Aristides Capital LLC Invests $249,000 in Janus International Group, Inc. (NYSE:JBI)

Aristides Capital LLC bought a new position in Janus International Group, Inc. (NYSE:JBI) in the first quarter, HoldingsChannel reports. The firm bought 16,442 shares of the company’s stock, valued at approximately $249,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of JBI. Tucker Asset Management LLC bought a new stake in Janus International Group during the 4th quarter valued at $35,000. McGlone Suttner Wealth Management Inc. bought a new stake in Janus International Group during the 4th quarter valued at $52,000. Principal Financial Group Inc. bought a new stake in Janus International Group during the 1st quarter valued at $173,000. Kendall Capital Management bought a new stake in Janus International Group during the 4th quarter valued at $176,000. Finally, Saxon Interests Inc. bought a new stake in Janus International Group during the 1st quarter valued at $189,000. Hedge funds and other institutional investors own 88.78% of the company’s stock.

Janus International Group Price Performance

Shares of NYSE:JBI traded up $0.65 during midday trading on Friday, hitting $14.56. The company had a trading volume of 1,946,530 shares, compared to its average volume of 2,082,780. Janus International Group, Inc. has a twelve month low of $9.16 and a twelve month high of $15.86. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.95 and a quick ratio of 2.63. The stock has a market cap of $2.13 billion, a price-to-earnings ratio of 15.33 and a beta of 0.91. The business’s 50-day simple moving average is $13.33 and its 200-day simple moving average is $14.11.

Janus International Group (NYSE:JBI) last released its quarterly earnings results on Thursday, May 9th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.19 by $0.02. Janus International Group had a return on equity of 28.95% and a net margin of 13.14%. The business had revenue of $254.50 million during the quarter, compared to analyst estimates of $252.90 million. During the same period last year, the business posted $0.18 earnings per share. The company’s quarterly revenue was up 1.0% on a year-over-year basis. On average, research analysts predict that Janus International Group, Inc. will post 1.03 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on JBI shares. Benchmark reissued a “buy” rating and issued a $21.00 price target on shares of Janus International Group in a research report on Tuesday, May 14th. Jefferies Financial Group started coverage on Janus International Group in a research report on Monday, April 15th. They issued a “buy” rating and a $20.00 price target for the company. One analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.88.

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.