Stock Market Recap: JELD-WEN Holding Inc. (JELD) Concludes at 19.04, a -5.08 Surge/Decline

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After finishing at $20.06 in the prior trading day, JELD-WEN Holding Inc. (NYSE: JELD) closed at $19.04, down -5.08%. In other words, the price has decreased by -$5.08 from its previous closing price. On the day, 1.04 million shares were traded. JELD stock price reached its highest trading level at $20.2 during the session, while it also had its lowest trading level at $19.0.

Ratios:

Our goal is to gain a better understanding of JELD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.51. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 2.20. In the meantime, Its Debt-to-Equity ratio is 1.62 whereas as Long-Term Debt/Eq ratio is at 1.54.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Loop Capital on February 15, 2024, initiated with a Hold rating and assigned the stock a target price of $22.

JP Morgan Upgraded its Underweight to Neutral on December 20, 2022, while the target price for the stock was maintained at $9.50.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 12 ’24 when Turtle Creek Asset Management sold 54,000 shares for $19.84 per share. The transaction valued at 1,071,106 led to the insider holds 760,463 shares of the business.

Turtle Creek Asset Management sold 53,000 shares of JELD for $1,036,150 on Feb 09 ’24. The 10% Owner now owns 814,463 shares after completing the transaction at $19.55 per share. On May 17 ’23, another insider, Craven Timothy, who serves as the EVP, Human Resources of the company, sold 3,852 shares for $14.52 each. As a result, the insider received 55,927 and left with 44,038 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JELD now has a Market Capitalization of 1724641408 and an Enterprise Value of 2721731328. As of this moment, JELD-WEN’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.53, and their Forward P/E ratio for the next fiscal year is 9.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 13.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 1.91. Its current Enterprise Value per Revenue stands at 0.632 whereas that against EBITDA is 8.99.

Stock Price History:

Over the past 52 weeks, JELD has reached a high of $21.75, while it has fallen to a 52-week low of $11.02. The 50-Day Moving Average of the stock is -1.89%, while the 200-Day Moving Average is calculated to be 13.49%.

Shares Statistics:

The stock has traded on average 621.61K shares per day over the past 3-months and 1088240 shares per day over the last 10 days, according to various share statistics. A total of 85.31M shares are outstanding, with a floating share count of 82.88M. Insiders hold about 3.14% of the company’s shares, while institutions hold 98.54% stake in the company. Shares short for JELD as of 1713139200 were 2350782 with a Short Ratio of 3.78, compared to 1710460800 on 2543222. Therefore, it implies a Short% of Shares Outstanding of 2350782 and a Short% of Float of 5.2199997.

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