Market Recap: Janus International Group Inc (JBI)’s Negative Momentum, Closing at 14.05

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The closing price of Janus International Group Inc (NYSE: JBI) was $14.05 for the day, down -2.50% from the previous closing price of $14.41. In other words, the price has decreased by -$2.50 from its previous closing price. On the day, 1.41 million shares were traded. JBI stock price reached its highest trading level at $14.46 during the session, while it also had its lowest trading level at $14.035.

Ratios:

Our analysis of JBI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.47. 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, Jefferies on April 15, 2024, initiated with a Buy rating and assigned the stock a target price of $20.

On July 24, 2023, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $14.

On September 06, 2022, CJS Securities started tracking the stock assigning a Market Outperform rating and target price of $15.CJS Securities initiated its Market Outperform rating on September 06, 2022, with a $15 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 16 ’24 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 ’24. The Executive Vice President now owns 203,865 shares after completing the transaction at $15.26 per share. On Feb 15 ’24, 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 2063551616 and an Enterprise Value of 2558668544. As of this moment, Janus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.20, and their Forward P/E ratio for the next fiscal year is 12.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.92 while its Price-to-Book (P/B) ratio in mrq is 3.97. Its current Enterprise Value per Revenue stands at 2.399 whereas that against EBITDA is 8.946.

Stock Price History:

The Beta on a monthly basis for JBI is 0.95, which has changed by 0.5715884 over the last 52 weeks, in comparison to a change of 0.23568535 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 $8.66. The 50-Day Moving Average of the stock is -4.75%, while the 200-Day Moving Average is calculated to be 13.30%.

Shares Statistics:

JBI traded an average of 1.39M shares per day over the past three months and 1595780 shares per day over the past ten days. A total of 146.86M shares are outstanding, with a floating share count of 135.59M. Insiders hold about 7.12% of the company’s shares, while institutions hold 90.19% stake in the company. Shares short for JBI as of 1713139200 were 7364527 with a Short Ratio of 5.28, compared to 1710460800 on 5883424. Therefore, it implies a Short% of Shares Outstanding of 7364527 and a Short% of Float of 8.75.

Earnings Estimates

Janus International Group Inc (JBI) is currently under the scrutiny of 7.0 analysts, each contributing to the ongoing evaluation of its stock.On average, analysts expect EPS of $0.19 for the current quarter, with a high estimate of $0.22 and a low estimate of $0.18, while EPS last year was $0.18. The consensus estimate for the next quarter is $0.27, with high estimates of $0.29 and low estimates of $0.26.

Analysts are recommending an EPS of between $1.07 and $0.99 for the fiscal current year, implying an average EPS of $1.02. EPS for the following year is $1.14, with 7.0 analysts recommending between $1.2 and $1.06.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $257.66M to a low estimate of $250M. As of the current estimate, Janus International Group Inc’s year-ago sales were $251.9MFor the next quarter, 7 analysts are estimating revenue of $283.81M. There is a high estimate of $290.73M for the next quarter, whereas the lowest estimate is $279.44M.

A total of 7 analysts have provided revenue estimates for JBI’s current fiscal year. The highest revenue estimate was $1.11B, while the lowest revenue estimate was $1.1B, resulting in an average revenue estimate of $1.11B. In the same quarter a year ago, actual revenue was $1.07BBased on 7 analysts’ estimates, the company’s revenue will be $1.16B in the next fiscal year. The high estimate is $1.18B and the low estimate is $1.14B.

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