Janus International Group (JBI) Scheduled to Post Quarterly Earnings on Thursday

Janus International Group (NYSE:JBI) will be posting its quarterly earnings results before the market opens on Thursday, May 9th. Analysts expect Janus International Group to post earnings of $0.19 per share for the quarter. Janus International Group has set its FY 2024 guidance at EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Janus International Group (NYSE:JBI) last released its quarterly earnings results on Wednesday, February 28th. The company reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.01). Janus International Group had a net margin of 12.73% and a return on equity of 30.00%. The business had revenue of $263.70 million for the quarter, compared to analyst estimates of $284.01 million. During the same period in the prior year, the business earned $0.22 earnings per share. The company’s revenue for the quarter was down 5.7% on a year-over-year basis. On average, analysts expect Janus International Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Janus International Group Trading Up 0.3 %

JBI stock opened at $13.82 on Tuesday. The business has a fifty day moving average price of $14.68 and a 200 day moving average price of $13.14. Janus International Group has a fifty-two week low of $8.66 and a fifty-two week high of $15.86. The stock has a market capitalization of $2.03 billion, a price-to-earnings ratio of 15.02 and a beta of 0.95. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.66 and a quick ratio of 2.38.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Benchmark lowered their target price on Janus International Group from $22.00 to $21.00 and set a “buy” rating for the company in a research note on Friday, March 1st. Jefferies Financial Group started coverage on Janus International Group in a report on Monday, April 15th. They set a “buy” rating and a $20.00 target price on the stock. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $16.30.

Insider Activity at Janus International Group

In other Janus International Group news, EVP Morgan Hodges sold 150,000 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $15.26, for a total transaction of $2,289,000.00. Following the transaction, the executive vice president now owns 203,865 shares of the company’s stock, valued at $3,110,979.90. The sale was disclosed in a document filed with the SEC, which is available through this link. In other Janus International Group news, EVP Morgan Hodges sold 150,000 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $15.26, for a total transaction of $2,289,000.00. Following the transaction, the executive vice president now owns 203,865 shares of the company’s stock, valued at $3,110,979.90. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Ramey Pierce Jackson sold 100,000 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $15.26, for a total value of $1,526,000.00. Following the completion of the transaction, the chief executive officer now directly owns 564,510 shares in the company, valued at approximately $8,614,422.60. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 340,000 shares of company stock valued at $5,189,300. 42.90% of the stock is owned by insiders.

About Janus International Group

Janus International Group, Inc manufacturers and supplies turn-key self-storage, and commercial and industrial building solutions in North America and internationally. The company offers roll up and swing doors, hallway systems, relocatable storage moveable additional storage structures units, and other solutions.