Janus International Group, Inc. (NYSE:JBI – Get Rating) – Stock analysts at KeyCorp boosted their Q4 2022 earnings per share estimates for shares of Janus International Group in a report issued on Tuesday, August 16th. KeyCorp analyst J. Hammond now anticipates that the company will post earnings of $0.21 per share for the quarter, up from their previous estimate of $0.18. The consensus estimate for Janus International Group’s current full-year earnings is $0.67 per share.
Other equities analysts have also recently issued research reports about the company. UBS Group boosted their target price on Janus International Group to $11.50 and gave the stock a “na” rating in a research report on Wednesday, May 18th. Morgan Stanley boosted their target price on Janus International Group from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Wednesday. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $14.70.
Janus International Group Stock Performance
Shares of JBI stock opened at $11.06 on Friday. The stock has a market capitalization of $1.62 billion, a PE ratio of 24.04 and a beta of 0.59. Janus International Group has a 52-week low of $7.95 and a 52-week high of $15.94. The stock’s 50-day moving average price is $9.91 and its 200 day moving average price is $9.83. The company has a quick ratio of 1.14, a current ratio of 1.74 and a debt-to-equity ratio of 2.28.
Janus International Group (NYSE:JBI – Get Rating) last posted its earnings results on Tuesday, May 17th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.06. The business had revenue of $229.52 million during the quarter, compared to the consensus estimate of $180.22 million. Janus International Group had a return on equity of 31.17% and a net margin of 7.83%.
Institutional Investors Weigh In On Janus International Group
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Goldman Sachs Group Inc. lifted its stake in Janus International Group by 87.2% in the 2nd quarter. Goldman Sachs Group Inc. now owns 152,176 shares of the company’s stock valued at $1,374,000 after buying an additional 70,905 shares in the last quarter. Castleview Partners LLC purchased a new position in shares of Janus International Group during the 2nd quarter worth $61,000. Thrivent Financial for Lutherans purchased a new position in shares of Janus International Group during the 2nd quarter worth $27,282,000. Dark Forest Capital Management LP purchased a new position in shares of Janus International Group during the 2nd quarter worth $855,000. Finally, Occudo Quantitative Strategies LP lifted its stake in shares of Janus International Group by 18.8% during the 2nd quarter. Occudo Quantitative Strategies LP now owns 103,931 shares of the company’s stock worth $938,000 after purchasing an additional 16,439 shares during the period. Hedge funds and other institutional investors own 81.10% of the company’s stock.
Janus International Group Company Profile
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Janus International Group, Inc manufacturers, supplies, and provides turn-key self-storage, and commercial and industrial building solutions in North America and internationally. It offers roll up and swing doors, hallway systems, relocatable storage units, and facility and door automation technologies.
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