Wall Street brokerages expect that Jeld-Wen Holding Inc (NYSE:JELD) will post earnings per share of $0.28 for the current fiscal quarter, Zacks reports. Six analysts have provided estimates for Jeld-Wen’s earnings. The highest EPS estimate is $0.33 and the lowest is $0.25. Jeld-Wen reported earnings per share of $0.41 in the same quarter last year, which suggests a negative year over year growth rate of 31.7%. The business is expected to issue its next quarterly earnings results on Tuesday, February 18th.
On average, analysts expect that Jeld-Wen will report full-year earnings of $1.21 per share for the current year, with EPS estimates ranging from $1.17 to $1.26. For the next year, analysts forecast that the company will report earnings of $1.60 per share, with EPS estimates ranging from $1.53 to $1.70. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Jeld-Wen.
Jeld-Wen (NYSE:JELD) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.12). Jeld-Wen had a return on equity of 17.68% and a net margin of 2.22%. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter last year, the company earned $0.40 EPS. Jeld-Wen’s revenue was down 3.9% compared to the same quarter last year.
Several brokerages have weighed in on JELD. Robert W. Baird raised Jeld-Wen from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $22.00 to $26.00 in a research report on Tuesday, November 26th. B. Riley dropped their price target on shares of Jeld-Wen from $21.00 to $18.00 and set a “neutral” rating on the stock in a research note on Monday, October 14th. Bank of America reaffirmed a “sell” rating and set a $18.00 price target on shares of Jeld-Wen in a report on Monday, August 26th. ValuEngine lowered Jeld-Wen from a “hold” rating to a “sell” rating in a research report on Thursday, November 7th. Finally, Barclays reaffirmed a “buy” rating and issued a $20.00 price objective on shares of Jeld-Wen in a report on Tuesday, October 15th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $21.00.
JELD stock traded down $0.09 during midday trading on Monday, reaching $23.02. The company had a trading volume of 551,506 shares, compared to its average volume of 511,797. The firm has a market capitalization of $2.32 billion, a PE ratio of 14.39, a P/E/G ratio of 2.03 and a beta of 2.73. The stock has a 50 day moving average price of $20.00 and a 200 day moving average price of $19.59. Jeld-Wen has a fifty-two week low of $13.28 and a fifty-two week high of $23.62. The company has a quick ratio of 0.94, a current ratio of 1.57 and a debt-to-equity ratio of 2.03.
Large investors have recently bought and sold shares of the company. Marshall Wace LLP acquired a new stake in shares of Jeld-Wen during the 1st quarter valued at $143,000. First Trust Advisors LP purchased a new stake in Jeld-Wen during the first quarter valued at about $704,000. Strs Ohio purchased a new stake in Jeld-Wen during the second quarter valued at about $917,000. Tuttle Tactical Management acquired a new position in shares of Jeld-Wen in the second quarter worth about $863,000. Finally, Los Angeles Capital Management & Equity Research Inc. boosted its holdings in shares of Jeld-Wen by 52.0% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 40,480 shares of the company’s stock worth $859,000 after buying an additional 13,850 shares during the period. Institutional investors own 60.33% of the company’s stock.
JELD-WEN Holding, Inc manufactures and sells doors and windows primarily in North America, Europe, and Australasia. The company offers a line of residential interior and exterior door products, including patio doors, and folding or sliding wall systems; non-residential doors; and wood, vinyl, and aluminum windows.
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