In the latest session, Janus International Group Inc (NYSE: JBI) closed at $14.35 up 1.27% from its previous closing price of $14.17. In other words, the price has increased by $+0.18 from its previous closing price. On the day, 2948587 shares were traded.
Ratios:
For a deeper understanding of Janus International Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.75. For the most recent quarter (mrq), Quick Ratio is recorded 2.38 and its Current Ratio is at 2.66. In the meantime, Its Debt-to-Equity ratio is 1.28 whereas as Long-Term Debt/Eq ratio is at 1.26.
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 this company, Wolfe Research on July 24, 2023, initiated with a Outperform rating and assigned the stock a target price of $14.
On September 06, 2022, CJS Securities started tracking the stock assigning a Market Outperform rating and target price of $15.
On January 26, 2022, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $18.The Benchmark Company initiated its Buy rating on January 26, 2022, with a $18 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 16 when Jackson Ramey Pierce sold 125,000 shares for $15.44 per share. The transaction valued at 1,929,425 led to the insider holds 439,510 shares of the business.
Hodges Morgan sold 150,000 shares of JBI for $2,288,745 on Feb 15. The Executive Vice President now owns 203,865 shares after completing the transaction at $15.26 per share. On Feb 15, another insider, Jackson Ramey Pierce, who serves as the Chief Executive Officer of the company, sold 100,000 shares for $15.26 each. As a result, the insider received 1,526,000 and left with 564,510 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 2.11B and an Enterprise Value of 2.55B. As of this moment, Janus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.58, and their Forward P/E ratio for the next fiscal year is 12.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.98 while its Price-to-Book (P/B) ratio in mrq is 4.06. Its current Enterprise Value per Revenue stands at 2.39 whereas that against EBITDA is 9.05.
Stock Price History:
Over the past 52 weeks, JBI has reached a high of $15.86, while it has fallen to a 52-week low of $8.66. The 50-Day Moving Average of the stock is 14.04, while the 200-Day Moving Average is calculated to be 11.31.
Shares Statistics:
For the past three months, JBI has traded an average of 1.96M shares per day and 1.75M over the past ten days. A total of 146.86M shares are outstanding, with a floating share count of 136.96M. Insiders hold about 6.72% of the company’s shares, while institutions hold 89.15% stake in the company. Shares short for JBI as of Feb 15, 2024 were 3.97M with a Short Ratio of 2.03, compared to 3.86M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.70% and a Short% of Float of 4.71%.
Earnings Estimates
There are 3 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.21 for the current quarter, with a high estimate of $0.23 and a low estimate of $0.19, while EPS last year was $0.18. The consensus estimate for the next quarter is $0.27, with high estimates of $0.28 and low estimates of $0.26.
Analysts are recommending an EPS of between $1.11 and $1 for the fiscal current year, implying an average EPS of $1.04. EPS for the following year is $1.15, with 6 analysts recommending between $1.2 and $1.05.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $258.81M this quarter.It ranges from a high estimate of $265.42M to a low estimate of $250.8M. As of the current estimate, Janus International Group Inc’s year-ago sales were $251.9M, an estimated increase of 2.70% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $282.37M, an increase of 4.30% over than the figure of $2.70% in the same quarter last year. There is a high estimate of $285.81M for the next quarter, whereas the lowest estimate is $279.5M.
A total of 6 analysts have provided revenue estimates for JBI’s current fiscal year. The highest revenue estimate was $1.14B, while the lowest revenue estimate was $1.1B, resulting in an average revenue estimate of $1.12B. In the same quarter a year ago, actual revenue was $1.07B, up 5.40% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $1.17B in the next fiscal year. The high estimate is $1.19B and the low estimate is $1.14B. The average revenue growth estimate for next year is up 3.90% from the average revenue estimate for this year.
