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

JELD-WEN (NYSE:JELD) is anticipated to release its earnings data after the market closes on Monday, February 17th. Analysts expect JELD-WEN to post earnings of $0.07 per share and revenue of $860.82 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

JELD-WEN Stock Up 1.8 %

Shares of NYSE JELD opened at $8.81 on Friday. JELD-WEN has a 52-week low of $7.43 and a 52-week high of $21.75. The firm has a fifty day moving average of $8.95 and a 200-day moving average of $12.07. The stock has a market capitalization of $745.08 million, a PE ratio of -4.81 and a beta of 2.17. The company has a quick ratio of 1.33, a current ratio of 2.03 and a debt-to-equity ratio of 1.64.

Analysts Set New Price Targets

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

Insider Activity

In related 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 acquired at an average cost of $7.65 per share, with a total value of $841,500.00. Following the completion of the acquisition, the insider now directly owns 12,259,784 shares in the company, valued at approximately $93,787,347.60. This trade represents a 0.91 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In the last quarter, insiders acquired 310,000 shares of company stock worth $2,463,500. Corporate insiders own 1.03% of the company’s stock.

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.