JELD-WEN Holding Inc (NYSE: JELD) is -24.66% lower on its value in year-to-date trading and has touched a low of $5.79 and a high of $21.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JELD stock was last observed hovering at around $5.91 in the last trading session, with the day’s gains setting it 0.26%.
Currently trading at $6.17, the stock is -28.23% and -30.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.28 million and changing 4.40% at the moment leaves the stock -51.95% off its SMA200. JELD registered -67.93% loss for a year compared to 6-month loss of -56.21%.
The stock witnessed a -37.04% gain in the last 1 month and extending the period to 3 months gives it a -39.45%, and is -31.29% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.31% over the week and 6.09% over the month.
JELD-WEN Holding Inc (JELD) has around 17700 employees, a market worth around $522.10M and $3.78B in sales. Fwd P/E is 6.67. Profit margin for the company is -4.97%. Distance from 52-week low is 6.56% and -71.63% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.99%).
with sales reaching $769.29M over the same period.The EPS is expected to shrink by -34.46% this year, but quarterly earnings will post -12.19% year-over-year. Quarterly sales are estimated to shrink -19.79% in year-over-year returns.
The shares outstanding are 84.65M, and float is at 82.73M with Short Float at 3.24%.
The top institutional shareholder in the company is TURTLE CREEK ASSET MANAGEMENT INC. with over 13.84 million shares valued at $186.46 million. The investor’s holdings represent 16.2339 of the JELD Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 9.5 million shares valued at $127.99 million to account for 11.1103 of the shares outstanding. The other top investors are PZENA INVESTMENT MANAGEMENT LLC which holds 9.32 million shares representing 10.9308 and valued at over $125.55 million, while BLACKROCK INC. holds 10.8748 of the shares totaling 9.3 million with a market value of $125.27 million.
JELD-WEN Holding Inc (JELD) Insider Activity
The most recent transaction is an insider purchase by Turtle Creek Asset Management, the company’s 10% Owner. SEC filings show that Turtle Creek Asset Management bought 75,000 shares of the company’s common stock on Jan 13 ’25 at a price of $8.46 per share for a total of $0.63 million. Following the purchase, the insider now owns 12.32 million shares.
JELD-WEN Holding Inc disclosed in a document filed with the SEC on Jan 08 ’25 that Turtle Creek Asset Management (10% Owner) bought a total of 160,000 shares of the company’s common stock. The trade occurred on Jan 08 ’25 and was made at $7.71 per share for $1.23 million. Following the transaction, the insider now directly holds 12.17 million shares of the JELD stock.
Still, SEC filings show that on Jan 07 ’25, Turtle Creek Asset Management (10% Owner) acquired 125,000 shares at an average price of $7.90 for $0.99 million. The insider now directly holds 12,042,190 shares of JELD-WEN Holding Inc (JELD).
