JELD-WEN Holding, Inc. (NYSE:JELD) Receives $9.06 Average Target Price from Analysts

Shares of JELD-WEN Holding, Inc. (NYSE:JELD) have received a consensus rating of “Reduce” from the eight analysts that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and seven have given a hold recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $9.06.

JELD has been the topic of several recent analyst reports. Barclays decreased their price target on JELD-WEN from $9.00 to $6.00 and set an “equal weight” rating on the stock in a research note on Monday, February 24th. UBS Group reduced their target price on shares of JELD-WEN from $9.00 to $7.50 and set a “neutral” rating on the stock in a research note on Wednesday, February 19th. The Goldman Sachs Group dropped their target price on shares of JELD-WEN from $9.00 to $8.00 and set a “neutral” rating for the company in a research report on Wednesday, February 19th. Loop Capital cut their price target on shares of JELD-WEN from $10.00 to $8.00 and set a “hold” rating for the company in a report on Wednesday, February 19th. Finally, StockNews.com cut shares of JELD-WEN from a “hold” rating to a “sell” rating in a research note on Friday, March 7th.

Insider Buying and Selling at JELD-WEN

In related news, Director Steven E. Wynne bought 10,000 shares of JELD-WEN stock in a transaction on Thursday, February 27th. The shares were purchased at an average price of $6.01 per share, for a total transaction of $60,100.00. Following the completion of the acquisition, the director now owns 28,000 shares in the company, valued at approximately $168,280. This represents a 55.56 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Turtle Creek Asset Management bought 125,000 shares of the firm’s stock in a transaction dated Tuesday, January 7th. The shares were bought at an average price of $7.90 per share, with a total value of $987,500.00. Following the completion of the transaction, the insider now directly owns 12,042,190 shares in the company, valued at approximately $95,133,301. This trade represents a 1.05 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 525,137 shares of company stock worth $3,719,287. 1.03% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Performa Ltd US LLC grew its holdings in shares of JELD-WEN by 1,580.0% in the 4th quarter. Performa Ltd US LLC now owns 4,200 shares of the company’s stock valued at $34,000 after buying an additional 3,950 shares during the period. Quarry LP bought a new stake in JELD-WEN in the 4th quarter valued at $46,000. US Bancorp DE boosted its stake in JELD-WEN by 257.6% in the 4th quarter. US Bancorp DE now owns 9,752 shares of the company’s stock worth $80,000 after purchasing an additional 7,025 shares during the period. Brevan Howard Capital Management LP bought a new position in JELD-WEN during the 4th quarter worth about $83,000. Finally, Boothbay Fund Management LLC acquired a new stake in shares of JELD-WEN in the 4th quarter valued at about $100,000. Institutional investors own 95.04% of the company’s stock.

JELD-WEN Trading Down 3.1 %

Shares of JELD-WEN stock opened at $5.84 on Monday. The company’s fifty day moving average price is $7.88 and its two-hundred day moving average price is $11.01. The firm has a market capitalization of $495.10 million, a PE ratio of -2.62 and a beta of 2.22. JELD-WEN has a 52-week low of $5.44 and a 52-week high of $21.75. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.03 and a quick ratio of 1.33.

JELD-WEN (NYSE:JELD) last posted its quarterly earnings results on Monday, February 17th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.20). The business had revenue of $895.70 million during the quarter, compared to analyst estimates of $860.82 million. JELD-WEN had a positive return on equity of 7.14% and a negative net margin of 5.01%. On average, analysts expect that JELD-WEN will post 0.88 EPS for the current year.

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.