JELD-WEN Holding, Inc. (NYSE:JELD – Get Rating) – Equities research analysts at B. Riley decreased their FY2022 EPS estimates for JELD-WEN in a research note issued on Tuesday, May 3rd. B. Riley analyst A. Rygiel now anticipates that the company will earn $2.03 per share for the year, down from their prior forecast of $2.40.
JELD-WEN (NYSE:JELD – Get Rating) last issued its earnings results on Monday, May 2nd. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.17). The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.20 billion. JELD-WEN had a net margin of 2.94% and a return on equity of 18.13%. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.27 EPS.
JELD opened at $19.29 on Thursday. The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 13.30 and a beta of 2.16. JELD-WEN has a fifty-two week low of $18.01 and a fifty-two week high of $31.42. The company’s 50-day moving average price is $21.60 and its 200 day moving average price is $23.86. The company has a quick ratio of 1.26, a current ratio of 1.96 and a debt-to-equity ratio of 1.98.
In other news, EVP Daniel J. Castillo sold 20,000 shares of the stock in a transaction that occurred on Friday, April 1st. The shares were sold at an average price of $20.19, for a total value of $403,800.00. Following the completion of the transaction, the executive vice president now directly owns 138,087 shares in the company, valued at $2,787,976.53. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Turtle Creek Asset Management acquired 155,000 shares of the firm’s stock in a transaction dated Wednesday, March 9th. The stock was bought at an average price of $23.15 per share, with a total value of $3,588,250.00. The disclosure for this purchase can be found here. Insiders bought 1,985,024 shares of company stock valued at $43,424,449 over the last quarter. Insiders own 1.81% of the company’s stock.
A number of hedge funds have recently added to or reduced their stakes in JELD. Marshall Wace LLP acquired a new stake in JELD-WEN during the first quarter valued at approximately $143,000. First Trust Advisors LP acquired a new stake in JELD-WEN during the first quarter valued at approximately $704,000. SG Americas Securities LLC lifted its position in shares of JELD-WEN by 765.2% in the 3rd quarter. SG Americas Securities LLC now owns 36,866 shares of the company’s stock valued at $923,000 after acquiring an additional 32,605 shares in the last quarter. Raymond James & Associates lifted its position in shares of JELD-WEN by 8.2% in the 3rd quarter. Raymond James & Associates now owns 33,946 shares of the company’s stock valued at $850,000 after acquiring an additional 2,586 shares in the last quarter. Finally, Advisor Group Holdings Inc. lifted its position in shares of JELD-WEN by 5.3% in the 3rd quarter. Advisor Group Holdings Inc. now owns 10,083 shares of the company’s stock valued at $253,000 after acquiring an additional 508 shares in the last quarter. 99.97% of the stock is owned by institutional investors and hedge funds.
About JELD-WEN (Get Rating)
JELD-WEN Holding, Inc designs, 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, aluminum, and wood composite windows.
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