Jefferies Financial Group Trims Janus International Group (NYSE:JBI) Target Price to $12.00

Janus International Group (NYSE:JBI) had its price target trimmed by Jefferies Financial Group from $15.00 to $12.00 in a research note issued to investors on Tuesday morning, Benzinga reports. They currently have a buy rating on the stock.

JBI has been the topic of several other reports. UBS Group cut their target price on shares of Janus International Group from $14.50 to $12.00 and set a neutral rating on the stock in a report on Thursday, August 8th. KeyCorp dropped their price objective on Janus International Group from $17.00 to $15.00 and set an overweight rating on the stock in a research note on Thursday, August 8th. Benchmark decreased their target price on Janus International Group from $21.00 to $14.00 and set a buy rating for the company in a research note on Friday, August 9th. Finally, Wolfe Research lowered Janus International Group from an outperform rating to a peer perform rating in a research report on Monday, August 12th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of Moderate Buy and a consensus target price of $13.25.

Janus International Group Stock Down 0.1 %

NYSE:JBI opened at $9.72 on Tuesday. The stock’s fifty day simple moving average is $11.95 and its 200-day simple moving average is $13.37. The firm has a market capitalization of $1.42 billion, a P/E ratio of 10.23 and a beta of 0.89. The company has a quick ratio of 2.47, a current ratio of 2.82 and a debt-to-equity ratio of 1.05. Janus International Group has a 12-month low of $9.16 and a 12-month high of $15.86.

Janus International Group (NYSE:JBI) last posted its earnings results on Wednesday, August 7th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by ($0.07). The company had revenue of $248.40 million for the quarter, compared to analyst estimates of $287.42 million. Janus International Group had a return on equity of 26.03% and a net margin of 12.52%. Equities research analysts expect that Janus International Group will post 0.86 earnings per share for the current year.

Insider Buying and Selling

In other Janus International Group news, insider Peter Frayser sold 15,000 shares of Janus International Group stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $15.00, for a total value of $225,000.00. Following the sale, the insider now owns 217,805 shares of the company’s stock, valued at approximately $3,267,075. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.94% of the company’s stock.

Institutional Investors Weigh In On Janus International Group

Hedge funds and other institutional investors have recently bought and sold shares of the company. Silvercrest Asset Management Group LLC bought a new position in shares of Janus International Group during the 1st quarter worth approximately $44,026,000. Vanguard Group Inc. grew 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 valued at $151,857,000 after purchasing an additional 2,458,953 shares in the last quarter. Schroder Investment Management Group acquired a new stake in Janus International Group in the 4th quarter valued at $26,103,000. Victory Capital Management Inc. lifted its position in Janus International Group by 2,063.3% during the 2nd quarter. Victory Capital Management Inc. now owns 1,339,287 shares of the company’s stock worth $16,915,000 after buying an additional 1,277,377 shares in the last quarter. Finally, Epoch Investment Partners Inc. acquired a new position in shares of Janus International Group during the 1st quarter worth about $18,954,000. 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.