Janus International Group (NYSE:JBI) Price Target Lowered to $15.00 at KeyCorp

Janus International Group (NYSE:JBI) had its target price reduced by KeyCorp from $17.00 to $15.00 in a research report released on Thursday morning, Benzinga reports. KeyCorp currently has an overweight rating on the stock.

Several other analysts also recently issued reports on JBI. Jefferies Financial Group assumed coverage on Janus International Group in a research note on Monday, April 15th. They set a buy rating and a $20.00 price target for the company. UBS Group lowered their price target on Janus International Group from $14.50 to $12.00 and set a neutral rating on the stock in a report on Thursday. Finally, Benchmark restated a buy rating and issued a $21.00 price objective on shares of Janus International Group in a research note on Tuesday, May 14th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Janus International Group currently has a consensus rating of Moderate Buy and a consensus price target of $14.50.

Janus International Group Stock Down 0.4 %

JBI stock traded down $0.04 during mid-day trading on Thursday, hitting $10.47. The stock had a trading volume of 3,587,396 shares, compared to its average volume of 1,878,122. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 10.95 and a beta of 0.91. The company has a current ratio of 2.95, a quick ratio of 2.63 and a debt-to-equity ratio of 1.13. Janus International Group has a 1-year low of $9.16 and a 1-year high of $15.86. The company has a fifty day moving average of $13.16 and a 200 day moving average of $14.08.

Janus International Group (NYSE:JBI) last released its quarterly earnings data on Wednesday, August 7th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.07). The firm had revenue of $248.40 million during the quarter, compared to analyst estimates of $287.42 million. Janus International Group had a return on equity of 28.95% and a net margin of 13.14%. On average, equities analysts expect that Janus International Group will post 1.03 EPS for the current fiscal year.

Insider Activity

In other Janus International Group news, insider Peter Frayser sold 15,000 shares of the stock in a transaction on Monday, July 29th. The shares were sold at an average price of $15.00, for a total value of $225,000.00. Following the completion of the sale, the insider now directly owns 217,805 shares of the company’s stock, valued at approximately $3,267,075. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 3.94% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Arizona State Retirement System raised its position in Janus International Group by 20.9% in the fourth quarter. Arizona State Retirement System now owns 32,836 shares of the company’s stock worth $429,000 after purchasing an additional 5,678 shares in the last quarter. DekaBank Deutsche Girozentrale lifted its position in shares of Janus International Group by 16.6% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 18,101 shares of the company’s stock worth $237,000 after buying an additional 2,572 shares during the period. Kendall Capital Management acquired a new stake in Janus International Group in the 4th quarter valued at $176,000. Mutual of America Capital Management LLC grew its position in Janus International Group by 53.8% in the fourth quarter. Mutual of America Capital Management LLC now owns 248,767 shares of the company’s stock valued at $3,246,000 after acquiring an additional 87,047 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Janus International Group by 17.9% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,833 shares of the company’s stock worth $285,000 after acquiring an additional 3,309 shares in the last quarter. 88.78% of the stock is 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.