JELD-WEN Holding, Inc. (NYSE:JELD) Given Average Rating of “Hold” by Analysts

by · The Cerbat Gem

JELD-WEN Holding, Inc. (NYSE:JELD – Get Free Report) has received an average recommendation of “Hold” from the ten analysts that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $16.80.

Several analysts recently commented on the stock. Royal Bank of Canada reaffirmed an “underperform” rating and set a $13.00 target price on shares of JELD-WEN in a report on Wednesday, August 7th. Barclays decreased their target price on JELD-WEN from $15.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Friday, July 12th. The Goldman Sachs Group dropped their price target on JELD-WEN from $19.00 to $14.00 and set a “neutral” rating for the company in a report on Wednesday, July 10th. Finally, Loop Capital reduced their price target on JELD-WEN from $17.00 to $16.00 and set a “hold” rating for the company in a research note on Friday, July 19th.

Get Our Latest Stock Analysis on JELD

Institutional Investors Weigh In On JELD-WEN

Several institutional investors and hedge funds have recently bought and sold shares of the company. The Manufacturers Life Insurance Company raised its position in shares of JELD-WEN by 7.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 43,436 shares of the company’s stock valued at $585,000 after buying an additional 3,066 shares in the last quarter. Engine Capital Management LP raised its position in JELD-WEN by 223.6% during the second quarter. Engine Capital Management LP now owns 1,162,303 shares of the company’s stock valued at $15,656,000 after purchasing an additional 803,095 shares in the last quarter. Xponance Inc. bought a new stake in JELD-WEN during the second quarter worth $198,000. Sei Investments Co. boosted its holdings in shares of JELD-WEN by 13.2% in the 2nd quarter. Sei Investments Co. now owns 17,999 shares of the company’s stock valued at $242,000 after purchasing an additional 2,100 shares in the last quarter. Finally, Inspire Investing LLC increased its stake in shares of JELD-WEN by 55.9% in the 2nd quarter. Inspire Investing LLC now owns 26,352 shares of the company’s stock valued at $355,000 after purchasing an additional 9,445 shares during the last quarter. Institutional investors own 95.04% of the company’s stock.

JELD-WEN Price Performance

Shares of NYSE JELD opened at $15.86 on Monday. JELD-WEN has a twelve month low of $11.02 and a twelve month high of $21.75. The company has a market cap of $1.36 billion, a PE ratio of 68.96 and a beta of 2.24. The business’s 50 day moving average price is $14.79 and its two-hundred day moving average price is $16.09. The company has a quick ratio of 1.33, a current ratio of 2.03 and a debt-to-equity ratio of 1.53.

JELD-WEN (NYSE:JELD – Get Free Report) last posted its quarterly earnings results on Monday, August 5th. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.11. JELD-WEN had a positive return on equity of 14.32% and a negative net margin of 0.92%. The business had revenue of $986.00 million for the quarter, compared to analysts’ expectations of $1 billion. During the same quarter in the prior year, the business earned $0.44 EPS. The firm’s revenue for the quarter was down 12.4% on a year-over-year basis. On average, analysts predict that JELD-WEN will post 1.31 EPS for the current year.

JELD-WEN Company Profile

(Get Free Report

JELD-WEN Holding, Inc designs, manufactures, and sells wood, metal, and composite materials doors, windows, and related building products in North America and Europe. The company offers a line of residential interior and exterior door products, including patio doors, and folding or sliding wall systems; non-residential doors; stile and rail doors; and wood, vinyl, and wood composite windows.

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