STOCK TITAN

Janus International Group, Inc. - JBI STOCK NEWS

Welcome to our dedicated page for Janus International Group news (Ticker: JBI), a resource for investors and traders seeking the latest updates and insights on Janus International Group stock.

Janus International Group, Inc. (NYSE: JBI) is a leading provider of turnkey building solutions for the self-storage, commercial, and industrial markets. With a strong global presence, Janus offers a diverse range of products, including roll-up and swing doors, hallway systems, relocatable storage units, and advanced access control technologies.

The company operates through two primary segments: Janus North America and Janus International. Janus International mainly covers Europe and Australia, while Janus North America handles operations within North America under entities such as Janus Core and Betco, Inc.

Janus is known for its innovative and virtually maintenance-free designs, which are user-friendly and easy to install. The company also provides portable storage containers and hallway systems specifically for the self-storage industry. One of Janus's key strengths is its ability to deliver customized, built-to-order products supported by comprehensive installation services and cutting-edge automation technologies sold under the Nokē brand.

Recently, Janus has achieved significant milestones under the ownership of Clearlake Capital Group, L.P. Clearlake acquired Janus in February 2018 and saw the company through its public listing on the New York Stock Exchange in June 2021. During this period, Janus underwent a strategic transformation that included the development of new access control technologies and the acquisition of seven companies, such as DBCI, Nokē, and Betco.

These initiatives have driven over 140% growth in EBITDA and bolstered Janus's position in the market. With a focus on both organic and inorganic growth, the company has expanded its addressable market, vertically integrated its operations, and enhanced its global footprint. Today, Janus serves over 10,000 active customers worldwide, offering a compelling value proposition centered around innovation, quality, and customer satisfaction.

Rhea-AI Summary

Janus International Group, Inc. (NYSE: JBI), a leader in access control technologies for self-storage and commercial sectors, has announced participation in several investor conferences. Key dates include the Wolfe Research Global Transportation & Industrials Conference on May 26, 2022, the KeyBanc Industrials & Basic Materials Conference on June 2, 2022, the Stifel Cross Sector Insight Conference on June 7, 2022, and the UBS Global Industrials and Transportation Conference on June 8, 2022. These events highlight Janus's commitment to engaging with investors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.47%
Tags
conferences
-
Rhea-AI Summary

Janus International Group, Inc. (JBI) reported impressive first-quarter 2022 results, achieving 50.2% revenue growth to $229.5 million, aided by a strong performance in all sales channels. Adjusted EBITDA increased by 37.0% to $44.7 million, with an Adjusted EBITDA margin of 19.5%. Net income rose to $19.7 million, translating to $0.13 per diluted share. The company is raising its full-year revenue guidance to $890 million to $910 million and Adjusted EBITDA guidance to $193 million to $200 million, indicating a positive outlook for 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.81%
Tags
-
Rhea-AI Summary

Janus International Group, Inc. (NYSE: JBI) will release its first quarter 2022 financial results before market open on May 17, 2022. The company plans a webcast and conference call at 10:00 a.m. Eastern time to discuss these results and recent events. The live webcast will be available on the company's website, along with an archived replay. Janus is a global leader in manufacturing self-storage and industrial building solutions, offering products like automated doors and hallway systems.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.91%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.44%
Tags
none
-
Rhea-AI Summary

Janus International Group, Inc. (NYSE: JBI) has unveiled the Nokē Screen, an advanced access control solution designed for the self-storage industry. This innovative product features a customizable graphic display, Wi-Fi and Bluetooth connectivity, and a 2-in-1 controller-keypad design, which enhances functionality and reduces upgrade costs. With seamless migration capabilities and advanced features, including tenant mobile app access and remote control, Nokē Screen aims to meet the growing demand for updated access control systems among self-storage operators, all backed by 24/7 customer support.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
Tags
none
-
Rhea-AI Summary

