JELD-WEN Holding, Inc. (NYSE:JELD) released its quarterly earnings data on Tuesday. The company reported $0.51 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.52 by $0.01, Bloomberg Earnings reports. The firm had revenue of $948.70 million during the quarter, compared to analyst estimates of $974.57 million. The company’s revenue was up .2% on a year-over-year basis.

JELD-WEN Holding (JELD) opened at 30.91 on Wednesday. JELD-WEN Holding has a 52-week low of $24.95 and a 52-week high of $34.95. The firm’s 50 day moving average price is $32.41 and its 200 day moving average price is $31.62. The firm’s market cap is $3.24 billion.

In other news, major shareholder Corp Onex sold 2,100,000 shares of the firm’s stock in a transaction that occurred on Monday, June 5th. The stock was sold at an average price of $29.67, for a total value of $62,307,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

A number of hedge funds have recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in shares of JELD-WEN Holding during the second quarter worth approximately $105,000. Legal & General Group Plc acquired a new stake in shares of JELD-WEN Holding during the first quarter worth approximately $130,000. PNC Financial Services Group Inc. acquired a new stake in shares of JELD-WEN Holding during the first quarter worth approximately $138,000. FNY Partners Fund LP acquired a new stake in shares of JELD-WEN Holding during the first quarter worth approximately $197,000. Finally, Great West Life Assurance Co. Can acquired a new stake in shares of JELD-WEN Holding during the second quarter worth approximately $236,000. Institutional investors and hedge funds own 27.59% of the company’s stock.

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Several research firms have commented on JELD. Gabelli began coverage on JELD-WEN Holding in a research note on Wednesday, July 26th. They issued a “buy” rating and a $42.00 target price on the stock. Zacks Investment Research upgraded JELD-WEN Holding from a “hold” rating to a “strong-buy” rating and set a $37.00 target price on the stock in a research note on Tuesday, July 25th. Barclays PLC restated a “buy” rating and issued a $37.00 target price on shares of JELD-WEN Holding in a research note on Friday, May 12th. Royal Bank Of Canada restated a “buy” rating and issued a $37.00 target price on shares of JELD-WEN Holding in a research note on Monday, June 19th. Finally, Credit Suisse Group began coverage on JELD-WEN Holding in a research note on Thursday, June 22nd. They issued an “outperform” rating and a $39.00 target price on the stock. Six equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $34.86.

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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