Janus International Group Inc (JBI) Beta Value: Understanding the Market Risk

The price-to-earnings ratio for Janus International Group Inc (NYSE: JBI) is above average at 14.53x. The 36-month beta value for JBI is also noteworthy at 0.91. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

The public float for JBI is 140.18M, and at present, short sellers hold a 15.55% of that float. The average trading volume of JBI on July 24, 2024 was 1.95M shares.

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JBI) stock’s latest price update

Janus International Group Inc (NYSE: JBI)’s stock price has plunge by 0.65relation to previous closing price of 13.80. Nevertheless, the company has seen a 2.66% surge in its stock price over the last five trading sessions. zacks.com reported 2024-07-17 that Janus’ (JBI) new self-storage door solutions to address industry theft concerns with enhanced security features.

JBI’s Market Performance

JBI’s stock has risen by 2.66% in the past week, with a monthly rise of 7.42% and a quarterly drop of -8.20%. The volatility ratio for the week is 2.36% while the volatility levels for the last 30 days are 2.51% for Janus International Group Inc The simple moving average for the last 20 days is 7.79% for JBI stock, with a simple moving average of 6.36% for the last 200 days.

Analysts’ Opinion of JBI

Many brokerage firms have already submitted their reports for JBI stocks, with Jefferies repeating the rating for JBI by listing it as a “Buy.” The predicted price for JBI in the upcoming period, according to Jefferies is $20 based on the research report published on April 15, 2024 of the current year 2024.

Wolfe Research, on the other hand, stated in their research note that they expect to see JBI reach a price target of $14. The rating they have provided for JBI stocks is “Outperform” according to the report published on July 24th, 2023.

CJS Securities gave a rating of “Market Outperform” to JBI, setting the target price at $15 in the report published on September 06th of the previous year.

JBI Trading at 3.99% from the 50-Day Moving Average

After a stumble in the market that brought JBI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.42% of loss for the given period.

Volatility was left at 2.51%, however, over the last 30 days, the volatility rate increased by 2.36%, as shares surge +10.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.50% upper at present.

During the last 5 trading sessions, JBI rose by +2.70%, which changed the moving average for the period of 200-days by +33.22% in comparison to the 20-day moving average, which settled at $12.95. In addition, Janus International Group Inc saw 6.44% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at JBI starting from Frayser Peter, who sale 20,000 shares at the price of $13.53 back on Jun 12 ’24. After this action, Frayser Peter now owns 232,805 shares of Janus International Group Inc, valued at $270,506 using the latest closing price.

Jackson Ramey Pierce, the Chief Executive Officer of Janus International Group Inc, sale 125,000 shares at $15.44 during a trade that took place back on Feb 16 ’24, which means that Jackson Ramey Pierce is holding 439,510 shares at $1,929,425 based on the most recent closing price.

Stock Fundamentals for JBI

Current profitability levels for the company are sitting at:

  • 0.23 for the present operating margin
  • 0.42 for the gross margin

The net margin for Janus International Group Inc stands at 0.13. The total capital return value is set at 0.21. Equity return is now at value 29.92, with 10.84 for asset returns.

Based on Janus International Group Inc (JBI), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 1.15. The interest coverage ratio of the stock is 4.29.

Currently, EBITDA for the company is 292.3 million with net debt to EBITDA at 1.66. When we switch over and look at the enterprise to sales, we see a ratio of 2.36. The receivables turnover for the company is 4.7for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.95.

Conclusion

In summary, Janus International Group Inc (JBI) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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