The price of JELD-WEN Holding Inc. (NYSE:JELD) shares last traded on Wall Street unchanged to $15.56.
JELD stock price is now -16.34% away from the 50-day moving average and -6.35% away from the 200-day moving average. The market capitalization of the company currently stands at $1.34B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target of $22, Loop Capital recently initiated with Hold rating for JELD-WEN Holding Inc. (NYSE: JELD). , while ‘JP Morgan’ rates the stock as ‘Neutral’
In other news, Turtle Creek Asset Management , 10% Owner sold 54,000 shares of the company’s stock on Feb 12 ’24. The stock was sold for $1,071,106 at an average price of $19.84. Upon completion of the transaction, the 10% Owner now directly owns 760,463 shares in the company, valued at $11.83 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 09 ’24, 10% Owner Turtle Creek Asset Management sold 53,000 shares of the business’s stock. A total of $1,036,150 was realized by selling the stock at an average price of $19.55. This leaves the insider owning 814,463 shares of the company worth $12.67 million. A total of 3.14% of the company’s stock is owned by insiders.
During the past 12 months, JELD-WEN Holding Inc. has had a low of $11.02 and a high of $21.75. As of last week, the company has a debt-to-equity ratio of 1.69, a current ratio of 2.08, and a quick ratio of 1.39. According to the stock market information, the enterprise value for the company is $2470912768, which is based on a 45.34 price-to-earnings ratio, a 26.67 price-to-earnings-growth ratio, and a beta of 2.31. The fifty day moving average price for JELD is $18.5388 and a two-hundred day moving average price translates $16.6117 for the stock.
The latest earnings results from JELD-WEN Holding Inc. (NYSE: JELD) was released for 2024-03-30. The net profit margin was 0.72% and return on equity was -1.40% for JELD. The company reported revenue of $959.13 million for the quarter, compared to $1.08 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -11.23 percent.
