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Investing.com - Jefferies has raised its price target on Janus International Group, Inc. (NYSE:JBI) to $10.00 from $9.00 while maintaining a Hold rating on the stock. The company’s shares, currently trading at $10.20, have shown impressive momentum with a 28.5% gain over the past six months. According to InvestingPro analysis, the stock is currently trading near its Fair Value, with an overall financial health score rated as "GOOD."
The research firm noted that Janus International has demonstrated better execution with cost reduction initiatives and market share gains from smaller competitors in the commercial segment.
Jefferies observed that pricing for Janus International has held up better than initially expected despite challenging macroeconomic conditions.
The firm indicated that while demand outlook remains challenged due to current credit market conditions, it has stabilized from the second half of 2024.
Jefferies highlighted that Janus International is beginning to showcase the value of its total solutions offering in the market.
In other recent news, Janus International Group reported its Q2 2025 earnings, surpassing expectations with an earnings per share (EPS) of $0.20 compared to the forecasted $0.12. The company also exceeded revenue projections, achieving $228.1 million against a forecast of $216.98 million. This performance occurred despite ongoing challenges in the self-storage demand market. Following the earnings announcement, KeyBanc raised its price target for Janus International Group from $10.00 to $12.00 while maintaining an Overweight rating on the stock. The firm’s decision was influenced by the company’s better-than-expected performance in the second quarter. These developments highlight recent positive momentum for Janus International Group.
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