Janus International Group Inc (NYSE: JBI) is -40.23% lower on its value in year-to-date trading and has touched a low of $6.68 and a high of $15.86 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JBI stock was last observed hovering at around $7.02 in the last trading session, with the day’s gains setting it 0.78%.
Currently trading at $7.80, the stock is -14.77% and -19.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.95 million and changing 11.11% at the moment leaves the stock -38.94% off its SMA200. JBI registered -20.81% loss for a year compared to 6-month loss of -41.79%. The firm has a 50-day simple moving average (SMA 50) of $9.7874 and a 200-day simple moving average (SMA200) of $12.8055.
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The stock witnessed a -21.69% gain in the last 1 month and extending the period to 3 months gives it a -25.78%, and is 7.14% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.49% over the week and 3.96% over the month.
Janus International Group Inc (JBI) has around 1864 employees, a market worth around $1.10B and $996.70M in sales. Current P/E ratio is 10.79 and Fwd P/E is 18.64. Profit margin for the company is 10.63%. Distance from 52-week low is 16.85% and -50.82% from its 52-week high. The company has generated returns on investments over the last 12 months (9.14%).
Janus International Group Inc quarterly earnings per share for the current quarter are estimated at 0.06 with sales reaching $185.19M over the same period.The EPS is expected to shrink by -42.88% this year, but quarterly earnings will post -13.90% year-over-year. Quarterly sales are estimated to shrink -29.80% in year-over-year returns.
316.0 institutions hold shares in Janus International Group Inc (JBI), with institutional investors hold 124.06% of the company’s shares. The shares outstanding are 146.86M, and float is at 135.45M with Short Float at 16.09%. Institutions hold 119.07% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 13.03 million shares valued at $164.51 million. The investor’s holdings represent 8.8845 of the JBI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 11.27 million shares valued at $142.38 million to account for 7.6897 of the shares outstanding. The other top investors are FMR LLC which holds 7.67 million shares representing 5.2319 and valued at over $96.87 million, while JPMORGAN CHASE & CO holds 4.563 of the shares totaling 6.69 million with a market value of $84.49 million.
Janus International Group Inc (JBI) Insider Activity
The most recent transaction is an insider sale by Frayser Peter, the company’s Chief Commercial Officer. SEC filings show that Frayser Peter sold 15,000 shares of the company’s common stock on Jul 29 ’24 at a price of $15.00 per share for a total of $0.23 million. Following the sale, the insider now owns 0.22 million shares.
Janus International Group Inc disclosed in a document filed with the SEC on Jun 12 ’24 that Frayser Peter (Chief Commercial Officer) sold a total of 20,000 shares of the company’s common stock. The trade occurred on Jun 12 ’24 and was made at $13.53 per share for $0.27 million. Following the transaction, the insider now directly holds 0.23 million shares of the JBI stock.
Still, SEC filings show that on Feb 15 ’24, Nettie Norman V (Vice President, Manufacturing) disposed off 90,000 shares at an average price of $15.27 for $1.37 million. The insider now directly holds 285,786 shares of Janus International Group Inc (JBI).
