JELD-WEN Holding, Inc. (NYSE:JELD) Receives $3.35 Consensus PT from Analysts

JELD-WEN Holding, Inc. (NYSE:JELD) has been given an average rating of “Reduce” by the eight brokerages that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation and six have issued a hold recommendation on the company. The average twelve-month price target among analysts that have covered the stock in the last year is $3.35.

JELD has been the topic of a number of analyst reports. Weiss Ratings reissued a “sell (e+)” rating on shares of JELD-WEN in a research report on Monday, December 29th. Zacks Research raised JELD-WEN from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 6th. Finally, The Goldman Sachs Group reduced their price target on JELD-WEN from $3.75 to $3.25 and set a “neutral” rating on the stock in a research report on Tuesday, January 13th.

JELD-WEN Trading Up 3.0%

Shares of NYSE:JELD opened at $1.22 on Tuesday. The company has a market capitalization of $104.87 million, a P/E ratio of -0.17 and a beta of 1.91. JELD-WEN has a 1 year low of $0.93 and a 1 year high of $6.98. The company has a debt-to-equity ratio of 12.47, a current ratio of 1.76 and a quick ratio of 0.99. The business’s 50 day simple moving average is $1.66 and its 200 day simple moving average is $2.64.

JELD-WEN (NYSE:JELD) last issued its quarterly earnings results on Tuesday, February 17th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.19). The company had revenue of $801.96 million for the quarter, compared to analyst estimates of $747.20 million. JELD-WEN had a negative return on equity of 29.63% and a negative net margin of 18.96%. On average, research analysts anticipate that JELD-WEN will post 0.88 EPS for the current fiscal year.

Institutional Investors Weigh In On JELD-WEN

Large investors have recently added to or reduced their stakes in the stock. Nomura Holdings Inc. acquired a new stake in shares of JELD-WEN in the 2nd quarter valued at $4,363,000. Assenagon Asset Management S.A. acquired a new stake in shares of JELD-WEN in the 3rd quarter valued at $3,406,000. Tudor Investment Corp ET AL acquired a new stake in shares of JELD-WEN in the 3rd quarter valued at $2,506,000. GAMMA Investing LLC boosted its holdings in shares of JELD-WEN by 264.0% in the 4th quarter. GAMMA Investing LLC now owns 13,443 shares of the company’s stock valued at $33,000 after purchasing an additional 9,750 shares in the last quarter. Finally, Parkwoods Wealth Partners LLC acquired a new stake in shares of JELD-WEN in the 4th quarter valued at $34,000. Institutional investors and hedge funds own 95.04% of the company’s stock.

JELD-WEN Company Profile

JELD-WEN is a global manufacturer of windows and doors and related building products, serving both residential and commercial markets. The company’s portfolio includes wood, vinyl and aluminum windows; interior wood doors; and exterior doors crafted from steel, fiberglass and composite materials. JELD-WEN’s products are designed for new construction and remodeling applications, with an emphasis on quality, durability and energy efficiency.

Founded in 1960 in Klamath Falls, Oregon, JELD-WEN has grown through a combination of organic expansion and strategic acquisitions to establish a manufacturing footprint in North America, Europe and Australasia.