$0.31 Earnings Per Share Expected for Jeld-Wen Holding Inc (NYSE:JELD) This Quarter

Equities research analysts predict that Jeld-Wen Holding Inc (NYSE:JELD) will report earnings per share of $0.31 for the current fiscal quarter, Zacks reports. Six analysts have issued estimates for Jeld-Wen’s earnings, with the highest EPS estimate coming in at $0.44 and the lowest estimate coming in at $0.25. Jeld-Wen posted earnings of $0.41 per share during the same quarter last year, which would indicate a negative year over year growth rate of 24.4%. The business is scheduled to announce its next earnings report on Tuesday, February 18th.

On average, analysts expect that Jeld-Wen will report full-year earnings of $1.26 per share for the current financial year, with EPS estimates ranging from $1.17 to $1.55. For the next year, analysts forecast that the firm will post earnings of $1.61 per share, with EPS estimates ranging from $1.40 to $1.80. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Jeld-Wen.

Jeld-Wen (NYSE:JELD) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.26 EPS for the quarter, missing the Zacks’ consensus estimate of $0.38 by ($0.12). The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.09 billion. Jeld-Wen had a net margin of 2.22% and a return on equity of 17.68%. Jeld-Wen’s revenue was down 3.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.40 earnings per share.

Several equities research analysts have recently issued reports on the company. ValuEngine cut Jeld-Wen from a “hold” rating to a “sell” rating in a report on Thursday, November 7th. Royal Bank of Canada reduced their target price on Jeld-Wen from $20.00 to $17.00 and set a “sector perform” rating on the stock in a report on Monday, October 14th. Barclays reaffirmed a “buy” rating and issued a $20.00 target price on shares of Jeld-Wen in a report on Tuesday, October 15th. Zacks Investment Research cut Jeld-Wen from a “hold” rating to a “sell” rating in a report on Tuesday, July 23rd. Finally, Bank of America reaffirmed a “sell” rating and issued a $18.00 target price on shares of Jeld-Wen in a report on Monday, August 26th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. Jeld-Wen has a consensus rating of “Hold” and a consensus price target of $20.11.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. LGT Capital Partners LTD. boosted its position in shares of Jeld-Wen by 6.7% during the second quarter. LGT Capital Partners LTD. now owns 144,000 shares of the company’s stock valued at $3,057,000 after buying an additional 9,000 shares during the period. Southpoint Capital Advisors LP boosted its position in shares of Jeld-Wen by 7.3% during the second quarter. Southpoint Capital Advisors LP now owns 2,682,700 shares of the company’s stock valued at $56,954,000 after buying an additional 182,700 shares during the period. Aperio Group LLC purchased a new position in shares of Jeld-Wen during the second quarter valued at approximately $117,000. Renaissance Technologies LLC boosted its position in shares of Jeld-Wen by 99.8% during the second quarter. Renaissance Technologies LLC now owns 225,600 shares of the company’s stock valued at $4,789,000 after buying an additional 112,700 shares during the period. Finally, Zeke Capital Advisors LLC boosted its position in shares of Jeld-Wen by 81.0% during the third quarter. Zeke Capital Advisors LLC now owns 68,683 shares of the company’s stock valued at $1,325,000 after buying an additional 30,741 shares during the period. Institutional investors own 59.60% of the company’s stock.

NYSE:JELD traded up $0.64 on Friday, reaching $21.74. 25,583 shares of the company’s stock traded hands, compared to its average volume of 554,804. Jeld-Wen has a 12 month low of $13.28 and a 12 month high of $22.27. The company has a quick ratio of 0.94, a current ratio of 1.57 and a debt-to-equity ratio of 2.03. The stock has a 50-day simple moving average of $18.26 and a 200-day simple moving average of $19.42. The firm has a market cap of $2.09 billion, a PE ratio of 13.62, a P/E/G ratio of 1.79 and a beta of 2.58.

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.

Further Reading: Investing in Blue-Chip Stocks

Get a free copy of the Zacks research report on Jeld-Wen (JELD)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Jeld-Wen (NYSE:JELD)

Receive News & Ratings for Jeld-Wen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jeld-Wen and related companies with MarketBeat.com's FREE daily email newsletter.