Brokerages predict that Jeld-Wen Holding Inc (NYSE:JELD) will announce sales of $1.12 billion for the current fiscal quarter, according to Zacks. Seven analysts have made estimates for Jeld-Wen’s earnings, with estimates ranging from $1.09 billion to $1.17 billion. Jeld-Wen posted sales of $1.14 billion during the same quarter last year, which suggests a negative year-over-year growth rate of 1.8%. The firm is expected to report its next quarterly earnings results on Tuesday, November 5th.

According to Zacks, analysts expect that Jeld-Wen will report full-year sales of $4.35 billion for the current financial year, with estimates ranging from $4.30 billion to $4.47 billion. For the next year, analysts anticipate that the business will post sales of $4.45 billion, with estimates ranging from $4.38 billion to $4.54 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that that provide coverage for Jeld-Wen.

Jeld-Wen (NYSE:JELD) last posted its earnings results on Wednesday, August 7th. The company reported $0.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.05). Jeld-Wen had a net margin of 2.47% and a return on equity of 19.84%. The company had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.16 billion. During the same quarter last year, the business posted $0.45 EPS. Jeld-Wen’s quarterly revenue was down 4.6% compared to the same quarter last year.

A number of equities research analysts have recently issued reports on JELD shares. B. Riley set a $21.00 target price on Jeld-Wen and gave the company a “hold” rating in a research note on Monday, August 12th. Royal Bank of Canada set a $23.00 price objective on Jeld-Wen and gave the company a “hold” rating in a research note on Wednesday, May 8th. TheStreet upgraded Jeld-Wen from a “d+” rating to a “c-” rating in a research note on Monday, July 22nd. Finally, Zacks Investment Research lowered Jeld-Wen from a “hold” rating to a “sell” rating in a research note on Tuesday, July 23rd. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $21.58.

Shares of JELD stock traded up $0.12 during trading hours on Monday, reaching $17.58. The company had a trading volume of 455,614 shares, compared to its average volume of 518,682. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.96 and a current ratio of 1.66. Jeld-Wen has a twelve month low of $13.28 and a twelve month high of $26.80. The company has a market capitalization of $1.76 billion, a P/E ratio of 10.99, a price-to-earnings-growth ratio of 1.01 and a beta of 2.51. The stock’s fifty day simple moving average is $20.31 and its 200 day simple moving average is $19.78.

Several institutional investors and hedge funds have recently modified their holdings of the company. Tower Research Capital LLC TRC lifted its holdings in shares of Jeld-Wen by 208,100.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,082 shares of the company’s stock worth $44,000 after purchasing an additional 2,081 shares during the last quarter. Acadian Asset Management LLC bought a new stake in shares of Jeld-Wen in the 2nd quarter worth approximately $49,000. Point72 Hong Kong Ltd bought a new stake in shares of Jeld-Wen in the 2nd quarter worth approximately $58,000. Pearl River Capital LLC bought a new stake in shares of Jeld-Wen in the 1st quarter worth approximately $78,000. Finally, Denali Advisors LLC bought a new stake in shares of Jeld-Wen in the 1st quarter worth approximately $101,000. Institutional investors own 61.32% 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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