Equities analysts forecast that Jeld-Wen Holding Inc (NYSE:JELD) will post $0.59 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Seven analysts have provided estimates for Jeld-Wen’s earnings. The lowest EPS estimate is $0.56 and the highest is $0.64. Jeld-Wen reported earnings of $0.55 per share in the same quarter last year, which suggests a positive year over year growth rate of 7.3%. The company is expected to issue its next quarterly earnings results on Tuesday, November 6th.

On average, analysts expect that Jeld-Wen will report full-year earnings of $1.86 per share for the current year, with EPS estimates ranging from $1.77 to $1.95. For the next fiscal year, analysts expect that the business will report earnings of $2.29 per share, with EPS estimates ranging from $2.14 to $2.45. Zacks’ EPS calculations are a mean average based on a survey of research firms that follow Jeld-Wen.

Jeld-Wen (NYSE:JELD) last issued its quarterly earnings results on Tuesday, August 7th. The company reported $0.45 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.11). The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. Jeld-Wen had a return on equity of 20.44% and a net margin of 0.82%.

Several brokerages have commented on JELD. Deutsche Bank dropped their price target on Jeld-Wen from $35.00 to $31.00 and set a “hold” rating on the stock in a research report on Monday, June 25th. Macquarie began coverage on Jeld-Wen in a research report on Wednesday. They set a “buy” rating and a $35.00 price objective on the stock. ValuEngine cut Jeld-Wen from a “hold” rating to a “sell” rating in a research report on Wednesday, June 13th. Barclays lowered their price objective on Jeld-Wen from $37.00 to $35.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 8th. Finally, Credit Suisse Group lowered their price objective on Jeld-Wen from $33.00 to $30.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 8th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. Jeld-Wen currently has a consensus rating of “Hold” and a consensus price target of $33.15.

NYSE JELD traded up $0.34 during trading on Thursday, hitting $24.89. The company’s stock had a trading volume of 26,939 shares, compared to its average volume of 425,583. The company has a quick ratio of 1.21, a current ratio of 2.03 and a debt-to-equity ratio of 1.91. The company has a market cap of $2.62 billion, a P/E ratio of 16.86, a P/E/G ratio of 0.73 and a beta of 1.68. Jeld-Wen has a 52 week low of $23.44 and a 52 week high of $42.27.

In other Jeld-Wen news, EVP Peter Maxwell sold 4,982 shares of the company’s stock in a transaction on Tuesday, September 18th. The stock was sold at an average price of $26.16, for a total value of $130,329.12. Following the sale, the executive vice president now directly owns 17,136 shares in the company, valued at $448,277.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 4.55% of the company’s stock.

Large investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. boosted its stake in Jeld-Wen by 337.3% in the first quarter. Envestnet Asset Management Inc. now owns 3,791 shares of the company’s stock worth $114,000 after purchasing an additional 2,924 shares in the last quarter. Caption Management LLC acquired a new position in Jeld-Wen in the second quarter worth $143,000. Amalgamated Bank boosted its stake in Jeld-Wen by 19.1% in the second quarter. Amalgamated Bank now owns 10,717 shares of the company’s stock worth $306,000 after purchasing an additional 1,721 shares in the last quarter. Xact Kapitalforvaltning AB boosted its stake in Jeld-Wen by 78.8% in the first quarter. Xact Kapitalforvaltning AB now owns 11,800 shares of the company’s stock worth $361,000 after purchasing an additional 5,200 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System boosted its stake in Jeld-Wen by 41.6% in the first quarter. State Board of Administration of Florida Retirement System now owns 12,938 shares of the company’s stock worth $396,000 after purchasing an additional 3,798 shares in the last quarter. Hedge funds and other institutional investors own 64.43% of the company’s stock.

Jeld-Wen Company Profile

JELD-WEN Holding, Inc manufactures and sells doors and windows primarily in North America, Europe, and Australasia. The company offers a line of residential interior and exterior door products, including patio doors, and folding or sliding wall systems; non-residential doors; and wood, vinyl, and aluminum windows.

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Earnings History and Estimates for Jeld-Wen (NYSE:JELD)

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