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JELD-WEN (NYSE:JELD) Posts Quarterly Earnings Results, Misses Expectations By $0.20 EPS

JELD-WEN logo with Construction background
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Key Points

  • Missed earnings: JELD‑WEN reported (‑$0.50) EPS, missing the consensus (‑$0.30) by $0.20; revenue was roughly in line at $722.1M, while ROE and net margin were negative (29.63% and 18.96%, respectively).
  • Shares and valuation under pressure: Stock traded at $1.40 with a market cap of $120.4M, a one‑year range of $0.93–$6.98, high debt‑to‑equity (12.47) and a negative P/E (‑0.20).
  • Analyst and ownership outlook: The consensus rating is "Reduce" with a $3.35 target after recent cuts (Goldman Sachs to $3.25), and institutional investors hold about 95% of the stock.
  • MarketBeat previews the top five stocks to own by June 1st.

JELD-WEN (NYSE:JELD - Get Free Report) announced its quarterly earnings data on Monday. The company reported ($0.50) earnings per share for the quarter, missing the consensus estimate of ($0.30) by ($0.20), FiscalAI reports. JELD-WEN had a negative return on equity of 29.63% and a negative net margin of 18.96%.The firm had revenue of $722.10 million during the quarter, compared to analysts' expectations of $721.62 million.

JELD-WEN Stock Performance

Shares of NYSE:JELD traded down $0.06 during midday trading on Monday, reaching $1.40. 1,625,374 shares of the company's stock traded hands, compared to its average volume of 1,803,001. The company has a market cap of $120.40 million, a price-to-earnings ratio of -0.20 and a beta of 1.88. The company has a debt-to-equity ratio of 12.47, a quick ratio of 0.99 and a current ratio of 1.76. JELD-WEN has a one year low of $0.93 and a one year high of $6.98. The stock has a 50 day moving average of $1.43 and a 200 day moving average of $2.38.

Institutional Trading of JELD-WEN

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company increased its position in JELD-WEN by 7.8% in the second quarter. The Manufacturers Life Insurance Company now owns 33,585 shares of the company's stock worth $132,000 after buying an additional 2,416 shares in the last quarter. Rhumbline Advisers increased its position in JELD-WEN by 2.9% in the second quarter. Rhumbline Advisers now owns 132,758 shares of the company's stock worth $520,000 after buying an additional 3,711 shares in the last quarter. Intech Investment Management LLC increased its position in JELD-WEN by 12.5% in the fourth quarter. Intech Investment Management LLC now owns 37,771 shares of the company's stock worth $93,000 after buying an additional 4,195 shares in the last quarter. Rafferty Asset Management LLC increased its position in JELD-WEN by 21.8% in the second quarter. Rafferty Asset Management LLC now owns 30,048 shares of the company's stock worth $118,000 after buying an additional 5,385 shares in the last quarter. Finally, Public Employees Retirement System of Ohio increased its position in JELD-WEN by 3.9% in the fourth quarter. Public Employees Retirement System of Ohio now owns 155,276 shares of the company's stock worth $382,000 after buying an additional 5,801 shares in the last quarter. Hedge funds and other institutional investors own 95.04% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on JELD. The Goldman Sachs Group dropped their target price on JELD-WEN from $3.75 to $3.25 and set a "neutral" rating for the company in a research report on Tuesday, January 13th. Zacks Research raised JELD-WEN from a "strong sell" rating to a "hold" rating in a research note on Tuesday, January 6th. Six equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Reduce" and a consensus target price of $3.35.

View Our Latest Stock Analysis on JELD-WEN

About JELD-WEN

(Get Free Report)

JELD-WEN is a global manufacturer of windows and doors and related building products, serving both residential and commercial markets. The company's portfolio includes wood, vinyl and aluminum windows; interior wood doors; and exterior doors crafted from steel, fiberglass and composite materials. JELD-WEN's products are designed for new construction and remodeling applications, with an emphasis on quality, durability and energy efficiency.

Founded in 1960 in Klamath Falls, Oregon, JELD-WEN has grown through a combination of organic expansion and strategic acquisitions to establish a manufacturing footprint in North America, Europe and Australasia.

See Also

Earnings History for JELD-WEN (NYSE:JELD)

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