JELD-WEN (NYSE:JELD) Releases Earnings Results, Misses Estimates By $0.06 EPS

Key Points

• JELD-WEN reported a quarterly loss of ($0.09) EPS, missing the consensus estimate by ($0.06).
• Shares of JELD-WEN increased by 4.8% during trading, closing at $4.66.
• Analysts have downgraded JELD-WEN's stock ratings, with targets being lowered to as low as $2.00 by the Royal Bank of Canada.

JELD-WEN (NYSE:JELD - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported ($0.09) earnings per share for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.06), Zacks reports. The firm had revenue of $823.70 million during the quarter, compared to analysts' expectations of $809.84 million. JELD-WEN had a negative net margin of 10.03% and a negative return on equity of 1.52%. The business's quarterly revenue was down 16.5% on a year-over-year basis. During the same quarter last year, the business earned $0.34 earnings per share. JELD-WEN updated its FY 2025 guidance to EPS.

JELD-WEN Price Performance

Shares of JELD-WEN stock traded down $0.22 on Friday, hitting $5.21. The company's stock had a trading volume of 1,473,176 shares, compared to its average volume of 1,523,579. The firm has a fifty day moving average price of $4.29 and a 200-day moving average price of $5.41. JELD-WEN has a 52-week low of $3.27 and a 52-week high of $16.43. The company has a market capitalization of $444.78 million, a P/E ratio of -1.28 and a beta of 1.65. The company has a quick ratio of 1.12, a current ratio of 1.87 and a debt-to-equity ratio of 2.56.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Barclays boosted their target price on shares of JELD-WEN from $4.50 to $5.00 and gave the stock an "equal weight" rating in a research report on Thursday. The Goldman Sachs Group decreased their target price on shares of JELD-WEN from $6.00 to $5.25 and set a "neutral" rating on the stock in a research report on Wednesday, May 7th. UBS Group boosted their target price on shares of JELD-WEN from $5.00 to $5.75 and gave the stock a "neutral" rating in a research report on Thursday. Loop Capital decreased their price objective on shares of JELD-WEN from $8.00 to $4.00 and set a "hold" rating on the stock in a research report on Thursday, May 8th. Finally, Royal Bank Of Canada decreased 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, May 7th. One research analyst has rated the stock with a sell rating and eight have issued a hold rating to the stock. Based on data from MarketBeat, JELD-WEN has an average rating of "Hold" and an average target price of $7.50.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Millennium Management LLC raised its stake in JELD-WEN by 42.7% in the 1st quarter. Millennium Management LLC now owns 902,802 shares of the company's stock valued at $5,390,000 after purchasing an additional 270,226 shares during the last quarter. Empowered Funds LLC raised its stake in JELD-WEN by 3.1% in the 1st quarter. Empowered Funds LLC now owns 442,547 shares of the company's stock valued at $2,642,000 after purchasing an additional 13,115 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in JELD-WEN by 82.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 396,514 shares of the company's stock valued at $2,367,000 after purchasing an additional 179,615 shares during the last quarter. AQR Capital Management LLC raised its stake in JELD-WEN by 37.5% in the 1st quarter. AQR Capital Management LLC now owns 375,806 shares of the company's stock valued at $2,244,000 after purchasing an additional 102,543 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in JELD-WEN by 350.2% in the 1st quarter. Jane Street Group LLC now owns 194,154 shares of the company's stock valued at $1,159,000 after purchasing an additional 151,030 shares during the last quarter. Institutional investors and hedge funds 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.