With 1.23 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.83 million shares. The 52-week range on JELD shows that it touched its highest point at $21.75 and its lowest point at $5.62 during that stretch. It currently has a 1-year price target of $7.33. Beta for the stock currently stands at 2.22.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of JELD was down-trending over the past week, with a drop of -12.61%, but this was down by -38.65% over a month. Three-month performance dropped to -42.31% while six-month performance fell -57.13%. The stock lost -67.48% in the past year, while it has lost -28.08% so far this year. A look at the trailing 12-month EPS for JELD yields -2.21 with Next year EPS estimates of 0.88. For the next quarter, that number is -0.19. This implies an EPS growth rate of -38.97% for this year and 83.86% for next year.
Float and Shares Shorts:
At present, 84.65 million JELD shares are outstanding with a float of 82.99 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for JELD since 10 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.83487 being high and $0.78517 being low. For JELD, this leads to a yearly average estimate of $0.80505. Based on analyst estimates, the high estimate for the next quarter is $0.24 and the low estimate is $0.11. The average estimate for the next quarter is thus $0.17.
