Analysts Anticipate Jeld-Wen Holding Inc (JELD) to Announce $0.57 EPS

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Equities research analysts expect Jeld-Wen Holding Inc (NYSE:JELD) to announce earnings of $0.57 per share for the current quarter, Zacks Investment Research reports. Seven analysts have provided estimates for Jeld-Wen’s earnings. The lowest EPS estimate is $0.52 and the highest is $0.65. Jeld-Wen reported earnings per share of $0.51 during the same quarter last year, which indicates a positive year-over-year growth rate of 11.8%. The firm is scheduled to issue its next quarterly earnings results on Tuesday, August 14th.

According to Zacks, analysts expect that Jeld-Wen will report full year earnings of $2.10 per share for the current year, with EPS estimates ranging from $1.88 to $2.36. For the next financial year, analysts anticipate that the business will report earnings of $2.57 per share, with EPS estimates ranging from $2.30 to $2.81. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that cover Jeld-Wen.

Jeld-Wen (NYSE:JELD) last announced its earnings results on Tuesday, May 8th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.24 by $0.06. The firm had revenue of $946.20 million for the quarter, compared to the consensus estimate of $908.71 million. Jeld-Wen had a net margin of 1.16% and a return on equity of 21.18%. The business’s quarterly revenue was up 11.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.15 EPS.

Several brokerages recently commented on JELD. Robert W. Baird reiterated an “outperform” rating and issued a $42.00 target price (down previously from $46.00) on shares of Jeld-Wen in a report on Thursday, February 22nd. Zacks Investment Research downgraded shares of Jeld-Wen from a “strong-buy” rating to a “hold” rating in a report on Friday, February 23rd. Jefferies Financial Group began coverage on shares of Jeld-Wen in a report on Tuesday, April 17th. They issued a “hold” rating and a $32.00 target price on the stock. Royal Bank of Canada reiterated an “outperform” rating and issued a $42.00 target price (up previously from $39.00) on shares of Jeld-Wen in a report on Thursday, February 22nd. Finally, Bank of America reiterated a “buy” rating and issued a $41.00 target price (down previously from $44.00) on shares of Jeld-Wen in a report on Thursday, February 22nd. One analyst has rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $37.64.

Jeld-Wen traded down $0.68, hitting $28.68, during trading on Friday, according to Marketbeat. The stock had a trading volume of 1,096,800 shares, compared to its average volume of 826,022. The company has a market capitalization of $3.15 billion, a PE ratio of 19.38, a price-to-earnings-growth ratio of 0.65 and a beta of 2.34. Jeld-Wen has a 12 month low of $26.32 and a 12 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.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. grew its position in Jeld-Wen by 337.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 3,791 shares of the company’s stock worth $114,000 after purchasing an additional 2,924 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Jeld-Wen by 331.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,522 shares of the company’s stock worth $139,000 after purchasing an additional 2,706 shares during the last quarter. Summit Trail Advisors LLC grew its position in Jeld-Wen by 2,656.7% in the 1st quarter. Summit Trail Advisors LLC now owns 200,689 shares of the company’s stock worth $201,000 after purchasing an additional 193,409 shares during the last quarter. Virtu Financial LLC acquired a new stake in Jeld-Wen in the 4th quarter worth $205,000. Finally, Ladenburg Thalmann Financial Services Inc. grew its position in Jeld-Wen by 387.8% in the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 6,098 shares of the company’s stock worth $240,000 after purchasing an additional 4,848 shares during the last quarter. Institutional investors own 61.83% 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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Earnings History and Estimates for Jeld-Wen (NYSE:JELD)

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