News articles about JELD-WEN (NYSE:JELD) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. JELD-WEN earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned headlines about the company an impact score of 44.8877743741884 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern Sentiment’s rankings:
JELD-WEN (NYSE JELD) traded up $0.60 during trading on Thursday, reaching $37.82. 821,686 shares of the company traded hands, compared to its average volume of 714,819. JELD-WEN has a 1-year low of $24.95 and a 1-year high of $40.25. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.28 and a current ratio of 1.93.
JELD-WEN (NYSE:JELD) last released its quarterly earnings results on Tuesday, November 7th. The company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.03. JELD-WEN had a net margin of 9.12% and a return on equity of 58.83%. The business had revenue of $991.40 million for the quarter, compared to analysts’ expectations of $974.98 million. The firm’s revenue for the quarter was up 6.3% on a year-over-year basis. research analysts anticipate that JELD-WEN will post 1.59 earnings per share for the current year.
Several equities research analysts have weighed in on the stock. Zacks Investment Research raised shares of JELD-WEN from a “hold” rating to a “buy” rating and set a $40.00 price target for the company in a research note on Monday, October 23rd. Robert W. Baird reaffirmed an “outperform” rating and issued a $40.00 price target (up from $38.00) on shares of JELD-WEN in a research note on Monday, October 2nd. ValuEngine downgraded shares of JELD-WEN from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Barclays lifted their price target on shares of JELD-WEN from $37.00 to $39.00 and gave the company an “overweight” rating in a research note on Wednesday, November 8th. Finally, B. Riley lifted their price target on shares of 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 assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $37.27.
In other JELD-WEN news, Chairman Kirk S. Hachigian sold 156,029 shares of the business’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $32.74, for a total value of $5,108,389.46. Following the transaction, the chairman now directly owns 413,930 shares in the company, valued at $13,552,068.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP John R. Linker sold 7,235 shares of the business’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $32.74, for a total transaction of $236,873.90. Following the completion of the transaction, the senior vice president now owns 14,453 shares in the company, valued at $473,191.22. 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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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.
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