Jeld-Wen Holding Inc (NYSE:JELD) has received a consensus rating of “Hold” from the sixteen analysts that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $22.77.

A number of brokerages recently commented on JELD. Seaport Global Securities began coverage on shares of Jeld-Wen in a research report on Friday, March 15th. They set a “buy” rating and a $26.00 price objective on the stock. Credit Suisse Group set a $20.00 target price on shares of Jeld-Wen and gave the stock a “hold” rating in a research report on Tuesday, February 26th. Zacks Investment Research raised shares of Jeld-Wen from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research report on Wednesday, May 1st. Finally, Royal Bank of Canada set a $23.00 price objective on shares of Jeld-Wen and gave the stock a “hold” rating in a report on Wednesday, May 8th.

Shares of JELD stock traded up $0.52 during trading hours on Thursday, reaching $20.56. 7,193 shares of the stock traded hands, compared to its average volume of 643,066. Jeld-Wen has a 1-year low of $13.28 and a 1-year high of $30.25. The company has a debt-to-equity ratio of 2.19, a current ratio of 1.64 and a quick ratio of 0.95. The firm has a market capitalization of $2.11 billion, a P/E ratio of 12.81, a P/E/G ratio of 1.05 and a beta of 2.89.

Jeld-Wen (NYSE:JELD) last released its quarterly earnings results on Tuesday, May 7th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.26 by ($0.03). Jeld-Wen had a net margin of 2.74% and a return on equity of 20.28%. The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the prior year, the firm earned $0.30 EPS. The firm’s revenue was up 6.8% compared to the same quarter last year. Sell-side analysts predict that Jeld-Wen will post 1.76 EPS for the current fiscal year.

In other news, Chairman Kirk S. Hachigian sold 42,927 shares of the stock in a transaction on Thursday, February 28th. The shares were sold at an average price of $20.08, for a total value of $861,974.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.47% of the company’s stock.

Institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp increased its position in shares of Jeld-Wen by 49.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 521,243 shares of the company’s stock worth $12,854,000 after purchasing an additional 171,513 shares in the last quarter. Skyline Asset Management LP increased its position in shares of Jeld-Wen by 46.2% during the 4th quarter. Skyline Asset Management LP now owns 686,800 shares of the company’s stock worth $9,759,000 after purchasing an additional 217,102 shares in the last quarter. MetLife Investment Advisors LLC increased its position in shares of Jeld-Wen by 55.0% during the 3rd quarter. MetLife Investment Advisors LLC now owns 48,877 shares of the company’s stock worth $1,205,000 after purchasing an additional 17,340 shares in the last quarter. DNB Asset Management AS increased its position in shares of Jeld-Wen by 223.5% during the 4th quarter. DNB Asset Management AS now owns 102,862 shares of the company’s stock worth $1,462,000 after purchasing an additional 71,062 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Jeld-Wen during the 4th quarter worth about $10,991,000. Institutional investors and hedge funds own 68.20% of the company’s stock.

About Jeld-Wen

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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Analyst Recommendations for Jeld-Wen (NYSE:JELD)

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