JELD-WEN Holding, Inc. (NYSE:JELD) Receives $17.30 Consensus PT from Analysts

JELD-WEN Holding, Inc. (NYSE:JELD - Get Free Report) has earned a consensus rating of "Hold" from the eleven brokerages that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $17.30.

JELD has been the subject of several recent research reports. Jefferies Financial Group lifted their price target on JELD-WEN from $15.00 to $17.00 and gave the stock a "hold" rating in a research report on Wednesday, October 9th. Royal Bank of Canada reissued an "underperform" rating and set a $13.00 target price on shares of JELD-WEN in a research note on Wednesday, August 7th. Loop Capital decreased their target price on shares of JELD-WEN from $17.00 to $16.00 and set a "hold" rating on the stock in a report on Friday, July 19th. The Goldman Sachs Group lifted their price objective on shares of JELD-WEN from $15.00 to $17.00 and gave the company a "neutral" rating in a report on Tuesday, October 8th. Finally, Barclays reduced their target price on JELD-WEN from $15.00 to $13.00 and set an "equal weight" rating for the company in a report on Friday, July 12th.

JELD-WEN Stock Down 29.9 %

Shares of JELD traded down $4.22 during trading hours on Tuesday, reaching $9.91. The stock had a trading volume of 5,323,337 shares, compared to its average volume of 660,805. The company has a market capitalization of $837.82 million, a price-to-earnings ratio of -5.50 and a beta of 2.25. 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 12 month low of $8.90 and a 12 month high of $21.75. The firm has a 50-day simple moving average of $14.88 and a 200 day simple moving average of $15.11.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. First Eagle Investment Management LLC increased 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 acquiring an additional 84,900 shares during the last quarter. Vaughan Nelson Investment Management L.P. grew its position in JELD-WEN by 319.9% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 1,335,245 shares of the company's stock worth $17,985,000 after purchasing an additional 1,017,275 shares during the period. Victory Capital Management Inc. increased its holdings in JELD-WEN by 64.7% in the 2nd quarter. Victory Capital Management Inc. now owns 172,126 shares of the company's stock worth $2,319,000 after acquiring an additional 67,604 shares in the last quarter. Edgestream Partners L.P. purchased a new position in JELD-WEN in the 2nd quarter worth approximately $817,000. Finally, Engine Capital Management LP lifted its stake in shares of JELD-WEN by 223.6% in the 2nd quarter. Engine Capital Management LP now owns 1,162,303 shares of the company's stock valued at $15,656,000 after purchasing an additional 803,095 shares during the last quarter. 95.04% of the stock is owned by institutional investors.

JELD-WEN Company Profile

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.