For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $7.37 in the prior trading day, Janus International Group Inc (NYSE: JBI) closed at $7.00, down -5.02%. In other words, the price has decreased by -$5.02 from its previous closing price. On the day, 2.49 million shares were traded. JBI stock price reached its highest trading level at $7.33 during the session, while it also had its lowest trading level at $6.99.
Ratios:
Our goal is to gain a better understanding of JBI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.51. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 987525056 and an Enterprise Value of 1531322752. As of this moment, Janus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.69, and their Forward P/E ratio for the next fiscal year is 16.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99 while its Price-to-Book (P/B) ratio in mrq is 1.88. Its current Enterprise Value per Revenue stands at 1.536 whereas that against EBITDA is 6.232.
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 $6.68. The 50-Day Moving Average of the stock is -6.67%, while the 200-Day Moving Average is calculated to be -37.79%.
Shares Statistics:
The stock has traded on average 2.08M shares per day over the past 3-months and 1439630 shares per day over the last 10 days, according to various share statistics. 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 110.79% stake in the company. Shares short for JBI as of 1734048000 were 13186474 with a Short Ratio of 6.33, compared to 1731628800 on 13309750. Therefore, it implies a Short% of Shares Outstanding of 13186474 and a Short% of Float of 9.7200006.
