JELD-WEN Holding, Inc. (NYSE:JELD) Given Average Rating of “Reduce” by Analysts

Shares of JELD-WEN Holding, Inc. (NYSE:JELD) have been given an average recommendation of “Reduce” by the nine ratings firms that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation and seven have given a hold recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $6.0313.

Several research analysts recently issued reports on the company. Wall Street Zen raised JELD-WEN from a “strong sell” rating to a “hold” rating in a research report on Saturday, August 9th. UBS Group lifted their target price on JELD-WEN from $5.00 to $5.75 and gave the company a “neutral” rating in a research report on Thursday, August 7th. Jefferies Financial Group lifted their target price on JELD-WEN from $3.75 to $5.25 and gave the company a “hold” rating in a research report on Wednesday, August 20th. Weiss Ratings reissued a “sell (d-)” rating on shares of JELD-WEN in a research report on Tuesday, October 14th. Finally, Barclays boosted their price objective on JELD-WEN from $4.50 to $5.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 7th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. boosted its position in JELD-WEN by 238.3% in the second quarter. PNC Financial Services Group Inc. now owns 7,389 shares of the company’s stock worth $29,000 after purchasing an additional 5,205 shares during the last quarter. CWM LLC boosted its position in JELD-WEN by 2,140.2% in the first quarter. CWM LLC now owns 6,407 shares of the company’s stock worth $38,000 after purchasing an additional 6,121 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new position in JELD-WEN in the second quarter worth $49,000. Wealth Enhancement Advisory Services LLC purchased a new position in JELD-WEN in the second quarter worth $52,000. Finally, Performa Ltd US LLC boosted its position in JELD-WEN by 119.0% in the first quarter. Performa Ltd US LLC now owns 9,200 shares of the company’s stock worth $55,000 after purchasing an additional 5,000 shares during the last quarter. Hedge funds and other institutional investors own 95.04% of the company’s stock.

JELD-WEN Trading Up 2.8%

Shares of JELD-WEN stock opened at $4.72 on Tuesday. The company has a debt-to-equity ratio of 2.42, a quick ratio of 1.04 and a current ratio of 1.77. JELD-WEN has a 52 week low of $3.27 and a 52 week high of $15.80. The stock has a 50 day moving average price of $5.56 and a two-hundred day moving average price of $4.85. The stock has a market capitalization of $403.09 million, a PE ratio of -1.16 and a beta of 1.70.

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.