In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Janus International Group Inc (NYSE: JBI) closed at $8.25 in the last session, up 1.10% from day before closing price of $8.16. In other words, the price has increased by $1.10 from its previous closing price. On the day, 0.71 million shares were traded. JBI stock price reached its highest trading level at $8.26 during the session, while it also had its lowest trading level at $8.095.
Ratios:
We take a closer look at JBI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.68. For the most recent quarter (mrq), Quick Ratio is recorded 2.39 and its Current Ratio is at 2.80. In the meantime, Its Debt-to-Equity ratio is 1.23 whereas as Long-Term Debt/Eq ratio is at 1.20.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on November 04, 2024, Downgraded its rating to Hold and sets its target price to $7.50 from $12 previously.
On April 15, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $20.Jefferies initiated its Buy rating on April 15, 2024, with a $20 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 29 ’24 when Frayser Peter sold 15,000 shares for $15.00 per share. The transaction valued at 225,015 led to the insider holds 217,805 shares of the business.
Frayser Peter sold 20,000 shares of JBI for $270,506 on Jun 12 ’24. The Chief Commercial Officer now owns 232,805 shares after completing the transaction at $13.53 per share. On Feb 15 ’24, another insider, Nettie Norman V, who serves as the Vice President, Manufacturing of the company, sold 90,000 shares for $15.27 each. As a result, the insider received 1,374,219 and left with 285,786 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JBI now has a Market Capitalization of 1163868800 and an Enterprise Value of 1694969344. As of this moment, Janus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.42, and their Forward P/E ratio for the next fiscal year is 19.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 2.21. Its current Enterprise Value per Revenue stands at 1.7 whereas that against EBITDA is 6.899.
Stock Price History:
The Beta on a monthly basis for JBI is 0.97, which has changed by -0.46031743 over the last 52 weeks, in comparison to a change of 0.20587826 over the same period for the S&P500. Over the past 52 weeks, JBI has reached a high of $15.86, while it has fallen to a 52-week low of $6.68. The 50-Day Moving Average of the stock is 7.90%, while the 200-Day Moving Average is calculated to be -22.15%.
Shares Statistics:
According to the various share statistics, JBI traded on average about 1.62M shares per day over the past 3-months and 1142200 shares per day over the past 10 days. A total of 141.07M shares are outstanding, with a floating share count of 135.24M. Insiders hold about 4.14% of the company’s shares, while institutions hold 106.32% stake in the company. Shares short for JBI as of 1736899200 were 12348003 with a Short Ratio of 7.60, compared to 1734048000 on 13186474. Therefore, it implies a Short% of Shares Outstanding of 12348003 and a Short% of Float of 9.11.
