Goldman Sachs analyst Susan Maklari maintains $JELD-WEN Holding (JELD.US)$ with a hold rating, and adjusts the target price from $17 to $10.
According to TipRanks data, the analyst has a success rate of 54.8% and a total average return of 2.6% over the past year.
Furthermore, according to the comprehensive report, the opinions of $JELD-WEN Holding (JELD.US)$'s main analysts recently are as follows:
The company is confronted with a variety of challenges including a weakening in end markets, significant pressure on product mix, and the impact of losing a customer, as noted by an analyst.
The company experienced an underwhelming Q3 and has reduced its future guidance, which has led to a notable decline in its stock value. Jeld-Wen's performance continues to be subpar amidst ongoing challenges in the Repair & Remodeling sector, where it is losing market share and facing difficulties that overshadow the gains from its current restructuring initiatives.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
