Jeld-Wen Holding Inc (NYSE:JELD) EVP Peter Maxwell sold 4,982 shares of the stock in a transaction that occurred on Tuesday, September 18th. The stock was sold at an average price of $26.16, for a total value of $130,329.12. Following the sale, the executive vice president now directly owns 17,136 shares in the company, valued at approximately $448,277.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Shares of JELD stock traded down $0.14 during mid-day trading on Friday, hitting $21.35. The company’s stock had a trading volume of 1,545,451 shares, compared to its average volume of 775,197. Jeld-Wen Holding Inc has a 52 week low of $20.62 and a 52 week high of $42.27. The company has a current ratio of 2.03, a quick ratio of 1.21 and a debt-to-equity ratio of 1.91. The firm has a market cap of $2.59 billion, a PE ratio of 14.43, a price-to-earnings-growth ratio of 0.73 and a beta of 1.64.
Jeld-Wen (NYSE:JELD) last posted its quarterly earnings data on Tuesday, August 7th. The company reported $0.45 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.11). The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. Jeld-Wen had a return on equity of 20.44% and a net margin of 0.82%. On average, analysts forecast that Jeld-Wen Holding Inc will post 1.86 earnings per share for the current year.
A number of research analysts have recently commented on JELD shares. Zacks Investment Research upgraded Jeld-Wen from a “strong sell” rating to a “hold” rating in a research note on Wednesday. Royal Bank of Canada set a $28.00 price target on Jeld-Wen and gave the company a “buy” rating in a research note on Monday, October 8th. Goldman Sachs Group started coverage on Jeld-Wen in a research note on Tuesday, October 2nd. They issued a “buy” rating and a $31.00 price target for the company. Deutsche Bank dropped their price target on Jeld-Wen from $35.00 to $31.00 and set a “hold” rating for the company in a research note on Monday, June 25th. Finally, Barclays lowered their target price on Jeld-Wen from $37.00 to $35.00 and set an “overweight” rating for the company in a research report on Wednesday, August 8th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $30.21.
Several institutional investors and hedge funds have recently modified their holdings of JELD. Hound Partners LLC grew its stake in shares of Jeld-Wen by 1,758.2% in the 1st quarter. Hound Partners LLC now owns 5,326,194 shares of the company’s stock valued at $163,088,000 after buying an additional 5,039,555 shares during the period. Pzena Investment Management LLC grew its stake in shares of Jeld-Wen by 19.6% in the 2nd quarter. Pzena Investment Management LLC now owns 6,792,253 shares of the company’s stock valued at $194,191,000 after buying an additional 1,112,746 shares during the period. Handelsbanken Fonder AB grew its stake in shares of Jeld-Wen by 333.3% in the 1st quarter. Handelsbanken Fonder AB now owns 780,000 shares of the company’s stock valued at $23,884,000 after buying an additional 600,000 shares during the period. Citadel Advisors LLC grew its stake in shares of Jeld-Wen by 324.2% in the 1st quarter. Citadel Advisors LLC now owns 778,305 shares of the company’s stock valued at $23,832,000 after buying an additional 594,831 shares during the period. Finally, Dimensional Fund Advisors LP acquired a new position in Jeld-Wen during the 1st quarter valued at about $15,085,000. Institutional investors own 64.43% of the company’s stock.
Jeld-Wen Company Profile
JELD-WEN Holding, Inc manufactures and sells doors and windows primarily in North America, Europe, and Australasia. The company offers a line of residential interior and exterior door products, including patio doors, and folding or sliding wall systems; non-residential doors; and wood, vinyl, and aluminum windows.
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