JELD-WEN (NYSE:JELD - Get Free Report) issued its quarterly earnings data on Monday. The company reported ($0.17) EPS for the quarter, topping analysts' consensus estimates of ($0.19) by $0.02, Briefing.com reports. The business had revenue of $776.00 million for the quarter, compared to analyst estimates of $769.25 million. JELD-WEN had a negative net margin of 5.01% and a positive return on equity of 7.14%. The firm's quarterly revenue was down 19.1% on a year-over-year basis. During the same period last year, the business posted $0.21 earnings per share.
JELD-WEN Stock Performance
Shares of JELD stock traded up $0.27 on Friday, reaching $4.22. The stock had a trading volume of 2,690,698 shares, compared to its average volume of 1,011,051. JELD-WEN has a 12 month low of $3.95 and a 12 month high of $17.70. The firm has a market capitalization of $360.24 million, a price-to-earnings ratio of -1.89 and a beta of 1.86. The firm's 50-day moving average is $5.55 and its two-hundred day moving average is $8.11. The company has a quick ratio of 1.33, a current ratio of 2.03 and a debt-to-equity ratio of 1.64.
Insider Buying and Selling
In related news, major shareholder Turtle Creek Asset Management acquired 150,000 shares of JELD-WEN stock in a transaction on Tuesday, May 6th. The stock was purchased at an average cost of $4.26 per share, with a total value of $639,000.00. Following the completion of the transaction, the insider now directly owns 13,250,853 shares in the company, valued at $56,448,633.78. This trade represents a 1.14 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Steven E. Wynne acquired 10,000 shares of the company's stock in a transaction dated Thursday, February 27th. The stock was bought at an average cost of $6.01 per share, for a total transaction of $60,100.00. Following the completion of the transaction, the director now directly owns 28,000 shares of the company's stock, valued at approximately $168,280. This trade represents a 55.56 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 864,404 shares of company stock worth $4,662,392. Company insiders own 1.24% of the company's stock.
Analysts Set New Price Targets
A number of analysts have recently commented on the company. UBS Group cut their price target on JELD-WEN from $7.50 to $5.00 and set a "neutral" rating on the stock in a report on Wednesday. StockNews.com upgraded JELD-WEN from a "sell" rating to a "hold" rating in a research note on Tuesday. Loop Capital decreased their price target on shares of JELD-WEN from $8.00 to $4.00 and set a "hold" rating for the company in a research note on Thursday. Royal Bank of Canada cut their price objective on shares of JELD-WEN from $5.00 to $2.00 and set an "underperform" rating on the stock in a research report on Wednesday. Finally, The Goldman Sachs Group decreased their target price on shares of JELD-WEN from $6.00 to $5.25 and set a "neutral" rating for the company in a research report on Wednesday. One research analyst has rated the stock with a sell rating and eight have issued a hold rating to the company's stock. According to data from MarketBeat, JELD-WEN currently has a consensus rating of "Hold" and a consensus target price of $7.34.
Get Our Latest Stock Report on JELD
About JELD-WEN
(
Get Free Report)
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.
Featured Stories

Before you consider JELD-WEN, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and JELD-WEN wasn't on the list.
While JELD-WEN currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.