Janus International Group Inc [JBI] moved down -29.78: Why It’s Important

Janus International Group Inc [NYSE: JBI] stock went on a downward path that fall over -29.78% on Tuesday, amounting to a one-week price decrease of less than -26.79%.

Over the last 12 months, JBI stock dropped by -21.81%. The one-year Janus International Group Inc stock forecast points to a potential upside of 44.31. The average equity rating for JBI stock is currently 1.67, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $1.05 billion, with 146.86 million shares outstanding and 139.53 million shares in the current float. Compared to the average trading volume of 2.37M shares, JBI stock reached a trading volume of 21253209 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $13.00 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 1.67. 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.

Wolfe Research have made an estimate for Janus International Group Inc shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on August 12, 2024. While these analysts kept the previous recommendation, Jefferies raised their target price to Buy. The new note on the price target was released on April 15, 2024, representing the official price target for Janus International Group Inc stock. Previously, the target price had yet another raise to $14, while Wolfe Research analysts kept a Outperform rating on JBI stock.

The Average True Range (ATR) for Janus International Group Inc is set at 0.53, with the Price to Sales ratio for JBI stock in the period of the last 12 months amounting to 1.01. The Price to Book ratio for the last quarter was 1.89, with the Price to Cash per share for the same quarter was set at 0.76. Price to Free Cash Flow for JBI in the course of the last twelve months was 6.65 with Quick ratio for the last quarter at 2.47.

JBI Stock Performance Analysis:

Janus International Group Inc [JBI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -26.79. With this latest performance, JBI shares dropped by -28.39% in over the last four-week period, additionally sinking by -49.76% over the last 6 months – not to mention a drop of -21.81% 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 20.80, with the RSI for the last a single of trading hit 16.30, and the three-weeks RSI is set at 24.55 for Janus International Group Inc [JBI]. The present Moving Average for the last 50 days of trading for this stock 10.17, while it was recorded at 9.46 for the last single week of trading, and 12.97 for the last 200 days.

Insight into Janus International Group Inc Fundamentals:

Janus International Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.47 and a Current Ratio set at 2.82.

JBI Stock EPS

With the latest financial reports released by the company, Janus International Group Inc posted 0.27/share EPS, while the average EPS was predicted by analysts to be reported at 0.24/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.03. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for JBI.

Janus International Group Inc [JBI] Institutonal Ownership Details

There are presently around $114.71%, or 119.37%% of JBI stock, in the hands of institutional investors. The top three institutional holders of JBI stocks are: VANGUARD GROUP INC with ownership of 13.03 million shares, which is approximately 8.8845%. BLACKROCK INC., holding 11.27 million shares of the stock with an approximate value of $$142.38 million in JBI stocks shares; and BLACKROCK INC., currently with $$96.87 million in JBI stock with ownership which is approximately 5.2319%.