The price of Janus International Group Inc (NYSE:JBI) shares last traded on Wall Street rose 4.18% to $13.96.
JBI stock price is now -4.36% away from the 50-day moving average and 11.87% away from the 200-day moving average. The market capitalization of the company currently stands at $2.04B.
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With the price target of $20, Jefferies recently initiated with Buy rating for Janus International Group Inc (NYSE: JBI). On July 24, 2023, Wolfe Research recently initiated its ‘Outperform’ rating on the stock quoting a target price of $14, while ‘CJS Securities’ rates the stock as ‘Market Outperform’
In other news, Jackson Ramey Pierce, Chief Executive Officer sold 125,000 shares of the company’s stock on Feb 16 ’24. The stock was sold for $1,929,425 at an average price of $15.44. Upon completion of the transaction, the Chief Executive Officer now directly owns 439,510 shares in the company, valued at $6.14 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 15 ’24, Executive Vice President Hodges Morgan sold 150,000 shares of the business’s stock. A total of $2,288,745 was realized by selling the stock at an average price of $15.26. This leaves the insider owning 203,865 shares of the company worth $2.85 million. A total of 7.12% of the company’s stock is owned by insiders.
During the past 12 months, Janus International Group Inc has had a low of $8.66 and a high of $15.86. As of last week, the company has a debt-to-equity ratio of 1.28, a current ratio of 2.66, and a quick ratio of 2.38.
The net profit margin was 12.73% and return on equity was 30.34% for JBI. The company reported revenue of $263.79 million for the quarter, compared to $279.77 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.71 percent.
