JELD-WEN (JELD) to Release Quarterly Earnings on Monday

JELD-WEN (NYSE:JELD) is scheduled to announce its earnings results after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

JELD-WEN (NYSE:JELD) last issued its quarterly earnings results on Monday, February 19th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.12. JELD-WEN had a net margin of 1.40% and a return on equity of 17.99%. The company had revenue of $1.02 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same quarter last year, the business posted $0.47 EPS. On average, analysts expect JELD-WEN to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

JELD-WEN Trading Up 2.1 %

Shares of JELD stock opened at $21.40 on Monday. The company has a 50 day moving average of $19.28 and a 200-day moving average of $17.47. The company has a quick ratio of 1.49, a current ratio of 2.20 and a debt-to-equity ratio of 1.40. JELD-WEN has a 12-month low of $11.02 and a 12-month high of $21.75. The firm has a market cap of $1.84 billion, a P/E ratio of 29.32 and a beta of 2.35.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on JELD shares. Royal Bank of Canada raised their price target on shares of JELD-WEN from $15.00 to $16.00 and gave the stock an “underperform” rating in a research note on Wednesday, February 21st. B. Riley raised their price target on shares of JELD-WEN from $17.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 21st. Truist Financial raised their price objective on shares of JELD-WEN from $15.00 to $19.00 and gave the stock a “hold” rating in a report on Wednesday, February 21st. Loop Capital initiated coverage on shares of JELD-WEN in a report on Thursday, February 15th. They issued a “hold” rating and a $22.00 price objective for the company. Finally, Oppenheimer initiated coverage on shares of JELD-WEN in a report on Friday, January 19th. They issued a “market perform” rating for the company. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, JELD-WEN currently has an average rating of “Hold” and a consensus target price of $18.30.

Insider Buying and Selling at JELD-WEN

In other JELD-WEN news, major shareholder Turtle Creek Asset Management sold 53,000 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $19.55, for a total value of $1,036,150.00. Following the completion of the transaction, the insider now directly owns 814,463 shares of the company’s stock, valued at approximately $15,922,751.65. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other JELD-WEN news, Director Roderick Wendt sold 10,000 shares of the firm’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $28.35, for a total value of $283,500.00. Following the completion of the transaction, the director now directly owns 304,558 shares of the company’s stock, valued at approximately $8,634,219.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Turtle Creek Asset Management sold 53,000 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $19.55, for a total transaction of $1,036,150.00. Following the sale, the insider now owns 814,463 shares in the company, valued at approximately $15,922,751.65. The disclosure for this sale can be found here. Insiders sold a total of 127,000 shares of company stock valued at $2,698,610 in the last three months. Company insiders own 1.03% of the company’s stock.

JELD-WEN Company Profile

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.