Jeld-Wen (JELD) Price Target Cut to $42.00 by Analysts at Robert W. Baird

Jeld-Wen (NYSE:JELD) had its price objective decreased by Robert W. Baird from $46.00 to $42.00 in a research note issued to investors on Thursday. Robert W. Baird currently has an outperform rating on the stock.

A number of other research analysts have also issued reports on JELD. Wells Fargo & Co lowered shares of Jeld-Wen from an outperform rating to a market perform rating and set a $37.00 target price on the stock. in a research note on Thursday. JPMorgan Chase & Co. lowered shares of Jeld-Wen from an overweight rating to a neutral rating and set a $32.00 target price on the stock. in a research note on Thursday. Bank of America set a $41.00 target price on shares of Jeld-Wen and gave the company a buy rating in a research note on Thursday. Royal Bank of Canada set a $42.00 target price on shares of Jeld-Wen and gave the company a buy rating in a research note on Wednesday, February 14th. Finally, Zacks Investment Research upgraded shares of Jeld-Wen from a hold rating to a buy rating and set a $46.00 target price on the stock in a research note on Wednesday, January 10th. Eight research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of $40.00.

Jeld-Wen (NYSE JELD) opened at $33.50 on Thursday. Jeld-Wen has a 12 month low of $27.61 and a 12 month high of $42.27. The company has a quick ratio of 1.28, a current ratio of 1.93 and a debt-to-equity ratio of 1.40. The stock has a market cap of $4,060.47 and a price-to-earnings ratio of 27.17.

Jeld-Wen (NYSE:JELD) last posted its earnings results on Wednesday, February 21st. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.15). Jeld-Wen had a net margin of 0.29% and a return on equity of 18.71%. The firm had revenue of $976.00 million during the quarter, compared to analyst estimates of $1 billion. The company’s revenue was up .3% on a year-over-year basis. equities analysts anticipate that Jeld-Wen will post 2.24 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of JELD. Quantbot Technologies LP acquired a new stake in Jeld-Wen in the 3rd quarter worth $110,000. 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. Strs Ohio acquired a new stake in Jeld-Wen in the 4th quarter worth $149,000. Virtu Financial LLC acquired a new stake in Jeld-Wen in the 4th quarter worth $205,000. Finally, Breton Hill Capital Ltd. acquired a new stake in Jeld-Wen in the 3rd quarter worth $208,000. Institutional investors own 48.49% of the company’s stock.

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Jeld-Wen Company Profile

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.

Analyst Recommendations for Jeld-Wen (NYSE:JELD)

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