Jeld-Wen (JELD) Receiving Somewhat Favorable News Coverage, Analysis Finds

News coverage about Jeld-Wen (NYSE:JELD) has been trending somewhat positive this week, according to Accern. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Jeld-Wen earned a news impact score of 0.11 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.6925217197971 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

A number of equities analysts recently commented on JELD shares. Zacks Investment Research raised Jeld-Wen from a “hold” rating to a “buy” rating and set a $46.00 price target for the company in a research note on Wednesday, January 10th. Robert W. Baird reissued a “buy” rating and set a $46.00 price target on shares of Jeld-Wen in a research note on Tuesday, January 9th. Barclays set a $44.00 price target on Jeld-Wen and gave the company a “buy” rating in a research note on Monday, January 8th. ValuEngine lowered Jeld-Wen from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Finally, B. Riley increased their price target on Jeld-Wen from $33.00 to $38.00 and gave the company a “neutral” rating in a research note on Wednesday, November 15th. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $38.40.

Shares of Jeld-Wen (NYSE JELD) opened at $40.28 on Monday. Jeld-Wen has a 52-week low of $24.95 and a 52-week high of $42.27. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.93 and a quick ratio of 1.28.

Jeld-Wen (NYSE:JELD) last issued its quarterly earnings data on Tuesday, November 7th. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.03. Jeld-Wen had a return on equity of 58.83% and a net margin of 9.12%. The business had revenue of $991.40 million for the quarter, compared to the consensus estimate of $974.98 million. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. analysts predict that Jeld-Wen will post 1.62 earnings per share for the current year.

In other news, SVP John R. Linker sold 7,235 shares of the stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $32.74, for a total value of $236,873.90. Following the sale, the senior vice president now directly owns 14,453 shares in the company, valued at $473,191.22. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, major shareholder Corp Onex sold 14,211,736 shares of the stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $32.74, for a total value of $465,292,236.64. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 47,672,683 shares of company stock worth $1,560,803,641.

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About Jeld-Wen

JELD-WEN Holding, Inc is a door and window manufacturer. The Company designs, produces and distributes a range of interior and exterior doors, wood, vinyl and aluminum windows, and related products for use in the new construction and repair and remodeling, of residential homes, and to an extent, non-residential buildings.

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

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