Over the past 52 weeks JELD-WEN Holding, Inc. (NYSE:JELD) has embarked on a drop that has seen it decline -59.04% and is now up by 15.2% since start of this year. The equity price rose 4.73% this week, a trend that has led to both investors and traders taking note of the stock. A look at its monthly performance shows that the stock has recorded a 6.64% gain over the past 30 days. Its equity price dipped by -27.47% over the past three months which led to its overall six-month decrease to stand at -43.59%.
Experts from research firms are bullish about the near-term performance of JELD-WEN Holding, Inc. with most of them predicting a $19.36 price target on a short-term (12 months) basis. The average price target by the analysts will see a 18.27% rise in the stock and would lead to JELD’s market cap to surge to $2B. The stock has been rated an average 2.7, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 16 analysts that track JELD-WEN Holding, Inc. (NYSE:JELD) and find out that 9 of them rated it as a Hold. 6 of the 7 analysts rated it as a Buy or a Strong Buy while 1 advised investors to desist from buying the stock or sell it if they already possess it.
A look at JELD technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 58.1 point. Its trading volume has added 627918 shares compared to readings over the past three months as it recently exchanged 1609878 shares. This means there is improved activity from short-term traders as per session, its average trading volume is 981960 shares, and this is 1.64 times the normal volume.
Analysts have predicted a price target for Extended Stay America, Inc. (STAY) for 1 year and it stands at an average $21.29/share. This means that it would likely increase by 29.66% from its current position. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $18. On the other hand, one analyst is super bullish about the price, setting a target as high as $25.
The STAY stock Stochastic Oscillator (%D) is at 91.48%, which means that it is currently overbought and its prices could dip very soon. The shares P/S ratio stands at 2.39. The stock currently has an estimated price-earnings (P/E) multiple of 14.79, which is lower than the 29.27 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 32.9% over the past five years.