JELD-WEN Holding, Inc. (NYSE:JELD) Receives $4.18 Average Price Target from Analysts

Shares of JELD-WEN Holding, Inc. (NYSE:JELD) have been given a consensus recommendation of “Reduce” by the eight brokerages that are covering the company, MarketBeat reports. Two analysts have rated the stock with a sell recommendation and six have given a hold recommendation to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $4.1786.

Several equities analysts recently commented on JELD shares. Jefferies Financial Group reissued a “hold” rating and issued a $2.25 price objective on shares of JELD-WEN in a research note on Friday. UBS Group upped their price target on shares of JELD-WEN from $5.00 to $5.75 and gave the stock a “neutral” rating in a report on Thursday, August 7th. Weiss Ratings reissued a “sell (d-)” rating on shares of JELD-WEN in a report on Tuesday, October 14th. Barclays reduced their price objective on JELD-WEN from $5.00 to $3.00 and set an “equal weight” rating on the stock in a research report on Wednesday, November 5th. Finally, Wall Street Zen downgraded JELD-WEN from a “hold” rating to a “strong sell” rating in a research report on Monday, November 10th.

JELD-WEN Price Performance

JELD-WEN stock opened at $1.88 on Friday. The company has a debt-to-equity ratio of 10.14, a quick ratio of 1.01 and a current ratio of 1.76. JELD-WEN has a 52 week low of $1.87 and a 52 week high of $11.66. The stock has a market capitalization of $160.95 million, a P/E ratio of -0.25 and a beta of 1.69. The stock has a fifty day moving average of $4.51 and a 200-day moving average of $4.59.

JELD-WEN (NYSE:JELD) last released its earnings results on Monday, November 3rd. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.38). The business had revenue of $809.48 million during the quarter, compared to the consensus estimate of $823.58 million. JELD-WEN had a negative net margin of 19.28% and a negative return on equity of 13.54%. The business’s revenue was down 13.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.32 EPS. JELD-WEN has set its FY 2025 guidance at EPS. On average, sell-side analysts expect that JELD-WEN will post 0.88 earnings per share for the current fiscal year.

Institutional Investors Weigh In On JELD-WEN

Institutional investors have recently added to or reduced their stakes in the business. CWM LLC raised its stake in shares of JELD-WEN by 2,140.2% during the first quarter. CWM LLC now owns 6,407 shares of the company’s stock valued at $38,000 after acquiring an additional 6,121 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in JELD-WEN by 238.3% in the second quarter. PNC Financial Services Group Inc. now owns 7,389 shares of the company’s stock valued at $29,000 after purchasing an additional 5,205 shares during the period. Performa Ltd US LLC increased its holdings in JELD-WEN by 119.0% in the first quarter. Performa Ltd US LLC now owns 9,200 shares of the company’s stock valued at $55,000 after purchasing an additional 5,000 shares during the period. Quarry LP bought a new position in JELD-WEN during the 3rd quarter worth $49,000. Finally, AlphaQuest LLC lifted its holdings in JELD-WEN by 294.7% during the 1st quarter. AlphaQuest LLC now owns 11,169 shares of the company’s stock worth $67,000 after buying an additional 8,339 shares during the period. 95.04% of the stock is owned by institutional investors.

About JELD-WEN

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.