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Janus International Group Inc (NYSE: JBI) closed the day trading at $14.48 down -3.92% from the previous closing price of $15.07. In other words, the price has decreased by -$3.92 from its previous closing price. On the day, 1.21 million shares were traded. JBI stock price reached its highest trading level at $14.92 during the session, while it also had its lowest trading level at $14.19.
Ratios:
For a better understanding of JBI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.79. 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:
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 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 2126706432 and an Enterprise Value of 2621808640. As of this moment, Janus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.67, and their Forward P/E ratio for the next fiscal year is 12.71. 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 4.09. Its current Enterprise Value per Revenue stands at 2.459 whereas that against EBITDA is 9.167.
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 -2.15%, while the 200-Day Moving Average is calculated to be 17.50%.
Shares Statistics:
Over the past 3-months, JBI traded about 1.37M shares per day on average, while over the past 10 days, JBI traded about 1696530 shares per day. 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 89.96% stake in the company. Shares short for JBI as of 1713139200 were 7364527 with a Short Ratio of 5.36, compared to 1710460800 on 5883424. Therefore, it implies a Short% of Shares Outstanding of 7364527 and a Short% of Float of 8.75.
