Janus International Group Inc (NYSE:JBI) price on Friday, February 07, fall -1.45% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $8.13.
A look at the stock’s price movement, the close in the last trading session was $8.25, moving within a range at $8.1109 and $8.22. The beta value (5-Year monthly) was 0.919 while the PE ratio in trailing twelve months stood at 11.25. Turning to its 52-week performance, $15.86 and $6.68 were the 52-week high and 52-week low respectively. Overall, JBI moved 10.31% over the past month.
Janus International Group Inc’s market cap currently stands at around $1.15 billion, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 185.19M for the company’s revenue for the quarter, with a low and high estimate of 182.1M and 187.9M respectively. The average forecast suggests down to a -29.77% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 918.17M, representing a -13.90% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that JBI is a Hold. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend JBI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
JBI’s current price about 3.53% and 6.13% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 55.51, while 7-day volatility ratio is 2.36% and 3.60% in the 30-day chart. Further, Janus International Group Inc (JBI) has a beta value of 0.97, and an average true range (ATR) of 0.28. Analysts have given the company’s stock an average 52-week price target of $9.25, forecast between a low of $7.5 and high of $11. Looking at the price targets, the low is 7.75% off current price level while to achieve the yearly target high, price needs to move -35.3%. Nonetheless, investors will most likely welcome a -13.78% jump to $9.25 which is the analysts’ median price.
If we refocus on Janus International Group Inc (NYSE:JBI), historical trading data shows that trading volumes averaged 1.11 over the past 10 days and 1.57 million over the past 3 months. The company’s latest data on shares outstanding shows there are 141.07 million shares.
The 4.14% of Janus International Group Inc’s shares are in the hands of company insiders while institutional holders own 105.43% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 12.35 million on 2025-01-15, giving us a short ratio of 7.21. The data shows that as of 2025-01-15 short interest in Janus International Group Inc (JBI) stood at 911.0 of shares outstanding, with shares short falling to 13.19 million registered in 2024-12-13. Current price change has pushed the stock 10.61% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the JBI stock continues to rise going into the next quarter.
