JELD-WEN Holding, Inc. (NYSE:JELD) Receives Average Rating of "Hold" from Analysts

Shares of JELD-WEN Holding, Inc. (NYSE:JELD - Get Free Report) have earned an average rating of "Hold" from the eleven brokerages that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $17.30.

Several equities analysts have recently weighed in on JELD shares. The Goldman Sachs Group raised their price target on shares of JELD-WEN from $15.00 to $17.00 and gave the stock a "neutral" rating in a research note on Tuesday. Royal Bank of Canada reiterated an "underperform" rating and issued a $13.00 price target on shares of JELD-WEN in a research note on Wednesday, August 7th. Loop Capital lowered their price objective on shares of JELD-WEN from $17.00 to $16.00 and set a "hold" rating on the stock in a research note on Friday, July 19th. Barclays lowered their price objective on shares of JELD-WEN from $15.00 to $13.00 and set an "equal weight" rating on the stock in a research note on Friday, July 12th. Finally, Jefferies Financial Group boosted their price objective on shares of JELD-WEN from $15.00 to $17.00 and gave the stock a "hold" rating in a research note on Wednesday.

JELD-WEN Trading Up 3.3 %

Shares of NYSE:JELD traded up $0.48 during mid-day trading on Friday, reaching $15.16. The stock had a trading volume of 479,905 shares, compared to its average volume of 662,894. The firm has a market cap of $1.28 billion, a PE ratio of -34.45 and a beta of 2.24. The firm has a 50 day simple moving average of $14.70 and a two-hundred day simple moving average of $15.79. The company has a current ratio of 2.03, a quick ratio of 1.33 and a debt-to-equity ratio of 1.53. JELD-WEN has a twelve month low of $11.02 and a twelve month high of $21.75.

JELD-WEN (NYSE:JELD - Get Free Report) last announced its earnings results on Monday, August 5th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.23 by $0.11. The firm had revenue of $986.00 million for the quarter, compared to the consensus estimate of $1 billion. JELD-WEN had a negative net margin of 0.92% and a positive return on equity of 14.32%. The business's quarterly revenue was down 12.4% on a year-over-year basis. During the same period last year, the company posted $0.44 EPS. On average, research analysts predict that JELD-WEN will post 1.29 EPS for the current fiscal year.

Institutional Trading of JELD-WEN

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Congress Asset Management Co. MA bought a new stake in JELD-WEN in the 1st quarter valued at about $4,631,000. Vaughan Nelson Investment Management L.P. bought a new stake in JELD-WEN in the 1st quarter valued at about $6,750,000. First Eagle Investment Management LLC boosted its holdings in JELD-WEN by 33.7% in the 1st quarter. First Eagle Investment Management LLC now owns 336,684 shares of the company's stock valued at $7,148,000 after purchasing an additional 84,900 shares during the period. Bridgeway Capital Management LLC boosted its holdings in JELD-WEN by 13.6% in the 4th quarter. Bridgeway Capital Management LLC now owns 713,783 shares of the company's stock valued at $13,476,000 after purchasing an additional 85,455 shares during the period. Finally, Victory Capital Management Inc. raised its position in shares of JELD-WEN by 64.7% in the 2nd quarter. Victory Capital Management Inc. now owns 172,126 shares of the company's stock valued at $2,319,000 after buying an additional 67,604 shares in the last quarter. Institutional investors own 95.04% of the company's stock.

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.