JELD-WEN Holding, Inc. (NYSE:JELD) Given Consensus Rating of "Reduce" by Brokerages

Key Points

• JELD-WEN Holding, Inc. has received a consensus rating of "Reduce" from eight covering brokerages, with one sell rating and seven hold ratings.
• The average 1-year price objective set by analysts for JELD-WEN is $6.03, reflecting a moderate outlook on the stock.
• Institutional investors hold a significant majority of the company's stock, with 95.04% ownership, indicating strong institutional confidence in the company.

Shares of JELD-WEN Holding, Inc. (NYSE:JELD - Get Free Report) have been given a consensus rating of "Reduce" by the eight ratings firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $6.0313.

Several equities research analysts have weighed in on the company. Jefferies Financial Group boosted their price objective on JELD-WEN from $3.75 to $5.25 and gave the stock a "hold" rating in a research note on Wednesday, August 20th. UBS Group boosted their price objective on JELD-WEN from $5.00 to $5.75 and gave the stock a "neutral" rating in a research note on Thursday, August 7th. 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 note on Thursday, August 7th. Finally, Wall Street Zen raised JELD-WEN from a "strong sell" rating to a "hold" rating in a research note on Saturday, August 9th.

JELD-WEN Price Performance

NYSE:JELD opened at $5.11 on Friday. The company has a current ratio of 1.77, a quick ratio of 1.04 and a debt-to-equity ratio of 2.42. The company has a market capitalization of $436.39 million, a P/E ratio of -1.26 and a beta of 1.68. JELD-WEN has a 12 month low of $3.27 and a 12 month high of $16.43. The business's 50-day moving average is $5.62 and its 200 day moving average is $5.02.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ameriprise Financial Inc. lifted its holdings in JELD-WEN by 157.5% during the fourth quarter. Ameriprise Financial Inc. now owns 129,605 shares of the company's stock worth $1,061,000 after buying an additional 79,281 shares during the period. ProShare Advisors LLC lifted its holdings in JELD-WEN by 46.6% during the fourth quarter. ProShare Advisors LLC now owns 23,790 shares of the company's stock worth $195,000 after buying an additional 7,557 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in JELD-WEN by 17.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 216,899 shares of the company's stock worth $1,776,000 after buying an additional 31,640 shares during the period. Aristeia Capital L.L.C. purchased a new stake in JELD-WEN during the first quarter worth $289,000. Finally, GAMMA Investing LLC lifted its holdings in JELD-WEN by 1,054.6% during the first quarter. GAMMA Investing LLC now owns 14,710 shares of the company's stock worth $88,000 after buying an additional 13,436 shares during the period. Institutional investors own 95.04% of the company's stock.

About JELD-WEN

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.

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