JELD-WEN (NYSE:JELD – Get Free Report) released its quarterly earnings results on Tuesday. The company reported $0.05 EPS for the quarter, hitting analysts’ consensus estimates of $0.05, FiscalAI reports. JELD-WEN had a negative return on equity of 246.42% and a negative net margin of 16.36%. The company had revenue of $798.50 million for the quarter, compared to analyst estimates of $804.29 million.
JELD-WEN Stock Performance
Shares of NYSE JELD traded down $0.07 during midday trading on Tuesday, reaching $1.21. The company’s stock had a trading volume of 950,982 shares, compared to its average volume of 1,727,339. The stock has a market capitalization of $104.55 million, a P/E ratio of -0.20 and a beta of 2.23. The firm has a 50 day moving average price of $1.80 and a 200-day moving average price of $1.76. The company has a debt-to-equity ratio of 97.65, a current ratio of 1.73 and a quick ratio of 0.98. JELD-WEN has a 12-month low of $0.93 and a 12-month high of $3.33.
Wall Street Analysts Forecast Growth
JELD has been the subject of several recent research reports. Weiss Ratings upgraded shares of JELD-WEN from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, September 29th. Wall Street Zen raised JELD-WEN from a “strong sell” rating to a “sell” rating in a report on Saturday, August 8th. Barclays boosted their target price on shares of JELD-WEN from $1.50 to $2.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 5th. The Goldman Sachs Group restated a “neutral” rating and set a $2.00 price objective on shares of JELD-WEN in a research note on Thursday, August 6th. Finally, UBS Group upped their price target on shares of JELD-WEN from $1.60 to $1.80 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Five analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $2.10.
Read Our Latest Stock Analysis on JELD-WEN
JELD-WEN Company Profile
JELD-WEN Holding, Inc is a manufacturer of windows and doors for residential and commercial construction and remodeling markets. Its products include vinyl, wood, aluminum and composite windows, as well as interior and exterior doors, patio doors and related building products.
The company sells products through building-product distributors, dealers, retail outlets and other channels. Its brands and product offerings serve new construction, repair and remodeling, and replacement applications, with products designed for homes, offices and other buildings.
Founded in 1960 in Klamath Falls, Oregon, JELD-WEN has expanded into an international building-products company serving customers in North America, Europe and Australia.
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