JELD-WEN (NYSE:JELD) Releases Quarterly Earnings Results, Misses Expectations 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) released its quarterly earnings results on Tuesday. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.06), Zacks reports. JELD-WEN had a positive return on equity of 3.70% and a negative net margin of 9.49%. JELD-WEN updated its FY 2025 guidance to EPS.

JELD-WEN Stock Up 4.8%

Shares of JELD-WEN stock traded up $0.22 during trading hours on Tuesday, hitting $4.66. 1,685,282 shares of the company's stock traded hands, compared to its average volume of 1,552,665. JELD-WEN has a twelve month low of $3.27 and a twelve month high of $16.43. The company has a market cap of $397.40 million, a PE ratio of -1.16 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. The stock has a 50 day simple moving average of $4.16 and a 200-day simple moving average of $5.48.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Loop Capital lowered their price target on shares of JELD-WEN from $8.00 to $4.00 and set a "hold" rating on the stock in a research note on Thursday, May 8th. The Goldman Sachs Group lowered their target price on JELD-WEN from $6.00 to $5.25 and set a "neutral" rating on the stock in a report on Wednesday, May 7th. Wall Street Zen downgraded shares of JELD-WEN from a "hold" rating to a "sell" rating in a research note on Wednesday, May 14th. Royal Bank Of Canada reduced their price target on JELD-WEN from $5.00 to $2.00 and set an "underperform" rating on the stock in a research note on Wednesday, May 7th. Finally, UBS Group decreased their target price on shares of JELD-WEN from $7.50 to $5.00 and set a "neutral" rating on the stock in a research report on Wednesday, May 7th. Two equities research analysts have rated the stock with a sell rating and seven have given a hold rating to the company. Based on data from MarketBeat.com, JELD-WEN presently has a consensus rating of "Hold" and an average price target of $7.34.

Institutional Investors Weigh In On JELD-WEN

Hedge funds have recently bought and sold shares of the business. Royal Bank of Canada grew its stake in JELD-WEN by 66.1% during the 1st quarter. Royal Bank of Canada now owns 53,641 shares of the company's stock valued at $321,000 after purchasing an additional 21,346 shares in the last quarter. Jane Street Group LLC grew its stake in JELD-WEN by 350.2% during 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 in the last quarter. AQR Capital Management LLC lifted its holdings in JELD-WEN by 37.5% during the 1st quarter. AQR Capital Management LLC now owns 375,806 shares of the company's stock worth $2,244,000 after buying an additional 102,543 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in JELD-WEN by 82.8% during 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 worth $2,367,000 after buying an additional 179,615 shares during the last quarter. Finally, Empowered Funds LLC raised its holdings in shares of JELD-WEN by 3.1% during the first quarter. Empowered Funds LLC now owns 442,547 shares of the company's stock worth $2,642,000 after purchasing an additional 13,115 shares during the period. 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.

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