JELD-WEN (JELD) Projected to Post Quarterly Earnings on Monday

JELD-WEN (NYSE:JELD - Get Free Report) is expected to be issuing its quarterly earnings data after the market closes on Monday, February 17th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $860.82 million for the quarter. Investors interested in participating in the company's conference call can do so using this link.

JELD-WEN Stock Down 0.6 %

JELD stock traded down $0.06 during trading on Thursday, hitting $8.93. 51,040 shares of the company's stock were exchanged, compared to its average volume of 654,321. The business has a 50-day moving average price of $9.03 and a two-hundred day moving average price of $12.15. The company has a current ratio of 2.03, a quick ratio of 1.33 and a debt-to-equity ratio of 1.64. The stock has a market capitalization of $755.23 million, a price-to-earnings ratio of -4.88 and a beta of 2.17. JELD-WEN has a 52-week low of $7.43 and a 52-week high of $21.75.

Wall Street Analyst Weigh In

JELD has been the subject of several research analyst reports. Barclays lowered their target price on shares of JELD-WEN from $13.00 to $10.00 and set an "equal weight" rating for the company in a report on Wednesday, November 6th. UBS Group reaffirmed a "neutral" rating and set a $9.00 price objective (down previously from $15.00) on shares of JELD-WEN in a report on Wednesday, January 8th. Royal Bank of Canada reduced their target price on JELD-WEN from $9.00 to $8.00 and set an "underperform" rating for the company in a report on Wednesday, December 18th. B. Riley cut their price target on JELD-WEN from $17.00 to $14.00 and set a "neutral" rating on the stock in a research report on Thursday, November 7th. Finally, The Goldman Sachs Group reduced their price objective on JELD-WEN from $10.00 to $9.00 and set a "neutral" rating for the company in a research note on Tuesday, January 14th. One analyst has rated the stock with a sell rating and eight have issued a hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $12.75.

Insider Buying and Selling at JELD-WEN

In other news, major shareholder Turtle Creek Asset Management bought 110,000 shares of JELD-WEN stock in a transaction dated Friday, January 10th. The stock was bought at an average price of $7.65 per share, for a total transaction of $841,500.00. Following the purchase, the insider now owns 12,259,784 shares of the company's stock, valued at approximately $93,787,347.60. The trade was a 0.91 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last ninety days, insiders have purchased 310,000 shares of company stock worth $2,463,500. 1.03% of the stock is currently owned by insiders.

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.