JELD-WEN (NYSE:JELD) Issues Quarterly Earnings Results

by · The Cerbat Gem

JELD-WEN (NYSE:JELD – Get Free Report) issued its quarterly earnings data on Monday. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.43), Zacks reports. JELD-WEN had a negative net margin of 10.03% and a negative return on equity of 1.60%. JELD-WEN updated its FY 2025 guidance to EPS.

JELD-WEN Price Performance

NYSE JELD traded down $0.14 on Monday, reaching $4.20. The company had a trading volume of 1,372,341 shares, compared to its average volume of 1,509,719. The stock has a market capitalization of $358.44 million, a PE ratio of -1.03 and a beta of 1.70. JELD-WEN has a 12 month low of $3.27 and a 12 month high of $14.65. The company has a quick ratio of 1.04, a current ratio of 1.77 and a debt-to-equity ratio of 2.42. The firm’s 50 day moving average price is $5.35 and its 200 day moving average price is $4.81.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Jefferies Financial Group raised their target price on JELD-WEN from $3.75 to $5.25 and gave the stock a “hold” rating in a report on Wednesday, August 20th. UBS Group raised their price objective on JELD-WEN from $5.00 to $5.75 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of JELD-WEN in a research report on Tuesday, October 14th. Wall Street Zen raised shares of JELD-WEN from a “sell” rating to a “hold” rating in a report on Sunday. Finally, Barclays raised their target price on shares of JELD-WEN from $4.50 to $5.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 7th. Seven analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $6.03.

Check Out Our Latest Stock Report on JELD-WEN

Institutional Investors Weigh In On JELD-WEN

Hedge funds have recently made changes to their positions in the company. Prudential Financial Inc. bought a new position in JELD-WEN during the second quarter valued at approximately $61,000. Nebula Research & Development LLC bought a new position in shares of JELD-WEN during the 2nd quarter valued at approximately $84,000. Rafferty Asset Management LLC boosted its position in shares of JELD-WEN by 21.8% during the 2nd quarter. Rafferty Asset Management LLC now owns 30,048 shares of the company’s stock valued at $118,000 after acquiring an additional 5,385 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of JELD-WEN by 7.8% in the second quarter. The Manufacturers Life Insurance Company now owns 33,585 shares of the company’s stock valued at $132,000 after purchasing an additional 2,416 shares in the last quarter. Finally, Oxford Asset Management LLP bought a new stake in JELD-WEN in the second quarter worth $150,000. 95.04% of the stock is currently owned by hedge funds and other institutional investors.

About JELD-WEN

(Get Free Report)

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.

Featured Stories