JELD-WEN (NYSE:JELD) Releases Earnings Results, Misses Expectations By $0.43 EPS

JELD-WEN (NYSE:JELD) announced its earnings results on Monday. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.43), Zacks reports. JELD-WEN had a negative return on equity of 1.60% and a negative net margin of 10.03%. JELD-WEN updated its FY 2025 guidance to EPS.

JELD-WEN Stock Down 3.3%

Shares of JELD traded down $0.14 during trading hours on Monday, hitting $4.20. 1,372,341 shares of the company were exchanged, compared to its average volume of 1,509,719. The company has a market cap of $358.44 million, a PE ratio of -1.03 and a beta of 1.70. The firm’s 50 day moving average is $5.35 and its 200-day moving average is $4.81. JELD-WEN has a 52 week low of $3.27 and a 52 week high of $14.65. The company has a debt-to-equity ratio of 2.42, a quick ratio of 1.04 and a current ratio of 1.77.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on JELD. UBS Group boosted their target price on JELD-WEN from $5.00 to $5.75 and gave the stock a “neutral” rating in a research report on Thursday, August 7th. Wall Street Zen raised JELD-WEN from a “sell” rating to a “hold” rating in a research report on Sunday. Weiss Ratings reissued a “sell (d-)” rating on shares of JELD-WEN in a research report on Tuesday, October 14th. Barclays upped their price target on JELD-WEN from $4.50 to $5.00 and gave the company an “equal weight” rating in a research report on Thursday, August 7th. Finally, Jefferies Financial Group upped their price target on JELD-WEN from $3.75 to $5.25 and gave the company a “hold” rating in a research report on Wednesday, August 20th. Seven research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $6.03.

Institutional Trading of JELD-WEN

Several large investors have recently made changes to their positions in the stock. Millennium Management LLC lifted its position in shares of JELD-WEN by 42.7% during the 1st quarter. Millennium Management LLC now owns 902,802 shares of the company’s stock worth $5,390,000 after purchasing an additional 270,226 shares during the last quarter. Marshall Wace LLP lifted its position in shares of JELD-WEN by 303.9% during the 2nd quarter. Marshall Wace LLP now owns 820,209 shares of the company’s stock worth $3,215,000 after purchasing an additional 617,136 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of JELD-WEN by 161.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 763,596 shares of the company’s stock worth $2,993,000 after purchasing an additional 471,240 shares during the last quarter. Empowered Funds LLC lifted its position in shares of JELD-WEN by 3.1% during the 1st quarter. Empowered Funds LLC now owns 442,547 shares of the company’s stock worth $2,642,000 after purchasing an additional 13,115 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of JELD-WEN by 82.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 396,514 shares of the company’s stock worth $2,367,000 after purchasing an additional 179,615 shares during the last quarter. Institutional investors own 95.04% of the company’s stock.

JELD-WEN Company Profile

JELD-WEN Holding, Inc designs, manufactures, and sells wood, metal, and composite materials doors, windows, and related building products in North America and Europe. The company offers a line of residential interior and exterior door products, including patio doors, and folding or sliding wall systems; non-residential doors; stile and rail doors; and wood, vinyl, and wood composite windows.