The stock of JELD-WEN Holding Inc (JELD) has gone up by 0.78% for the week, with a -34.64% drop in the past month and a -26.42% drop in the past quarter. The volatility ratio for the week is 5.19%, and the volatility levels for the past 30 days are 4.85% for JELD.. The simple moving average for the past 20 days is -19.82% for JELD’s stock, with a -35.47% simple moving average for the past 200 days.
Is It Worth Investing in JELD-WEN Holding Inc (NYSE: JELD) Right Now?
Moreover, the 36-month beta value for JELD is 2.14. Analysts have varying 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 82.94M and currently, short sellers hold a 3.00% of that float. On November 15, 2024, JELD’s average trading volume was 663.00K shares.
JELD) stock’s latest price update
JELD-WEN Holding Inc (NYSE: JELD)’s stock price has gone rise by 1.07 in comparison to its previous close of 10.25, however, the company has experienced a 0.78% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-11-05 that JELD-WEN Holding, Inc. (NYSE:JELD ) Q3 2024 Earnings Conference Call November 5, 2024 8:00 AM ET Company Participants Bill Christensen – Chief Executive Officer Samantha Stoddard – EVP and Chief Financial Officer James Armstrong – Vice President, Investor Relations Conference Call Participants John Lovallo – UBS Phil Ng – Jefferies Steven Ramsey – Thompson Research Susan Maklari – Goldman Sachs Matthew Bouley – Barclays Zack Pacheco – Loop Capital Trevor Allison – Wolfe Research Mike Dahl – RBC Capital Markets Operator Ladies and gentlemen, thank you for standing by, and welcome to the JELD-WEN Third Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
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 -27.68% 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 -52.37% of loss for the given period.
Volatility was left at 4.85%, however, over the last 30 days, the volatility rate increased by 5.19%, as shares sank -34.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.97% lower at present.
During the last 5 trading sessions, JELD rose by +0.78%, which changed the moving average for the period of 200-days by -44.30% in comparison to the 20-day moving average, which settled at $12.92. In addition, JELD-WEN Holding Inc saw -45.13% 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 purchase 450,000 shares at the price of $10.06 back on Nov 05 ’24. After this action, Turtle Creek Asset Management now owns 11,751,912 shares of JELD-WEN Holding Inc, valued at $4,526,370 using the latest closing price.
Turtle Creek Asset Management, the 10% Owner of JELD-WEN Holding Inc, purchase 350,000 shares at $10.71 during a trade that took place back on Nov 06 ’24, which means that Turtle Creek Asset Management is holding 11,872,529 shares at $3,747,310 based on the most recent closing price.
Stock Fundamentals for JELD
Current profitability levels for the company are sitting at:
- -0.02 for the present operating margin
- 0.19 for the gross margin
The net margin for JELD-WEN Holding Inc stands at -0.04. The total capital return value is set at -0.03. Equity return is now at value -18.21, with -4.85 for asset returns.
Based on JELD-WEN Holding Inc (JELD), the company’s capital structure generated 0.63 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 1.68. The interest coverage ratio of the stock is -0.99.
Currently, EBITDA for the company is 320.02 million with net debt to EBITDA at 33.11. When we switch over and look at the enterprise to sales, we see a ratio of 0.51. The receivables turnover for the company is 7.93for trailing twelve months and the total asset turnover is 1.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.03.
Conclusion
To wrap up, the performance of JELD-WEN Holding Inc (JELD) has been bad in recent times. The stock has received a bullish of “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.
