JELD-WEN (NYSE:JELD) Announces Quarterly Earnings Results

JELD-WEN (NYSE:JELD) released its quarterly earnings data on Tuesday. The company reported $0.05 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.05, FiscalAI reports. JELD-WEN had a negative net margin of 5.26% and a negative return on equity of 365.10%. The company had revenue of $798.51 million during the quarter, compared to the consensus estimate of $804.29 million.

JELD-WEN Price Performance

Shares of NYSE:JELD opened at $1.06 on Thursday. The company has a current ratio of 1.73, a quick ratio of 0.98 and a debt-to-equity ratio of 97.65. The firm’s 50 day moving average is $1.75 and its two-hundred day moving average is $1.74. The firm has a market capitalization of $92.40 million, a P/E ratio of -0.55 and a beta of 2.28. JELD-WEN has a 52 week low of $0.93 and a 52 week high of $3.27.

Analyst Ratings Changes

JELD has been the subject of several research analyst reports. The Goldman Sachs Group reiterated a “neutral” rating and set a $2.00 target price on shares of JELD-WEN in a research note on Thursday, August 6th. Weiss Ratings upgraded shares of JELD-WEN from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, September 29th. UBS Group raised their price objective on shares of JELD-WEN from $1.60 to $1.80 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Wall Street Zen raised shares of JELD-WEN from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 8th. Finally, Barclays upped their target price on shares of JELD-WEN from $1.50 to $2.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 5th. Five analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, JELD-WEN currently has a consensus rating of “Reduce” and an average target price of $2.10.

JELD-WEN Company Profile

JELD-WEN Holding, Inc is a manufacturer of windows and doors for residential and commercial construction and remodeling markets. Its products include vinyl, wood, aluminum and composite windows, as well as interior and exterior doors, patio doors and related building products.

The company sells products through building-product distributors, dealers, retail outlets and other channels. Its brands and product offerings serve new construction, repair and remodeling, and replacement applications, with products designed for homes, offices and other buildings.

Founded in 1960 in Klamath Falls, Oregon, JELD-WEN has expanded into an international building-products company serving customers in North America, Europe and Australia.