JELD-WEN Holding, Inc. (NYSE:JELD) Given Average Rating of “Hold” by Brokerages

Shares of JELD-WEN Holding, Inc. (NYSE:JELD) have been given a consensus recommendation of “Hold” by the eleven analysts that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $18.00.

A number of research analysts recently issued reports on the stock. Barclays lowered their price target on shares of JELD-WEN from $18.00 to $15.00 and set an “equal weight” rating for the company in a research report on Monday, May 13th. UBS Group lowered their price target on shares of JELD-WEN from $22.00 to $19.00 and set a “buy” rating for the company in a research report on Wednesday, May 8th. Royal Bank of Canada lowered their price target on shares of JELD-WEN from $16.00 to $13.00 and set an “underperform” rating for the company in a research report on Wednesday, May 8th. Finally, StockNews.com cut shares of JELD-WEN from a “buy” rating to a “hold” rating in a report on Wednesday, May 8th.

Institutional Trading of JELD-WEN

A number of large investors have recently made changes to their positions in JELD. Deutsche Bank AG grew its stake in shares of JELD-WEN by 18.4% in the third quarter. Deutsche Bank AG now owns 44,402 shares of the company’s stock worth $593,000 after acquiring an additional 6,888 shares during the period. Rhumbline Advisers grew its stake in shares of JELD-WEN by 2.6% in the third quarter. Rhumbline Advisers now owns 138,065 shares of the company’s stock worth $1,845,000 after acquiring an additional 3,471 shares during the period. Hsbc Holdings PLC grew its stake in shares of JELD-WEN by 143.7% in the third quarter. Hsbc Holdings PLC now owns 54,992 shares of the company’s stock worth $734,000 after acquiring an additional 32,425 shares during the period. Vanguard Group Inc. grew its stake in shares of JELD-WEN by 4.1% in the third quarter. Vanguard Group Inc. now owns 8,790,549 shares of the company’s stock worth $117,442,000 after acquiring an additional 344,435 shares during the period. Finally, Ziegler Capital Management LLC grew its stake in shares of JELD-WEN by 5.8% in the fourth quarter. Ziegler Capital Management LLC now owns 43,930 shares of the company’s stock worth $829,000 after acquiring an additional 2,392 shares during the period. 95.04% of the stock is currently owned by institutional investors.

JELD-WEN Trading Down 0.5 %

Shares of NYSE JELD opened at $12.91 on Wednesday. JELD-WEN has a 1 year low of $11.02 and a 1 year high of $21.75. The stock has a market cap of $1.11 billion, a P/E ratio of 56.13 and a beta of 2.28. The firm has a 50-day moving average of $15.44 and a 200 day moving average of $17.70. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.08 and a quick ratio of 1.39.

JELD-WEN (NYSE:JELD) last issued its quarterly earnings results on Monday, May 6th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.01. JELD-WEN had a net margin of 0.47% and a return on equity of 15.78%. The company had revenue of $959.10 million during the quarter, compared to analysts’ expectations of $972.62 million. As a group, sell-side analysts expect that JELD-WEN will post 1.19 EPS for the current fiscal year.

About JELD-WEN

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.