JELD-WEN (JELD) Scheduled to Post Earnings on Monday

JELD-WEN (NYSE:JELD) is set to release its earnings data after the market closes on Monday, May 6th. Analysts expect JELD-WEN to post 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 released its quarterly earnings results on Monday, February 19th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.12. JELD-WEN had a net margin of 1.40% and a return on equity of 17.99%. The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1.03 billion. During the same quarter in the previous year, the business posted $0.47 earnings per share. 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 Trading Up 2.1 %

NYSE:JELD opened at $20.06 on Friday. 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 company has a 50-day moving average price of $19.47 and a 200-day moving average price of $17.71. The stock has a market cap of $1.72 billion, a price-to-earnings ratio of 27.48 and a beta of 2.32.

Insiders Place Their Bets

In other JELD-WEN news, Director Roderick Wendt sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $30.76, for a total transaction of $307,600.00. Following the completion of the sale, the director now directly owns 294,558 shares of the company’s stock, valued at $9,060,604.08. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other JELD-WEN news, Director Roderick Wendt sold 10,000 shares of the company’s 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 completion of the sale, the director now owns 294,558 shares in the company, valued at $9,060,604.08. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, major shareholder Turtle Creek Asset Management sold 54,000 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $19.84, for a total value of $1,071,360.00. Following the completion of the transaction, the insider now directly owns 760,463 shares in the company, valued at approximately $15,087,585.92. The disclosure for this sale can be found here. In the last quarter, insiders sold 127,000 shares of company stock valued at $2,698,610. Corporate insiders own 1.03% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on JELD shares. Oppenheimer assumed coverage on JELD-WEN in a report on Friday, January 19th. They set a “market perform” rating on the stock. Truist Financial increased their price objective on JELD-WEN from $15.00 to $19.00 and gave the stock a “hold” rating in a report on Wednesday, February 21st. Loop Capital initiated coverage on shares of JELD-WEN in a report on Thursday, February 15th. They set a “hold” rating and a $22.00 target price on the stock. B. Riley increased their price target on shares of JELD-WEN from $17.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 21st. Finally, Royal Bank of Canada boosted their price objective on shares of JELD-WEN from $15.00 to $16.00 and gave the stock an “underperform” rating in a research note on Wednesday, February 21st. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $18.30.

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.