JELD has been the topic of several other reports. Barclays reaffirmed a buy rating and set a $39.00 price objective on shares of Jeld-Wen in a report on Sunday, February 25th. Credit Suisse Group cut Jeld-Wen from an outperform rating to a neutral rating in a report on Wednesday, February 28th. Citigroup reaffirmed a hold rating and set a $35.00 price objective (down from $37.00) on shares of Jeld-Wen in a report on Thursday, March 1st. Jefferies Financial Group assumed coverage on Jeld-Wen in a report on Tuesday, April 17th. They set a hold rating and a $32.00 price objective on the stock. Finally, Zacks Investment Research raised Jeld-Wen from a hold rating to a buy rating and set a $32.00 price objective on the stock in a report on Tuesday, May 1st. One analyst has rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the company. The stock has an average rating of Hold and an average price target of $37.29.
Jeld-Wen opened at $28.44 on Monday, Marketbeat.com reports. Jeld-Wen has a 1-year low of $26.32 and a 1-year high of $42.27. The company has a quick ratio of 1.13, a current ratio of 1.96 and a debt-to-equity ratio of 1.70. The company has a market capitalization of $3.05 billion, a price-to-earnings ratio of 17.70, a price-to-earnings-growth ratio of 0.63 and a beta of 2.34.
Jeld-Wen (NYSE:JELD) last posted its quarterly earnings results on Tuesday, May 8th. The company reported $0.30 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.06. Jeld-Wen had a return on equity of 21.18% and a net margin of 1.16%. The business had revenue of $946.20 million during the quarter, compared to the consensus estimate of $908.71 million. During the same period in the prior year, the company posted $0.15 EPS. The firm’s revenue for the quarter was up 11.6% compared to the same quarter last year. sell-side analysts expect that Jeld-Wen will post 2.1 EPS for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in JELD. Envestnet Asset Management Inc. raised its holdings in Jeld-Wen by 337.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 3,791 shares of the company’s stock valued at $114,000 after buying an additional 2,924 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Jeld-Wen by 331.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,522 shares of the company’s stock valued at $139,000 after buying an additional 2,706 shares during the period. Summit Trail Advisors LLC raised its holdings in Jeld-Wen by 2,656.7% during the 1st quarter. Summit Trail Advisors LLC now owns 200,689 shares of the company’s stock valued at $201,000 after buying an additional 193,409 shares during the period. Virtu Financial LLC purchased a new stake in Jeld-Wen during the 4th quarter valued at $205,000. Finally, Ladenburg Thalmann Financial Services Inc. raised its holdings in Jeld-Wen by 387.8% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,098 shares of the company’s stock valued at $240,000 after buying an additional 4,848 shares during the period. Institutional investors own 61.83% of the company’s stock.
Jeld-Wen Company Profile
JELD-WEN Holding, Inc manufactures and sells doors and windows primarily in North America, Europe, and Australasia. The company offers a line of residential interior and exterior door products, including patio doors, and folding or sliding wall systems; non-residential doors; and wood, vinyl, and aluminum windows.
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