JELD-WEN Holding, Inc. (NYSE:JELD) Director Steven E. Wynne Acquires 10,000 Shares

JELD-WEN Holding, Inc. (NYSE:JELD) Director Steven E. Wynne bought 10,000 shares of the business’s stock in a transaction dated Thursday, February 27th. The stock was bought at an average price of $6.01 per share, for a total transaction of $60,100.00. Following the purchase, the director now owns 28,000 shares in the company, valued at approximately $168,280. This represents a 55.56 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

JELD-WEN Stock Performance

JELD stock opened at $5.49 on Friday. The company has a market capitalization of $465.83 million, a P/E ratio of -2.46 and a beta of 2.17. The company has a quick ratio of 1.33, a current ratio of 2.03 and a debt-to-equity ratio of 1.64. The company has a 50-day simple moving average of $8.28 and a 200 day simple moving average of $11.52. JELD-WEN Holding, Inc. has a fifty-two week low of $5.49 and a fifty-two week high of $21.75.

JELD-WEN (NYSE:JELD) last released its earnings results on Monday, February 17th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.20). The company had revenue of $895.70 million for the quarter, compared to analyst estimates of $860.82 million. JELD-WEN had a negative net margin of 5.01% and a positive return on equity of 7.14%. Sell-side analysts predict that JELD-WEN Holding, Inc. will post 0.88 earnings per share for the current fiscal year.

Hedge Funds Weigh In On JELD-WEN

Several large investors have recently bought and sold shares of JELD. Performa Ltd US LLC increased its stake in JELD-WEN by 1,580.0% during the 4th quarter. Performa Ltd US LLC now owns 4,200 shares of the company’s stock valued at $34,000 after buying an additional 3,950 shares during the period. Blue Trust Inc. boosted its position in shares of JELD-WEN by 79.8% during the 3rd quarter. Blue Trust Inc. now owns 2,893 shares of the company’s stock valued at $46,000 after purchasing an additional 1,284 shares in the last quarter. Quarry LP bought a new position in shares of JELD-WEN during the 4th quarter valued at about $46,000. US Bancorp DE boosted its position in shares of JELD-WEN by 257.6% during the 4th quarter. US Bancorp DE now owns 9,752 shares of the company’s stock valued at $80,000 after purchasing an additional 7,025 shares in the last quarter. Finally, Brevan Howard Capital Management LP bought a new position in shares of JELD-WEN during the 4th quarter valued at about $83,000. Institutional investors and hedge funds own 95.04% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on JELD shares. B. Riley cut their target price on shares of JELD-WEN from $17.00 to $14.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. The Goldman Sachs Group dropped their price objective on shares of JELD-WEN from $9.00 to $8.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 19th. Truist Financial dropped their price objective on shares of JELD-WEN from $11.00 to $7.00 and set a “hold” rating on the stock in a research note on Wednesday, February 19th. Royal Bank of Canada dropped their price objective on shares of JELD-WEN from $7.00 to $5.00 and set an “underperform” rating on the stock in a research note on Wednesday, February 19th. Finally, Loop Capital dropped their price objective on shares of JELD-WEN from $10.00 to $8.00 and set a “hold” rating on the stock in a research note on Wednesday, February 19th. One equities research analyst has rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $9.06.

JELD-WEN Company Profile

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.