With 1.14 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.0 million shares. The 52-week range on JELD shows that it touched its highest point at $17.70 and its lowest point at $3.73 during that stretch. It currently has a 1-year price target of $4.19. Beta for the stock currently stands at 1.70.
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 -4.73%, but this was down by -20.67% over a month. Three-month performance dropped to -54.15% while six-month performance fell -62.16%. The stock lost -73.31% in the past year, while it has lost -50.79% so far this year. A look at the trailing 12-month EPS for JELD yields -4.13 with Next year EPS estimates of 0.33. For the next quarter, that number is -0.05. This implies an EPS growth rate of -110.15% for this year and 516.14% for next year.
Float and Shares Shorts:
At present, 85.22 million JELD shares are outstanding with a float of 83.07 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 $0.15 and the low estimate is -$0.03. The average estimate for the next quarter is thus $0.08.