Janus International Group reported 58.4% revenue growth for Q4, reaching $235.4 million. Adjusted EBITDA increased 26.7% year-over-year to $43.3 million. Net income was $10.3 million ($0.07 per share), down from $15.1 million ($0.23 per share) due to rising costs. Full-year 2021 revenue grew 36.6% to $750.2 million, but net income declined to $43.8 million ($0.40 per share). For 2022, guidance forecasts revenue of $845 million to $865 million and adjusted EBITDA of $183 million to $190 million, showing continued optimism amid operational challenges.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.55%
Tags
Rhea-AI Summary

Janus International Group (NYSE: JBI) will announce its fourth quarter and full year 2021 financial results on Tuesday, March 15, 2022, before the market opens. A webcast and conference call are scheduled for 10:00 a.m. Eastern time to discuss results and engage in a Q&A session. Investors can access the call via the company’s website or by phone. Janus specializes in access control technologies and building product solutions for the self-storage and industrial sectors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.25%
Tags
none
-
Rhea-AI Summary

Janus International Group, Inc. (NYSE: JBI) announced participation in the KeyBanc Capital Markets Self Storage Investor Forum on January 6, 2022. As a leading provider of access control technologies and building product solutions, Janus serves the self-storage and commercial sectors. The company manufactures roll-up doors, hallway systems, and facility automation technologies, operating from multiple U.S. locations and six international sites. This forum presents an opportunity for investors to gain insights into the company's strategic directions and market positioning.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
Tags
conferences
-
Rhea-AI Summary

Janus International Group (NYSE: JBI) has announced participation in two upcoming investor conferences in November 2021. Senior management will attend the Baird 51st Annual Global Industrial Conference on November 11, 2021, and the Wolfe Virtual Industrial Growth & Technology Conference on November 15, 2021. Janus is known for its innovative access control technologies and building products tailored for the self-storage and industrial sectors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.1%
Tags
conferences
Rhea-AI Summary

Janus International Group, Inc. (NYSE: JBI) reported a robust 33.8% revenue growth for Q3 2021 to $187.8 million, aided by significant contributions from recent acquisitions and a recovery in demand. Net income fell to $17.7 million from $20.8 million, impacted by rising raw material, labor, and logistics costs. The company anticipates 2021 revenues between $718 million and $738 million, indicating a promising 32.6% growth compared to the previous year. Janus continues to strengthen its market position with strategic acquisitions and a focus on cost-containment measures.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.92%
Tags

FAQ

What is the current stock price of Janus International Group (JBI)?

The current stock price of Janus International Group (JBI) is $7.41 as of November 22, 2024.

What is the market cap of Janus International Group (JBI)?

The market cap of Janus International Group (JBI) is approximately 1.0B.

What products does Janus International Group, Inc. offer?

Janus offers roll-up and swing doors, hallway systems, relocatable storage units, and access control technologies.

What are the main segments of Janus International Group?

The company operates through Janus North America and Janus International, which covers Europe and Australia.

What recent achievements has Janus International Group made?

Under Clearlake Capital's ownership, Janus developed new access control technologies, made seven acquisitions, and achieved over 140% EBITDA growth.

Where can I find Janus International's products?

Janus serves a global customer base with products available in North America, Europe, Australia, and other regions.

What makes Janus International’s products unique?

Their products are virtually maintenance-free, easy to use, and installation-friendly, offering innovative solutions for various markets.

Who recently exited their investment in Janus International Group?

Clearlake Capital Group, L.P. sold its remaining shares and fully exited its investment in December 2023.

What is the Nokē brand?

Nokē is Janus International’s brand for proprietary access control technologies used in self-storage and other facilities.

How many active customers does Janus International serve?

Janus International serves over 10,000 active customers worldwide.

Who is the CEO of Janus International Group, Inc.?

The CEO of Janus International Group, Inc. is Ramey Jackson.

What is the focus of Janus International's growth strategy?

Their growth strategy focuses on organic initiatives such as expanding markets and vertically integrating operations, as well as inorganic growth through acquisitions.

Janus International Group, Inc.

NYSE:JBI

JBI Rankings

JBI Stock Data

1.04B
135.40M
4.02%
113.18%
10.8%
Building Products & Equipment
Metal Doors, Sash, Frames, Moldings & Trim
Link
United States of America
TEMPLE