Janus International Group (NYSE:JBI) Sets New 1-Year Low – Should You Sell?

Janus International Group, Inc. (NYSE:JBI)’s share price reached a new 52-week low during trading on Thursday. The company traded as low as $4.03 and last traded at $4.0250, with a volume of 119780 shares. The stock had previously closed at $4.09.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Janus International Group in a research report on Monday, September 21st. UBS Group lowered their price target on Janus International Group from $6.00 to $5.60 and set a “neutral” rating on the stock in a research report on Wednesday, August 12th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $7.30.

Janus International Group Price Performance

The firm has a market capitalization of $561.45 million, a price-to-earnings ratio of 17.15 and a beta of 1.45. The company’s 50 day moving average is $4.91 and its 200-day moving average is $5.14. The company has a current ratio of 2.94, a quick ratio of 2.50 and a debt-to-equity ratio of 0.94.

Janus International Group (NYSE:JBI) last posted its quarterly earnings results on Tuesday, August 11th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03. The business had revenue of $233.50 million during the quarter, compared to analysts’ expectations of $238.78 million. Janus International Group had a return on equity of 11.27% and a net margin of 3.68%.Janus International Group’s quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the company posted $0.20 earnings per share. Equities research analysts anticipate that Janus International Group, Inc. will post 0.5 earnings per share for the current year.

Institutional Investors Weigh In On Janus International Group

Large investors have recently added to or reduced their stakes in the business. Allworth Financial LP boosted its position in Janus International Group by 982.2% during the second quarter. Allworth Financial LP now owns 4,621 shares of the company’s stock worth $26,000 after purchasing an additional 4,194 shares during the period. Clearstead Advisors LLC lifted its stake in shares of Janus International Group by 130.0% during the 4th quarter. Clearstead Advisors LLC now owns 5,338 shares of the company’s stock worth $35,000 after buying an additional 3,017 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Janus International Group during the 2nd quarter worth about $62,000. HB Wealth Management LLC acquired a new position in Janus International Group in the 2nd quarter valued at about $69,000. Finally, Revolve Wealth Partners LLC bought a new position in Janus International Group in the 2nd quarter valued at about $70,000. Institutional investors own 88.78% of the company’s stock.

Janus International Group Company Profile

Janus International Group, Inc (NYSE:JBI) is a manufacturer and provider of building products and services for the self-storage and commercial and industrial sectors. The company serves facility owners, operators, developers and contractors with products designed for new construction, facility expansion, repair, remodeling and retrofitting.

Its product portfolio includes roll-up doors, hallway systems, self-storage building components, commercial and industrial doors, relocatable storage units, access-control systems and facility automation technologies.