JELD has been the subject of several other research reports. Zacks Investment Research cut shares of Jeld-Wen from a buy rating to a hold rating in a research note on Friday, January 12th. Robert W. Baird reiterated an outperform rating and issued a $42.00 price objective (down previously from $46.00) on shares of Jeld-Wen in a research note on Thursday. Wells Fargo & Co cut shares of Jeld-Wen from an outperform rating to a market perform rating and set a $37.00 price objective for the company. in a research note on Thursday. B. Riley raised their price objective on shares of Jeld-Wen from $33.00 to $38.00 and gave the company a neutral rating in a research note on Wednesday, November 15th. Finally, Credit Suisse Group reiterated an outperform rating and issued a $47.00 price objective (up previously from $41.00) on shares of Jeld-Wen in a research note on Monday, January 22nd. They noted that the move was a valuation call. Eight equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Jeld-Wen presently has an average rating of Hold and a consensus target price of $39.77.
Jeld-Wen (NYSE:JELD) traded up $0.29 during mid-day trading on Friday, hitting $33.83. 741,583 shares of the stock traded hands, compared to its average volume of 848,801. Jeld-Wen has a one year low of $27.61 and a one year high of $42.27. The firm has a market cap of $3,570.00 and a PE ratio of 99.50. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.93 and a quick ratio of 1.28.
Jeld-Wen (NYSE:JELD) last released its earnings results on Wednesday, February 21st. The company reported $0.26 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.15). Jeld-Wen had a return on equity of 18.71% and a net margin of 0.29%. The firm had revenue of $976.00 million during the quarter, compared to analyst estimates of $1 billion. The business’s revenue was up .3% on a year-over-year basis. equities research analysts forecast that Jeld-Wen will post 2.22 earnings per share for the current year.
A number of large investors have recently bought and sold shares of JELD. Ameriprise Financial Inc. increased its holdings in Jeld-Wen by 189.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 30,700 shares of the company’s stock valued at $997,000 after acquiring an additional 20,100 shares in the last quarter. UBS Asset Management Americas Inc. purchased a new position in Jeld-Wen during the 2nd quarter valued at about $583,000. Northern Trust Corp increased its holdings in Jeld-Wen by 524.0% during the 2nd quarter. Northern Trust Corp now owns 332,121 shares of the company’s stock valued at $10,781,000 after acquiring an additional 278,894 shares in the last quarter. Voya Investment Management LLC purchased a new position in Jeld-Wen during the 2nd quarter valued at about $374,000. Finally, Macquarie Group Ltd. increased its holdings in Jeld-Wen by 0.8% during the 2nd quarter. Macquarie Group Ltd. now owns 22,940 shares of the company’s stock valued at $745,000 after acquiring an additional 174 shares in the last quarter. Hedge funds and other institutional investors own 48.49% of the company’s stock.
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JELD-WEN Holding, Inc is a door and window manufacturer. The Company designs, produces and distributes a range of interior and exterior doors, wood, vinyl and aluminum windows, and related products for use in the new construction and repair and remodeling, of residential homes, and to an extent, non-residential buildings.
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