Shares of JELD-WEN Holding, Inc. (NYSE:JELD) recorded 5.29% gain during trading session on November 8th, 2018. The script traded as low as $16.77 and last traded at $17.90. 2.03 million shares changed exchanged hands during trading, a drop of -217353.9% from the 30-day average session volume of 934.88K shares. The firm had previously closed at $17.00. The company has $104.93M outstanding shares, a price-to-earnings ratio of 14.76, price-to-earnings-growth ratio of 0.46. The company has a RSI of 42.90, ATR of 1.00 and a volatility of 5.49% this week. JELD has a 52 week low price of $15.04 and a 52 week high price of $42.27.
Investors have identified the tech company JELD-WEN Holding, Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 1.88B, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
JELD-WEN Holding, Inc. (JELD) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For JELD, the company has in raw cash 151.88 million on their books with 755.96 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 0 total, with 134.99 million as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
JELD were able to record 0 as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 19.27 million. In cash movements, the company had a total of 0 as operating cash flow.
Potential earnings growth for JELD-WEN Holding, Inc. (JELD)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, JELD-WEN Holding, Inc. recorded a total of 1.14 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.13% coming in sequential stages and their sales for the third quarter reducing by -0.03%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 895.16 million trying to sell their products during the last quarter, with the result yielding a gross income of 241.79 million. This allows shareholders to hold on to 104.93M with the revenue now reading 28879000 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.34 cents a share).
Is the stock of JELD attractive?
Having a look at the company’s valuation, the company is expected to record 2.02 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on JELD sounds very interesting.
In related news, EVP & President, Europe Maxwell Peter sold 4,982 shares of the company’s stock in a transaction that recorded on September 18th, 2018. The sale was performed at an average price of 26.16, for a total value of 130,349. As the sale deal closes, the Vice Chairman Maxwell Peter now sold 30,000 shares of the company’s stock, valued at 964,995. Also, Director Tolbert Patrick Wright bought 1,200 shares of the company’s stock in a deal that was recorded on February 28th, 2018. The shares were bought at an average price of 30.85 per share, with a total market value of 1,200. Following this completion of acquisition, the Director now holds 1,660 shares of the company’s stock, valued at 51,286. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
1 out of 16 analysts covering the stock have rated it a Buy, while 9 have maintained a Hold recommendation on JELD-WEN Holding, Inc. stock. 0 analysts has assigned a Sell rating on the JELD stock. The 12-month mean consensus price target for the company’s shares has been set at $22.71.