Jeld-Wen (NYSE:JELD) had its price objective cut by SunTrust Banks to $19.00 in a report released on Tuesday, October 16th, The Fly reports. They currently have a hold rating on the stock. SunTrust Banks also issued estimates for Jeld-Wen’s Q3 2018 earnings at $0.54 EPS, Q4 2018 earnings at $0.39 EPS, FY2018 earnings at $1.68 EPS, Q1 2019 earnings at $0.34 EPS, Q2 2019 earnings at $0.56 EPS, Q3 2019 earnings at $0.59 EPS, Q4 2019 earnings at $0.53 EPS and FY2019 earnings at $2.02 EPS.

JELD has been the topic of several other reports. Bank of America set a $23.00 price target on shares of Jeld-Wen and gave the stock a sell rating in a research report on Thursday, October 11th. Macquarie initiated coverage on shares of Jeld-Wen in a research report on Wednesday, September 26th. They set a buy rating and a $35.00 price target on the stock. Goldman Sachs Group initiated coverage on shares of Jeld-Wen in a research report on Tuesday, October 2nd. They set a buy rating and a $31.00 price target on the stock. Zacks Investment Research raised shares of Jeld-Wen from a strong sell rating to a hold rating in a research report on Wednesday, October 10th. Finally, Royal Bank of Canada set a $28.00 price target on shares of Jeld-Wen and gave the stock a buy rating in a research report on Monday, October 8th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of Hold and an average price target of $25.07.

Shares of JELD stock traded up $0.10 during trading on Tuesday, reaching $18.00. The company’s stock had a trading volume of 1,129,351 shares, compared to its average volume of 1,399,264. The company has a quick ratio of 1.21, a current ratio of 2.03 and a debt-to-equity ratio of 1.91. The firm has a market cap of $1.78 billion, a PE ratio of 12.16, a P/E/G ratio of 0.61 and a beta of 2.70. Jeld-Wen has a one year low of $15.04 and a one year high of $42.27.

Jeld-Wen (NYSE:JELD) last announced its quarterly earnings data on Tuesday, November 6th. The company reported $0.40 EPS for the quarter, missing the Zacks’ consensus estimate of $0.53 by ($0.13). Jeld-Wen had a return on equity of 18.86% and a net margin of 0.26%. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same period in the prior year, the firm earned $0.55 EPS. The business’s revenue for the quarter was up 14.7% compared to the same quarter last year. On average, equities analysts predict that Jeld-Wen will post 1.59 earnings per share for the current fiscal year.

In other news, EVP Peter Maxwell sold 4,982 shares of the stock in a transaction dated Tuesday, September 18th. The shares were sold at an average price of $26.16, for a total value of $130,329.12. Following the transaction, the executive vice president now directly owns 17,136 shares of the company’s stock, valued at $448,277.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 4.55% of the stock is owned by corporate insiders.

Several hedge funds have recently added to or reduced their stakes in JELD. Pzena Investment Management LLC grew its stake in shares of Jeld-Wen by 19.6% in the second quarter. Pzena Investment Management LLC now owns 6,792,253 shares of the company’s stock valued at $194,191,000 after acquiring an additional 1,112,746 shares in the last quarter. Handelsbanken Fonder AB grew its stake in shares of Jeld-Wen by 333.3% in the first quarter. Handelsbanken Fonder AB now owns 780,000 shares of the company’s stock valued at $23,884,000 after acquiring an additional 600,000 shares in the last quarter. Dimensional Fund Advisors LP acquired a new position in shares of Jeld-Wen in the first quarter valued at about $15,085,000. IMS Capital Management grew its stake in shares of Jeld-Wen by 33.0% in the second quarter. IMS Capital Management now owns 1,918,801 shares of the company’s stock valued at $54,859,000 after acquiring an additional 475,707 shares in the last quarter. Finally, Davidson Kempner Capital Management LP grew its stake in shares of Jeld-Wen by 146.2% in the second quarter. Davidson Kempner Capital Management LP now owns 800,000 shares of the company’s stock valued at $22,872,000 after acquiring an additional 475,000 shares in the last quarter. Institutional investors and hedge funds own 63.76% of the company’s stock.

About Jeld-Wen

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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