Shares of JELD-WEN Holding, Inc. (NYSE:JELD) have earned an average rating of “Buy” from the sixteen brokerages that are presently covering the company, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $37.92.

A number of equities research analysts have commented on JELD shares. Royal Bank Of Canada reissued a “buy” rating and issued a $37.00 target price on shares of JELD-WEN Holding in a report on Tuesday, August 29th. Bank of America Corporation raised JELD-WEN Holding from a “neutral” rating to a “buy” rating and raised their target price for the company from $36.00 to $40.00 in a report on Thursday, September 7th. J P Morgan Chase & Co raised JELD-WEN Holding from a “neutral” rating to an “overweight” rating and raised their target price for the company from $34.00 to $38.00 in a report on Wednesday, September 6th. Goldman Sachs Group, Inc. (The) raised JELD-WEN Holding from a “neutral” rating to a “buy” rating and raised their target price for the company from $35.00 to $37.00 in a report on Wednesday, September 6th. Finally, Zacks Investment Research downgraded JELD-WEN Holding from a “buy” rating to a “hold” rating in a report on Thursday, August 10th.

Shares of JELD-WEN Holding (NYSE JELD) opened at $36.05 on Friday. The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.33 and a current ratio of 2.00. JELD-WEN Holding has a fifty-two week low of $24.95 and a fifty-two week high of $37.32.

JELD-WEN Holding (NYSE:JELD) last released its earnings results on Tuesday, August 8th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $974.57 million. JELD-WEN Holding’s quarterly revenue was up .2% compared to the same quarter last year. research analysts predict that JELD-WEN Holding will post 1.55 earnings per share for the current fiscal year.

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Several hedge funds have recently made changes to their positions in JELD. Bank of New York Mellon Corp purchased a new position in shares of JELD-WEN Holding in the first quarter valued at $2,400,000. Ameriprise Financial Inc. purchased a new position in shares of JELD-WEN Holding in the first quarter valued at $348,000. Alliancebernstein L.P. purchased a new position in shares of JELD-WEN Holding in the first quarter valued at $1,051,000. FMR LLC purchased a new position in shares of JELD-WEN Holding in the first quarter valued at $44,031,000. Finally, Teachers Advisors LLC purchased a new position in shares of JELD-WEN Holding in the first quarter valued at $7,595,000. Institutional investors and hedge funds own 41.61% of the company’s stock.

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.

Analyst Recommendations for JELD-WEN Holding (NYSE:JELD)

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