Janus International Group Inc [NYSE: JBI] gained 0.20% on the last trading session, reaching $14.94 price per share at the time.
If compared to the average trading volume of 1.35M shares, JBI reached a trading volume of 2374634 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Janus International Group Inc [JBI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JBI shares is $17.93 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JBI stock is a recommendation set at 1.29. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for Janus International Group Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 15, 2024. While these analysts kept the previous recommendation, Wolfe Research raised their target price to Outperform. The new note on the price target was released on July 24, 2023, representing the official price target for Janus International Group Inc stock. Previously, the target price had yet another raise to $15, while CJS Securities analysts kept a Market Outperform rating on JBI stock.
The Average True Range (ATR) for Janus International Group Inc is set at 0.38, with the Price to Sales ratio for JBI stock in the period of the last 12 months amounting to 2.06. The Price to Book ratio for the last quarter was 4.22, with the Price to Cash per share for the same quarter was set at 1.17. Price to Free Cash Flow for JBI in the course of the last twelve months was 11.20 with Quick ratio for the last quarter at 2.38.
Trading performance analysis for JBI stock
Janus International Group Inc [JBI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.70. With this latest performance, JBI shares gained by 0.74% in over the last four-week period, additionally plugging by 47.92% over the last 6 months – not to mention a rise of 63.10% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JBI stock in for the last two-week period is set at 55.35, with the RSI for the last a single of trading hit 58.79, and the three-weeks RSI is set at 54.41 for Janus International Group Inc [JBI]. The present Moving Average for the last 50 days of trading for this stock 14.79, while it was recorded at 14.64 for the last single week of trading, and 12.22 for the last 200 days.
Janus International Group Inc [JBI]: A deeper dive into fundamental analysis
Janus International Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.38 and a Current Ratio set at 2.66.
An analysis of Institutional ownership at Janus International Group Inc [JBI]
The top three institutional holders of JBI stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in JBI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in JBI stock with ownership which is approximately 5.8386%.
