JELD-WEN (JELD) to Release Quarterly Earnings on Monday

JELD-WEN (NYSE:JELD) will be issuing its quarterly earnings data after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

JELD-WEN (NYSE:JELD) last issued its quarterly earnings data on Monday, February 19th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.25 by $0.12. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.03 billion. JELD-WEN had a return on equity of 17.99% and a net margin of 1.40%. During the same quarter last year, the business posted $0.47 EPS. On average, analysts expect JELD-WEN to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

JELD-WEN Stock Performance

Shares of JELD-WEN stock opened at $21.40 on Monday. The company has a market capitalization of $1.84 billion, a PE ratio of 29.32 and a beta of 2.35. JELD-WEN has a 12 month low of $11.02 and a 12 month high of $21.75. The company has a current ratio of 2.20, a quick ratio of 1.49 and a debt-to-equity ratio of 1.40. The stock’s fifty day simple moving average is $19.28 and its 200 day simple moving average is $17.47.

Insider Activity at JELD-WEN

In related news, Director Roderick Wendt sold 10,000 shares of JELD-WEN stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $30.76, for a total transaction of $307,600.00. Following the completion of the transaction, the director now owns 294,558 shares in the company, valued at $9,060,604.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, major shareholder Turtle Creek Asset Management sold 54,000 shares of JELD-WEN stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $19.84, for a total transaction of $1,071,360.00. Following the completion of the transaction, the insider now owns 760,463 shares in the company, valued at $15,087,585.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Roderick Wendt sold 10,000 shares of JELD-WEN stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $30.76, for a total value of $307,600.00. Following the transaction, the director now owns 294,558 shares of the company’s stock, valued at approximately $9,060,604.08. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 127,000 shares of company stock valued at $2,698,610. 1.03% of the stock is owned by insiders.

Wall Street Analyst Weigh In

JELD has been the topic of several research analyst reports. Loop Capital initiated coverage on JELD-WEN in a research note on Thursday, February 15th. They set a “hold” rating and a $22.00 price objective on the stock. Oppenheimer initiated coverage on JELD-WEN in a research note on Friday, January 19th. They issued a “market perform” rating on the stock. Royal Bank of Canada lifted their price target on JELD-WEN from $15.00 to $16.00 and gave the company an “underperform” rating in a research note on Wednesday, February 21st. Truist Financial lifted their price target on JELD-WEN from $15.00 to $19.00 and gave the company a “hold” rating in a research note on Wednesday, February 21st. Finally, B. Riley lifted their price target on JELD-WEN from $17.00 to $20.00 and gave the company a “neutral” rating in a research note on Wednesday, February 21st. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $18.30.

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.