JELD

Earnings Release Announcement: JELD-WEN Holding, Inc. will release its first quarter 2025 results on May 5, 2025, and hold a conference call on May 6, 2025, at 8 a.m. EST to discuss the results.

Company Overview: JELD-WEN is a global manufacturer of building products, operating in 14 countries with approximately 16,000 employees, specializing in high-performance doors, windows, and related products for construction and remodeling sectors.

Vanguard Industrials ETF Analysis: The Vanguard Industrials ETF (VIS) has an implied analyst target price of $293.89 per unit, indicating a potential upside of 17.94% from its current trading price of $249.18.

Individual Holdings Performance: Notable underlying holdings such as NuScale Power Corp, Driven Brands Holdings Inc, and JELD-WEN Holding Inc show significant upside potential based on analyst targets, raising questions about the validity of these projections amidst market conditions.

Insider Trading Activity: David G. Nord, a director at $JELD, purchased 20,000 shares for approximately $119,166, increasing his holdings by 100% to a total of 40,000 shares; all recent insider trades in the past six months have been purchases with no sales reported.

Institutional Investor Movements: In the last quarter, 95 institutional investors increased their positions in $JELD stock while 112 reduced theirs, indicating mixed sentiment among institutional stakeholders.

Analyst Ratings and Price Targets: Truist Financial analyst Keith Hughes maintained a Hold rating on JELD-WEN with a price target of $7.00, while Barclays also kept a Hold rating with a $6.00 target; the current consensus suggests a potential upside from the stock's recent closing price of $5.80.

Insider Activity and Sentiment: Recent insider activity indicates positive sentiment towards JELD-WEN, with 43 insiders showing increased buying behavior, including a significant purchase by Turtle Creek Asset Management of 75,000 shares valued at $634,500.

Analyst Ratings Overview: JELD-WEN Holding has received mixed analyst ratings, with a total of 9 analysts evaluating the company, resulting in 7 indifferent and 2 somewhat bearish ratings over the last month. The average price target has decreased to $7.5, reflecting a decline from previous estimates.

Financial Performance Challenges: The company is facing significant financial challenges, including a negative revenue trend with a -12.27% growth rate, low profitability indicated by a net margin of -7.64%, and high debt levels with a debt-to-equity ratio of 2.13, suggesting potential financial strain.

Analyst Downgrade: Barclays analyst Matthew Bouley has reduced the price target for Jeld-Wen (JELD) from $9 to $6, maintaining an Equal Weight rating due to significant volume and mix weaknesses, share loss, and cost pressures affecting the company's fiscal 2025 outlook.

Market Context: Other analysts have also lowered their price targets for Jeld-Wen, indicating a broader consensus on the challenges facing the company, including its recent financial results and strategic efforts.

Analyst Ratings Overview: Analysts have assigned neutral ratings to Ryerson Holdings, Archer Aviation, and JELD-WEN, indicating a lack of strong bullish or bearish sentiment towards these stocks.

Price Targets and Performance: Ryerson Holdings has a Hold rating with a price target of $23.00, Archer Aviation also holds a Hold rating with a target of $9.00, and JELD-WEN maintains a Hold rating with a price target of $6.00, reflecting cautious outlooks across the board.

Earnings Release: JELD-WEN HOLDING is set to announce its quarterly earnings on February 17th, with analysts predicting revenue of approximately $879 million and a loss of $0.06 per share.

Insider Trading Activity: In the past six months, JELD-WEN insiders have made 35 stock purchases without any sales, while institutional investors have shown mixed activity, with 95 adding shares and 112 reducing their positions recently.

Recent Performance: JELD-WEN Holding's share price has increased by 17% in the last month, but it remains down 60% over the past five years, indicating ongoing concerns about the company's long-term performance despite recent gains.

Investment Caution: Investors are advised to be cautious as JELD-WEN Holding has seen a significant decline in earnings per share (EPS) and overall market performance, with shareholders experiencing a total loss of 10% per year over the last five years.

