Barclays restated their buy rating on shares of Jeld-Wen (NYSE:JELD) in a research report released on Tuesday, October 15th, AnalystRatings.com reports. They currently have a $20.00 target price on the stock.
A number of other brokerages have also issued reports on JELD. Royal Bank of Canada cut their target price on shares of Jeld-Wen from $20.00 to $17.00 and set a sector perform rating on the stock in a research note on Monday, October 14th. Bank of America restated a sell rating and issued a $18.00 target price on shares of Jeld-Wen in a research note on Monday, August 26th. ValuEngine upgraded shares of Jeld-Wen from a sell rating to a hold rating in a research note on Wednesday, October 2nd. B. Riley cut their target price on shares of Jeld-Wen from $21.00 to $18.00 and set a neutral rating on the stock in a research note on Monday, October 14th. Finally, Zacks Investment Research downgraded shares of Jeld-Wen from a hold rating to a sell rating in a research report on Tuesday, July 23rd. Three analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. Jeld-Wen currently has an average rating of Hold and an average price target of $20.11.
JELD stock traded up $0.57 during trading on Tuesday, reaching $20.77. The stock had a trading volume of 665,013 shares, compared to its average volume of 490,472. Jeld-Wen has a 1-year low of $13.28 and a 1-year high of $22.27. The company has a current ratio of 1.66, a quick ratio of 0.96 and a debt-to-equity ratio of 2.11. The company has a market capitalization of $2.03 billion, a P/E ratio of 12.98, a PEG ratio of 1.51 and a beta of 2.58. The firm has a fifty day moving average price of $18.19 and a 200 day moving average price of $19.42.
Several large investors have recently made changes to their positions in the stock. LGT Capital Partners LTD. grew its position in Jeld-Wen by 6.7% in the 2nd quarter. LGT Capital Partners LTD. now owns 144,000 shares of the company’s stock worth $3,057,000 after purchasing an additional 9,000 shares during the last quarter. Southpoint Capital Advisors LP grew its position in Jeld-Wen by 7.3% in the 2nd quarter. Southpoint Capital Advisors LP now owns 2,682,700 shares of the company’s stock worth $56,954,000 after purchasing an additional 182,700 shares during the last quarter. Aperio Group LLC bought a new position in Jeld-Wen in the 2nd quarter worth about $117,000. Renaissance Technologies LLC grew its position in Jeld-Wen by 99.8% in the 2nd quarter. Renaissance Technologies LLC now owns 225,600 shares of the company’s stock worth $4,789,000 after purchasing an additional 112,700 shares during the last quarter. Finally, Zeke Capital Advisors LLC grew its position in Jeld-Wen by 81.0% in the 3rd quarter. Zeke Capital Advisors LLC now owns 68,683 shares of the company’s stock worth $1,325,000 after purchasing an additional 30,741 shares during the last quarter. 59.45% of the stock is owned by institutional investors and hedge funds.
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.
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