While JELD-WEN Holding Inc. has underperformed by -1.48%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, JELD rose by 60.33%, with highs and lows ranging from $21.62 to $10.96, whereas the simple moving average jumped by 24.95% in the last 200 days.
On February 15, 2024, Loop Capital started tracking JELD-WEN Holding Inc. (NYSE: JELD) recommending Hold. A report published by Oppenheimer on January 19, 2024, Initiated its previous ‘Perform’ rating for JELD. JP Morgan also Upgraded JELD shares as ‘Neutral’, setting a target price of $9.50 on the company’s shares in a report dated December 20, 2022. Credit Suisse October 14, 2022d its ‘Outperform’ rating to ‘Neutral’ for JELD, as published in its report on October 14, 2022. Deutsche Bank’s report from August 18, 2022 suggests a price prediction of $15 for JELD shares, giving the stock a ‘Hold’ rating. Stifel also rated the stock as ‘Hold’.
Analysis of JELD-WEN Holding Inc. (JELD)
Further, the quarter-over-quarter decrease in sales is -23.31%, showing a negative trend in the upcoming months.
One of the most important indicators of JELD-WEN Holding Inc.’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 4.06% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.49, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and JELD is recording 473.04K average volume. On a monthly basis, the volatility of the stock is set at 2.86%, whereas on a weekly basis, it is put at 3.09%, with a loss of -0.05% over the past seven days. Furthermore, long-term investors anticipate a median target price of $19.88, showing decline from the present price of $20.57, which can serve as yet another indication of whether JELD is worth investing in or should be passed over.
How Do You Analyze JELD-WEN Holding Inc. Shares?
The Building Products & Equipment market is dominated by JELD-WEN Holding Inc. (JELD) based in the USA. When comparing JELD-WEN Holding Inc. shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 24.34, there is a growth in quarterly earnings of -172.15%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 3.09%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 97.19% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
JELD shares are owned by institutional investors to the tune of 97.19% at present.