JELD-WEN Completes Divestiture: JELD-WEN Holding, Inc. has finalized the sale of its Towanda, Pennsylvania business to Woodgrain Inc. for $115 million as part of a court-ordered divestiture.

Company Overview: JELD-WEN is a global manufacturer of building products, operating in 15 countries and employing around 18,000 associates, focusing on high-performance doors, windows, and related products.

Earnings Release Announcement: JELD-WEN Holding, Inc. will release its fourth quarter 2024 results on February 17, 2025, followed by a conference call on February 18, 2025, at 8 a.m. EST for discussion of the results.

Company Overview: JELD-WEN is a global manufacturer of building products, specializing in high-performance doors and windows, with operations in 15 countries and approximately 18,000 employees.

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Divestiture Announcement: JELD-WEN has agreed to sell its Towanda, Pennsylvania business to Woodgrain Inc. for approximately $115 million as part of a court-ordered divestiture, with the transaction expected to close by December 31, 2024.

Financial Impact and Future Outlook: The sale is projected to result in an annual revenue reduction of $150 million to $200 million and an EBITDA decrease of $25 million to $50 million, while JELD-WEN remains committed to transforming its operations for long-term success.

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Community Engagement: Over 10,000 serious traders are part of the Benzinga Pro community, benefiting from exclusive stories and alerts generated by Benzinga reporters.

Real-time Intelligence: Benzinga Pro offers traders the fastest and most accurate stock market intelligence, helping them make informed decisions daily.

Community Engagement: Over 10,000 serious traders are part of the Benzinga Pro community, benefiting from exclusive stories and alerts generated by Benzinga reporters.

U.S. Stock Market Update: U.S. stock futures are slightly higher, with Dow futures up about 0.1%, while several companies, including Celanese Corporation and Navitas Semiconductor, reported disappointing earnings leading to significant pre-market declines in their stock prices.

Notable Stock Declines: Celanese shares dropped 15.8% after missing earnings estimates and announcing a dividend cut; other companies like JELD-WEN and Lattice Semiconductor also saw substantial declines following weak quarterly results and lowered forecasts.

Financial Performance Decline: JELD-WEN Holding, Inc. reported a significant financial downturn in Q3 2024, with net revenues dropping 13.2% to $934.7 million and a net loss from continuing operations of $73.0 million, largely due to lower sales volume and increased costs, including a substantial goodwill impairment charge.

Segment Challenges and Adjusted Guidance: Both North America and Europe experienced revenue declines, with North America down 14.2% and Europe down 10.4%. The company has revised its full-year 2024 guidance, lowering revenue expectations to between $3.7 billion and $3.75 billion, reflecting ongoing market challenges.

iShares U.S. Home Construction ETF Analysis: The iShares U.S. Home Construction ETF (ITB) has an implied analyst target price of $131.18, indicating an 11.41% upside from its current trading price of $117.74.

Individual Stock Upside Potential: Notable underlying holdings such as Beacon Roofing Supply Inc, AZEK Co Inc, and JELD-WEN Holding Inc show significant potential for growth, with expected price increases of 15.74%, 12.01%, and 11.64% respectively based on analyst targets.

McDonald's E. coli Outbreak Impact: McDonald's is facing a stock decline following an E. coli outbreak linked to its Quarter Pounder hamburger, resulting in hospitalizations and one death. The company has temporarily removed slivered onions from its supply and halted the burger's sale in several states.

Analysts' Reactions and Future Outlook: While some analysts view this incident as a contained issue similar to Wendy's 2022 outbreak, others express concern over potential long-term impacts on consumer sentiment and sales. Despite the immediate drop, some analysts see this as a buying opportunity, citing historical recoveries of similar fast-food chains after food safety incidents.

Impact on Florida Housing Market: Hurricane Milton is expected to cause a financial hit of $1.7 billion to $2.5 billion to Florida's homebuilding sector, with significant delays anticipated for major builders like D.R. Horton and Lennar in the affected regions of Orlando and Tampa.

Building Products Demand: The demand for building materials such as roofing and flooring is expected to be muted but prolonged, with temporary spikes in activity due to short-term repair needs, while overall product volumes are not anticipated to rise significantly.