While JELD-WEN Holding Inc has underperformed by -3.31%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, JELD fell by -54.97%, with highs and lows ranging from $21.75 to $8.65, whereas the simple moving average fell by -43.73% 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’.
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Analysis of JELD-WEN Holding Inc (JELD)
Further, the quarter-over-quarter decrease in sales is -13.21%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of JELD-WEN Holding Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -18.21% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.33, 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.
As an indicator of volatility for any stock, average volume can also be very valuable, and JELD is recording an average volume of 728.53K. On a monthly basis, the volatility of the stock is set at 4.01%, whereas on a weekly basis, it is put at 6.48%, with a loss of -19.24% over the past seven days. Furthermore, long-term investors anticipate a median target price of $12.10, showing growth from the present price of $8.48, 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?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. 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 1.87%. 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 99.45% 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 99.45% at present.