In the last trading session, 1.05 million JELD-WEN Holding Inc (NYSE:JELD) shares changed hands as the company’s beta touched 1.89. With the company’s per share price at $6.14 changed hands at $0.15 or 2.50% during last session, the market valuation stood at $520.98M. JELD’s last price was a discount, traded about -254.23% off its 52-week high of $21.75. The share price had its 52-week low at $5.44, which suggests the last value was 11.4% up since then. When we look at JELD-WEN Holding Inc’s average trading volume, we note the 10-day average is 1.17 million shares, with the 3-month average coming to 989.32K.
Analysts gave the JELD-WEN Holding Inc (JELD) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.44. If we narrow down to specifics, the data shows that 0 out of 10 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 7 recommended JELD as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. JELD-WEN Holding Inc’s EPS for the current quarter is expected to be -0.19.
JELD-WEN Holding Inc (NYSE:JELD) trade information
Instantly JELD was in green as seen at the end of in last trading. With action -0.32%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -25.03%, with the 5-day performance at -0.32% in the red. However, in the 30-day time frame, JELD-WEN Holding Inc (NYSE:JELD) is -31.63% down. Looking at the short shares, we see there were 4.91 million shares sold at short interest cover period of 4.17 days.
The consensus price target for the stock as assigned by Wall Street analysts is 11, meaning bulls need an upside of 44.18% from its current market value. According to analyst projections, JELD’s forecast low is 8 with 12 as the target high. To hit the forecast high, the stock’s price needs a -95.44% plunge from its current level, while the stock would need to soar -30.29% for it to hit the projected low.
JELD-WEN Holding Inc (JELD) estimates and forecasts
Year-over-year growth is forecast to reach -12.16% down from the last financial year.
Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 769.25M. 9 analysts are of the opinion that JELD-WEN Holding Inc’s revenue for the current quarter will be 858.87M. The company’s revenue for the corresponding quarters a year ago was 959.1M and 986M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -19.79%. The estimates for the next quarter sales put growth at -12.89%.
The 2025 estimates are for JELD-WEN Holding Inc earnings to decrease by -38.97%, but the outlook for the next 5-year period is at 23.58% per year.
JELD Dividends
JELD-WEN Holding Inc is expected to release its next quarterly earnings report on 2025-Feb-16.
JELD-WEN Holding Inc (NYSE:JELD)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.81% of JELD-WEN Holding Inc shares while 99.40% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 101.23%. There are 99.40% institutions holding the JELD-WEN Holding Inc stock share, with TURTLE CREEK ASSET MANAGEMENT INC. the top institutional holder. As of 2024-06-30, the company held 16.2339% of the shares, roughly 13.84 million JELD shares worth $186.46 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 11.1103% or 9.5 million shares worth $127.99 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Undiscovered Managers Behavioral Value Fund and Vanguard Selected Value Fund . With 4.16 shares estimated at $25.54 million under it, the former controlled 4.90% of total outstanding shares. On the other hand, Vanguard Selected Value Fund held about 4.01% of the shares, roughly 3.4 shares worth around $20.9 million.
