Somewhat Positive Press Coverage Somewhat Unlikely to Impact JELD-WEN (JELD) Share Price

News headlines about JELD-WEN (NYSE:JELD) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. JELD-WEN earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned news articles about the company an impact score of 49.2214866411593 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the media stories that may have impacted Accern’s scoring:

JELD has been the subject of several research reports. Bank of America reissued a “buy” rating and issued a $41.00 target price (down previously from $44.00) on shares of JELD-WEN in a research report on Thursday, February 22nd. Zacks Investment Research raised JELD-WEN from a “hold” rating to a “buy” rating and set a $45.00 price objective for the company in a research report on Tuesday, January 23rd. Royal Bank of Canada set a $42.00 price objective on JELD-WEN and gave the company a “buy” rating in a research report on Wednesday, February 14th. Barclays reaffirmed a “buy” rating and set a $39.00 price objective on shares of JELD-WEN in a research report on Sunday, February 25th. Finally, Citigroup reaffirmed a “hold” rating and set a $35.00 price objective (down previously from $37.00) on shares of JELD-WEN in a research report on Thursday, March 1st. Eleven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $37.64.

JELD-WEN opened at $29.27 on Tuesday, reports. JELD-WEN has a twelve month low of $26.32 and a twelve month high of $42.27. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.96 and a quick ratio of 1.13. The company has a market cap of $3.09 billion, a P/E ratio of 19.78, a P/E/G ratio of 0.65 and a beta of 2.43.

JELD-WEN (NYSE:JELD) last issued its earnings results on Tuesday, May 8th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.24 by $0.06. JELD-WEN had a return on equity of 21.18% and a net margin of 1.16%. The business had revenue of $946.20 million for the quarter, compared to the consensus estimate of $908.71 million. During the same period last year, the business posted $0.15 EPS. The company’s revenue was up 11.6% compared to the same quarter last year. equities research analysts forecast that JELD-WEN will post 2.1 earnings per share for the current fiscal year.

In other JELD-WEN news, Vice Chairman Roderick Wendt sold 30,000 shares of the stock in a transaction on Friday, March 9th. The stock was sold at an average price of $32.17, for a total transaction of $965,100.00. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Patrick Wright Tolbert bought 2,860 shares of the business’s stock in a transaction on Wednesday, February 28th. The shares were acquired at an average price of $30.88 per share, for a total transaction of $88,316.80. Following the completion of the purchase, the director now owns 4,343 shares in the company, valued at approximately $134,111.84. The disclosure for this purchase can be found here. Company insiders own 4.55% 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.

Insider Buying and Selling by Quarter for JELD-WEN (NYSE:JELD)

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