerages have commented on JBI. Jefferies Financial Group began coverage on shares of Janus International Group in a research report on Monday. They set a “buy” rating and a $20.00 price target on the stock. Benchmark reduced their price target on shares of 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. Finally, TheStreet raised Janus International Group from a “c+” rating to a “b-” rating in a research note on Thursday, January 4th.

Janus International Group Stock Down 0.1 %

JBI stock opened at $14.91 on Monday. The company has a current ratio of 2.66, a quick ratio of 2.38 and a debt-to-equity ratio of 1.17. The company’s 50 day moving average is $14.81 and its 200 day moving average is $12.77. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 16.21 and a beta of 0.94. Janus International Group has a 1-year low of $8.66 and a 1-year high of $15.86.

Janus International Group (NYSE:JBI) last posted its quarterly earnings data 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 company had revenue of $263.70 million during 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%. The firm’s revenue for the quarter was down 5.7% on a year-over-year basis. During the same quarter last year, the company posted $0.22 earnings per share. Sell-side analysts predict that Janus International Group will post 1.02 EPS for the current fiscal year.

Insider Buying and Selling at Janus International Group

In other news, CEO Ramey Pierce Jackson sold 100,000 shares of the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $15.26, for a total transaction of $1,526,000.00. Following the completion of the transaction, the chief executive officer now directly owns 564,510 shares in the company, valued at $8,614,422.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CEO Ramey Pierce Jackson sold 100,000 shares of the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $15.26, for a total transaction of $1,526,000.00. Following the completion of the transaction, the chief executive officer now directly owns 564,510 shares in the company, valued at $8,614,422.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Morgan Hodges sold 150,000 shares of the firm’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $15.26, for a total value of $2,289,000.00. Following the transaction, the executive vice president now owns 203,865 shares of the company’s stock, valued at $3,110,979.90. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 340,000 shares of company stock valued at $5,189,300. 42.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Janus International Group

Several large investors have recently bought and sold shares of JBI. PEAK6 Investments LLC purchased a new position in Janus International Group in the third quarter worth about $119,000. Wellington Management Group LLP purchased a new position in Janus International Group in the third quarter worth about $26,096,000. Legato Capital Management LLC boosted its position in Janus International Group by 54.9% in the fourth quarter. Legato Capital Management LLC now owns 304,484 shares of the company’s stock worth $3,974,000 after purchasing an additional 107,935 shares during the last quarter. DAVENPORT & Co LLC boosted its position in Janus International Group by 8.8% in the fourth quarter. DAVENPORT & Co LLC now owns 2,901,725 shares of the company’s stock worth $38,012,000 after purchasing an additional 233,654 shares during the last quarter. Finally, Graham Capital Management L.P. boosted its position in Janus International Group by 405.9% in the third quarter. Graham Capital Management L.P. now owns 110,600 shares of the company’s stock worth $1,183,000 after purchasing an additional 88,739 shares during 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.