JELD-WEN Holding (JELD) Getting Somewhat Positive News Coverage, Report Finds
Media stories about JELD-WEN Holding (NYSE:JELD) have trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. JELD-WEN Holding earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.045317188493 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the headlines that may have impacted Accern Sentiment’s analysis:
- Royal Bank Of Canada Reaffirms Buy Rating for JELD-WEN Holding, Inc. (JELD) (americanbankingnews.com)
- JELD-WEN Holding, Inc. :JELD-US: Earnings Analysis: Q2, 2017 By the Numbers : August 28, 2017 (finance.yahoo.com)
- BRIEF-Jeld-Wen holding announces acquisition of Milliken Millwork (reuters.com)
- JELD-WEN Holding, Inc. (JELD) Reports Acquisition of Milliken Millwork (streetinsider.com)
- JELD-WEN Holding, Inc. Announces Acquisition of Milliken Millwork, Inc. (finance.yahoo.com)
Shares of JELD-WEN Holding (NYSE:JELD) opened at 30.28 on Wednesday. The company has a market capitalization of $3.19 billion and a PE ratio of 185.77. The firm’s 50-day moving average price is $30.74 and its 200 day moving average price is $31.59. JELD-WEN Holding has a 1-year low of $24.95 and a 1-year high of $34.95.
JELD-WEN Holding (NYSE:JELD) last released its quarterly earnings data on Tuesday, August 8th. The company reported $0.51 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.52 by $0.01. JELD-WEN Holding had a net margin of 9.12% and a return on equity of 93.93%. The business had revenue of $948.70 million for the quarter, compared to the consensus estimate of $974.57 million. The company’s quarterly revenue was up .2% compared to the same quarter last year. Equities analysts predict that JELD-WEN Holding will post $1.62 EPS for the current fiscal year.
Several equities research analysts recently issued reports on JELD shares. Citigroup Inc. reiterated a “neutral” rating and issued a $35.00 price target (up from $32.00) on shares of JELD-WEN Holding in a research note on Thursday, May 11th. Royal Bank Of Canada boosted their price target on JELD-WEN Holding from $35.00 to $37.00 and gave the company an “outperform” rating in a research note on Wednesday, May 10th. Credit Suisse Group started coverage on JELD-WEN Holding in a research note on Thursday, June 22nd. They issued an “outperform” rating and a $39.00 price target for the company. Gabelli started coverage on JELD-WEN Holding in a research note on Wednesday, July 26th. They set a “buy” rating and a $42.00 target price for the company. Finally, Barclays PLC restated a “buy” rating and set a $37.00 target price on shares of JELD-WEN Holding in a research note on Friday, May 12th. Seven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. JELD-WEN Holding has an average rating of “Buy” and a consensus price target of $34.86.
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In other JELD-WEN Holding news, major shareholder Corp Onex sold 2,100,000 shares of the stock in a transaction on Monday, June 5th. The shares were sold at an average price of $29.67, for a total transaction of $62,307,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
JELD-WEN Holding Company Profile
JELD-WEN Holding, Inc is a door and window manufacturer. The Company designs, produces and distributes a range of interior and exterior doors, wood, vinyl and aluminum windows, and related products for use in the new construction and repair and remodeling, of residential homes, and to an extent, non-residential buildings.
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