Shares of JELD-WEN Holding, Inc. (NYSE:JELD) have been given a consensus recommendation of “Buy” by the seventeen brokerages that are presently covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $37.92.

Several analysts have issued reports on JELD shares. J P Morgan Chase & Co raised shares of JELD-WEN from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $34.00 to $38.00 in a research report on Wednesday, September 6th. Goldman Sachs Group raised shares of JELD-WEN from a “neutral” rating to a “buy” rating and upped their price target for the stock from $35.00 to $37.00 in a research report on Wednesday, September 6th. Bank of America raised shares of JELD-WEN from a “neutral” rating to a “buy” rating and upped their price target for the stock from $36.00 to $40.00 in a research report on Thursday, September 7th. Zacks Investment Research raised shares of JELD-WEN from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a research report on Monday, October 23rd. Finally, SunTrust Banks reissued a “hold” rating on shares of JELD-WEN in a research report on Tuesday, September 12th.

Shares of JELD-WEN (NYSE JELD) opened at $38.80 on Thursday. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.93 and a quick ratio of 1.28. JELD-WEN has a 1 year low of $24.95 and a 1 year high of $40.25.

JELD-WEN (NYSE:JELD) last posted its quarterly earnings results on Tuesday, November 7th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.52 by $0.03. JELD-WEN had a net margin of 9.12% and a return on equity of 58.83%. The firm had revenue of $991.40 million for the quarter, compared to analyst estimates of $974.98 million. JELD-WEN’s revenue for the quarter was up 6.3% compared to the same quarter last year. equities research analysts forecast that JELD-WEN will post 1.61 earnings per share for the current year.

In related news, SVP John R. Linker sold 7,235 shares of the firm’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $32.74, for a total transaction of $236,873.90. Following the transaction, the senior vice president now directly owns 14,453 shares of the company’s stock, valued at $473,191.22. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman Kirk S. Hachigian sold 156,029 shares of the firm’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $32.74, for a total transaction of $5,108,389.46. Following the transaction, the chairman now directly owns 413,930 shares in the company, valued at $13,552,068.20. The disclosure for this sale can be found here. Insiders sold 47,672,683 shares of company stock worth $1,560,803,641 over the last three months.

A number of institutional investors have recently made changes to their positions in the business. Pzena Investment Management LLC grew its stake in JELD-WEN by 24.1% during the third quarter. Pzena Investment Management LLC now owns 3,926,448 shares of the company’s stock worth $139,467,000 after buying an additional 763,166 shares in the last quarter. FMR LLC grew its stake in JELD-WEN by 148.6% during the second quarter. FMR LLC now owns 3,332,306 shares of the company’s stock worth $108,167,000 after buying an additional 1,991,945 shares in the last quarter. JPMorgan Chase & Co. grew its stake in JELD-WEN by 31.9% during the third quarter. JPMorgan Chase & Co. now owns 3,148,097 shares of the company’s stock worth $112,009,000 after buying an additional 762,211 shares in the last quarter. Vanguard Group Inc. grew its stake in JELD-WEN by 40.7% during the second quarter. Vanguard Group Inc. now owns 3,126,737 shares of the company’s stock worth $101,493,000 after buying an additional 904,908 shares in the last quarter. Finally, BlackRock Inc. grew its stake in JELD-WEN by 69.1% during the second quarter. BlackRock Inc. now owns 2,994,158 shares of the company’s stock worth $97,191,000 after buying an additional 1,223,534 shares in the last quarter. Hedge funds and other institutional investors own 45.79% of the company’s stock.

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About JELD-WEN

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 (NYSE:JELD)

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