JELD-WEN Holding Inc. (JELD) Stock: Analyzing the Quarterly Movement

The stock of JELD-WEN Holding Inc. (JELD) has seen a -8.42% decrease in the past week, with a 7.86% gain in the past month, and a 1.94% flourish in the past quarter. The volatility ratio for the week is 2.70%, and the volatility levels for the past 30 days are at 3.12% for JELD. The simple moving average for the past 20 days is -6.06% for JELD’s stock, with a -11.93% simple moving average for the past 200 days.

Is It Worth Investing in JELD-WEN Holding Inc. (NYSE: JELD) Right Now?

Company’s 36-month beta value is 2.25.Analysts have differing opinions on the stock, with 7 analysts rating it as a “buy,” 3 as “overweight,” 3 as “hold,” and 0 as “sell.”

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The public float for JELD is 82.87M, and currently, short sellers hold a 3.32% ratio of that floaft. The average trading volume of JELD on October 11, 2024 was 630.01K shares.

JELD) stock’s latest price update

The stock price of JELD-WEN Holding Inc. (NYSE: JELD) has plunged by -6.73 when compared to previous closing price of 15.74, but the company has seen a -8.42% decline in its stock price over the last five trading sessions. gurufocus.com reported 2024-10-07 that On September 30, 2024, Fuller & Thaler Asset Management, Inc. executed a significant transaction involving the shares of JELD-WEN Holding Inc (JELD, Financial). The firm decided to reduce its holdings by 2,892,370 shares, which resulted in a 37.34% decrease in their previous stake.

Analysts’ Opinion of JELD

Many brokerage firms have already submitted their reports for JELD stocks, with Loop Capital repeating the rating for JELD by listing it as a “Hold.” The predicted price for JELD in the upcoming period, according to Loop Capital is $22 based on the research report published on February 15, 2024 of the current year 2024.

JP Morgan gave a rating of “Neutral” to JELD, setting the target price at $9.50 in the report published on December 20th of the previous year.

JELD Trading at -0.32% from the 50-Day Moving Average

After a stumble in the market that brought JELD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.51% of loss for the given period.

Volatility was left at 3.12%, however, over the last 30 days, the volatility rate increased by 2.70%, as shares surge +4.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.04% lower at present.

During the last 5 trading sessions, JELD fell by -8.42%, which changed the moving average for the period of 200-days by -22.86% in comparison to the 20-day moving average, which settled at $15.63. In addition, JELD-WEN Holding Inc. saw -22.25% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at JELD starting from Turtle Creek Asset Management, who sale 54,000 shares at the price of $19.84 back on Feb 12 ’24. After this action, Turtle Creek Asset Management now owns 760,463 shares of JELD-WEN Holding Inc., valued at $1,071,106 using the latest closing price.

Turtle Creek Asset Management, the 10% Owner of JELD-WEN Holding Inc., sale 53,000 shares at $19.55 during a trade that took place back on Feb 09 ’24, which means that Turtle Creek Asset Management is holding 814,463 shares at $1,036,150 based on the most recent closing price.

Stock Fundamentals for JELD

Current profitability levels for the company are sitting at:

  • 0.03 for the present operating margin
  • 0.19 for the gross margin

The net margin for JELD-WEN Holding Inc. stands at -0.01. The total capital return value is set at 0.05. Equity return is now at value -6.69, with -1.61 for asset returns.

Based on JELD-WEN Holding Inc. (JELD), the company’s capital structure generated 0.62 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 1.62. The interest coverage ratio of the stock is 1.89.

Currently, EBITDA for the company is 312.3 million with net debt to EBITDA at 4.13. When we switch over and look at the enterprise to sales, we see a ratio of 0.59. The receivables turnover for the company is 7.97for trailing twelve months and the total asset turnover is 1.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.03.

Conclusion

In a nutshell, JELD-WEN Holding Inc. (JELD) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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