Analysts expect that Jeld-Wen Holding Inc (NYSE:JELD) will report $0.50 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Seven analysts have made estimates for Jeld-Wen’s earnings, with the lowest EPS estimate coming in at $0.46 and the highest estimate coming in at $0.54. Jeld-Wen reported earnings of $0.45 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 11.1%. The firm is expected to announce its next quarterly earnings results before the market opens on Wednesday, August 7th.

According to Zacks, analysts expect that Jeld-Wen will report full year earnings of $1.74 per share for the current fiscal year, with EPS estimates ranging from $1.62 to $1.85. For the next financial year, analysts forecast that the business will report earnings of $2.04 per share, with EPS estimates ranging from $1.85 to $2.20. Zacks’ EPS calculations are a mean average based on a survey of research firms that cover Jeld-Wen.

Jeld-Wen (NYSE:JELD) last announced its quarterly earnings data on Tuesday, May 7th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.03). Jeld-Wen had a return on equity of 20.28% and a net margin of 2.74%. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. During the same period last year, the firm earned $0.30 earnings per share. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis.

JELD has been the topic of several recent analyst reports. Royal Bank of Canada lowered Zayo Group from an “outperform” rating to a “sector perform” rating and lifted their target price for the stock from $33.00 to $35.00 in a report on Wednesday, May 8th. Zacks Investment Research lowered THYSSENKRUPP AG/S from a “hold” rating to a “sell” rating in a report on Tuesday. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $22.08.

Several institutional investors have recently modified their holdings of the company. Fox Run Management L.L.C. bought a new position in shares of Jeld-Wen in the 2nd quarter valued at $346,000. LGT Capital Partners LTD. lifted its stake in shares of Jeld-Wen by 6.7% in the 2nd quarter. LGT Capital Partners LTD. now owns 144,000 shares of the company’s stock valued at $3,057,000 after acquiring an additional 9,000 shares during the last quarter. Denali Advisors LLC lifted its stake in shares of Jeld-Wen by 217.5% in the 2nd quarter. Denali Advisors LLC now owns 18,100 shares of the company’s stock valued at $384,000 after acquiring an additional 12,400 shares during the last quarter. DNB Asset Management AS lifted its stake in shares of Jeld-Wen by 66.7% in the 2nd quarter. DNB Asset Management AS now owns 191,157 shares of the company’s stock valued at $4,062,000 after acquiring an additional 76,483 shares during the last quarter. Finally, First Trust Advisors LP bought a new position in shares of Jeld-Wen in the 1st quarter valued at $704,000. Institutional investors own 61.74% of the company’s stock.

JELD stock traded up $0.31 during midday trading on Thursday, hitting $20.39. 8,065 shares of the company’s stock were exchanged, compared to its average volume of 347,369. The stock’s fifty day moving average is $20.83. The company has a debt-to-equity ratio of 2.19, a quick ratio of 0.93 and a current ratio of 1.64. The company has a market cap of $2.06 billion, a P/E ratio of 12.75, a PEG ratio of 1.04 and a beta of 2.51. Jeld-Wen has a one year low of $13.28 and a one year high of $29.82.

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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