At the time of writing, JELD-WEN Holding Inc. [JELD] stock is trading at $20.57, down -1.48%. An important factor to consider is whether the stock is rising or falling in short-term value. The JELD shares have lost -0.05% over the last week, with a monthly amount glided 16.48%, and seem to be holding up well over a long-time horizon.
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On 2, April 2024, JELD-WEN to Release First Quarter 2024 Results. In a post published today on Yahoo Finance, JELD-WEN Holding, Inc. (NYSE: JELD), a leading global manufacturer of building products, announced today that it will release first quarter 2024 results on Monday, May 6, 2024. The company will hold a conference call to discuss the results at 8 a.m. EDT on Tuesday, May 7, 2024.
From an analyst’s perspective:
JELD-WEN Holding Inc. [NYSE: JELD] stock has seen the most recent analyst activity on February 15, 2024, when Loop Capital initiated its Hold rating and assigned the stock a price target of $22. On December 20, 2022, upgrade upgraded it’s rating to Neutral but maintained its price target of $9.50 on the stock. Wolfe Research downgraded its rating to a Underperform but stick to its price target of $7 on November 08, 2022. Credit Suisse downgraded its rating to a Neutral and reduced its price target to $9 on October 14, 2022. Deutsche Bank started tracking with a Hold rating for this stock on August 18, 2022, and assigned it a price target of $15. In a note dated August 02, 2022, Stifel downgraded an Hold rating on this stock and revised its target price from $22 to $17.
For the past year, the stock price of JELD-WEN Holding Inc. fluctuated between $10.96 and $21.62. Currently, Wall Street analysts expect the stock to reach $18.43 within the next 12 months. JELD-WEN Holding Inc. [NYSE: JELD] shares were valued at $20.57 at the most recent close of the market. An investor can expect a potential drop of -10.4% based on the average JELD price forecast.
Analyzing the JELD fundamentals
According to JELD-WEN Holding Inc. [NYSE:JELD], the company’s sales were 4.45B for trailing twelve months, which represents an -23.31% plunge. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.09 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.44.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 20.27 points at the first support level, and at 19.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.11, and for the 2nd resistance point, it is at 21.65.
JELD-WEN Holding Inc. [JELD] reported earnings per share of $0.37 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.27/share, meaning a difference of $0.1 and a surprise factor of 37.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.53 per share as compared to estimates of $0.34 per share, a difference of $0.19 representing a surprise of 55.90%.
Ratios To Look Out For
It is important to note that JELD-WEN Holding Inc. [NYSE:JELD] has a current ratio of 2.20. On the other hand, the Quick Ratio is 1.49, and the Cash Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 0.40, the price to book ratio is 2.06 and price to earnings (TTM) ratio is 24.34.
Transactions by insiders
Recent insider trading involved Turtle Creek Asset Management, 10% Owner, that happened on Feb 12 ’24 when 54000.0 shares were sold. 10% Owner, Turtle Creek Asset Management completed a deal on Feb 09 ’24 to sell 53000.0 shares. Meanwhile, EVP, Human Resources Craven Timothy sold 3852.0 shares on May 17 ’23.
