Janus International Group Inc [NYSE: JBI] price surged by 13.03 percent to reach at $1.05.
The one-year JBI stock forecast points to a potential upside of 8.9. The average equity rating for JBI stock is currently 1.80, trading closer to a bullish pattern in the stock market.
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 $10.00 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 1.80. 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 Hold, with their previous recommendation back on November 04, 2024. The new note on the price target was released on August 12, 2024, representing the official price target for Janus International Group Inc stock. Previously, the target price had yet another raise to $20, while Jefferies analysts kept a Buy rating on JBI stock.
The Average True Range (ATR) for Janus International Group Inc is set at 0.40, with the Price to Sales ratio for JBI stock in the period of the last 12 months amounting to 1.29. The Price to Book ratio for the last quarter was 2.44, with the Price to Cash per share for the same quarter was set at 0.72. Price to Free Cash Flow for JBI in the course of the last twelve months was 8.48 with Quick ratio for the last quarter at 2.39.
JBI Stock Performance Analysis:
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 11.51. With this latest performance, JBI shares gained by 8.32% in over the last four-week period, additionally sinking by -19.09% over the last 6 months – not to mention a drop of -40.30% 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 67.94, with the RSI for the last a single of trading hit 73.16, and the three-weeks RSI is set at 64.07 for Janus International Group Inc [JBI]. The present Moving Average for the last 50 days of trading for this stock 7.82, while it was recorded at 8.19 for the last single week of trading, and 10.20 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 2.39 and a Current Ratio set at 2.80.
Janus International Group Inc [JBI] Institutonal Ownership Details
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 5.2587%.
