Janus International Group, Inc. (NYSE:JBI) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Janus International Group, Inc. (NYSE:JBI) have received a consensus recommendation of “Moderate Buy” from the five brokerages that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $15.25.

JBI has been the topic of a number of recent research reports. KeyCorp decreased their price objective on shares of Janus International Group from $17.00 to $15.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Benchmark decreased their price target on shares of Janus International Group from $21.00 to $14.00 and set a “buy” rating for the company in a research report on Friday, August 9th. Wolfe Research lowered Janus International Group from an “outperform” rating to a “peer perform” rating in a research report on Monday. Finally, UBS Group decreased their target price on Janus International Group from $14.50 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, August 8th.

Insider Buying and Selling at Janus International Group

In other 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 transaction of $225,000.00. Following the sale, the insider now directly owns 217,805 shares of the company’s stock, valued at $3,267,075. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 3.94% of the stock is currently owned by corporate insiders.

Institutional Trading of Janus International Group

A number of hedge funds have recently made changes to their positions in the stock. Entropy Technologies LP grew its holdings in Janus International Group by 4.5% during the 1st quarter. Entropy Technologies LP now owns 21,126 shares of the company’s stock worth $320,000 after acquiring an additional 901 shares in the last quarter. Sage Mountain Advisors LLC lifted its position in shares of Janus International Group by 4.5% during the second quarter. Sage Mountain Advisors LLC now owns 23,200 shares of the company’s stock worth $293,000 after purchasing an additional 990 shares during the last quarter. ProShare Advisors LLC grew its stake in Janus International Group by 8.5% in the first quarter. ProShare Advisors LLC now owns 15,267 shares of the company’s stock worth $231,000 after purchasing an additional 1,201 shares in the last quarter. Amalgamated Bank increased its holdings in Janus International Group by 73.2% in the second quarter. Amalgamated Bank now owns 4,909 shares of the company’s stock valued at $62,000 after buying an additional 2,074 shares during the last quarter. Finally, Los Angeles Capital Management LLC raised its stake in Janus International Group by 2.3% during the first quarter. Los Angeles Capital Management LLC now owns 101,029 shares of the company’s stock valued at $1,529,000 after buying an additional 2,260 shares in the last quarter. Institutional investors and hedge funds own 88.78% of the company’s stock.

Janus International Group Stock Down 1.0 %

Shares of NYSE:JBI opened at $10.50 on Thursday. The stock has a 50-day simple moving average of $12.91 and a 200-day simple moving average of $13.98. The stock has a market capitalization of $1.53 billion, a P/E ratio of 11.05 and a beta of 0.91. Janus International Group has a 1 year low of $9.16 and a 1 year high of $15.86. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.63 and a current ratio of 2.95.

About Janus International Group

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.