Latest news with #JELD-WEN
Yahoo
5 days ago
- Business
- Yahoo
What To Expect From Quanex's (NX) Q1 Earnings
Building products company Quanex (NYSE:NX) will be announcing earnings results tomorrow after market hours. Here's what to expect. Quanex beat analysts' revenue expectations by 4.6% last quarter, reporting revenues of $400 million, up 67.3% year on year. It was an exceptional quarter for the company, with a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. Is Quanex a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Quanex's revenue to grow 64.7% year on year to $438.4 million, a reversal from the 2.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.47 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Quanex has missed Wall Street's revenue estimates twice over the last two years. Looking at Quanex's peers in the home construction materials segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Simpson delivered year-on-year revenue growth of 1.6%, beating analysts' expectations by 2%, and JELD-WEN reported a revenue decline of 19.1%, topping estimates by 0.8%. Simpson's stock price was unchanged after the resultswhile JELD-WEN was down 25.3%. Read our full analysis of Simpson's results here and JELD-WEN's results here. There has been positive sentiment among investors in the home construction materials segment, with share prices up 8.5% on average over the last month. Quanex is up 2.3% during the same time and is heading into earnings with an average analyst price target of $34.75 (compared to the current share price of $17.14). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
Yahoo
28-05-2025
- Business
- Yahoo
What To Expect From American Woodmark's (AMWD) Q1 Earnings
Cabinet manufacturing company American Woodmark (NASDAQ:AMWD) will be reporting results tomorrow before the bell. Here's what you need to know. American Woodmark missed analysts' revenue expectations by 3.3% last quarter, reporting revenues of $397.6 million, down 5.8% year on year. It was a disappointing quarter for the company, with full-year EBITDA guidance missing analysts' expectations significantly and a significant miss of analysts' adjusted operating income estimates. Is American Woodmark a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting American Woodmark's revenue to decline 5.4% year on year to $428.8 million, in line with the 5.8% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.44 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. American Woodmark has missed Wall Street's revenue estimates twice over the last two years. Looking at American Woodmark's peers in the home construction materials segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Simpson delivered year-on-year revenue growth of 1.6%, beating analysts' expectations by 2%, and JELD-WEN reported a revenue decline of 19.1%, topping estimates by 0.8%. Simpson's stock price was unchanged after the resultswhile JELD-WEN was down 25.3%. Read our full analysis of Simpson's results here and JELD-WEN's results here. There has been positive sentiment among investors in the home construction materials segment, with share prices up 10.8% on average over the last month. American Woodmark is down 2.2% during the same time and is heading into earnings with an average analyst price target of $76.33 (compared to the current share price of $57.77). Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Business
- Yahoo
Home Construction Materials Stocks Q1 Earnings: Simpson (NYSE:SSD) Best of the Bunch
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the home construction materials stocks, including Simpson (NYSE:SSD) and its peers. Traditionally, home construction materials companies have built economic moats with expertise in specialized areas, brand recognition, and strong relationships with contractors. More recently, advances to address labor availability and job site productivity have spurred innovation that is driving incremental demand. However, these companies are at the whim of residential construction volumes, which tend to be cyclical and can be impacted heavily by economic factors such as interest rates. Additionally, the costs of raw materials can be driven by a myriad of worldwide factors and greatly influence the profitability of home construction materials companies. The 10 home construction materials stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 0.6%. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 5.1% since the latest earnings results. Aiming to build safer and stronger buildings, Simpson (NYSE:SSD) designs and manufactures structural connectors, anchors, and other construction products. Simpson reported revenues of $538.9 million, up 1.6% year on year. This print exceeded analysts' expectations by 2%. Overall, it was an exceptional quarter for the company with a solid beat of analysts' EBITDA estimates and an impressive beat of analysts' EPS estimates. "Our first quarter net sales reflected modest growth over the prior year in a highly uncertain macroeconomic environment in both the U.S. and Europe," commented Mike Olosky, President and Chief Executive Officer of Simpson Manufacturing Co., The market was likely pricing in the results, and the stock is flat since reporting. It currently trades at $154.40. Is now the time to buy Simpson? Access our full analysis of the earnings results here, it's free. Founded in the 1960s as a general wood-making company, JELD-WEN (NYSE:JELD) manufactures doors, windows, and other related building products. JELD-WEN reported revenues of $776 million, down 19.1% year on year, outperforming analysts' expectations by 0.8%. The business had an exceptional quarter with a solid beat of analysts' organic revenue estimates and an impressive beat of analysts' adjusted operating income estimates. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 39.9% since reporting. It currently trades at $3.37. Is now the time to buy JELD-WEN? Access our full analysis of the earnings results here, it's free. Headquartered just outside of Detroit, MI, Masco (NYSE:MAS) designs and manufactures home-building products such as glass shower doors, decorative lighting, bathtubs, and faucets. Masco reported revenues of $1.80 billion, down 6.5% year on year, falling short of analysts' expectations by 2%. It was a disappointing quarter as it posted a significant miss of analysts' adjusted operating income estimates. The stock is flat since the results and currently trades at $61.79. Read our full analysis of Masco's results here. Initially in the defense industry, Griffon (NYSE:GFF) is a now diversified company specializing in home improvement, professional equipment, and building products. Griffon reported revenues of $611.7 million, down 9.1% year on year. This print missed analysts' expectations by 1%. Taking a step back, it was still a strong quarter as it logged an impressive beat of analysts' EBITDA estimates and a solid beat of analysts' EPS estimates. The stock is flat since reporting and currently trades at $67.20. Read our full, actionable report on Griffon here, it's free. Credited with introducing the first variable-speed pool pump, Hayward (NYSE:HAYW) makes residential and commercial pool equipment and accessories. Hayward reported revenues of $228.8 million, up 7.7% year on year. This result surpassed analysts' expectations by 7.1%. Overall, it was an exceptional quarter as it also recorded an impressive beat of analysts' organic revenue and EBITDA estimates. Hayward delivered the biggest analyst estimates beat among its peers. The stock is up 2.1% since reporting and currently trades at $13.61. Read our full, actionable report on Hayward here, it's free. In response to the Fed's rate hikes in 2022 and 2023, inflation has been gradually trending down from its post-pandemic peak, trending closer to the Fed's 2% target. Despite higher borrowing costs, the economy has avoided flashing recessionary signals. This is the much-desired soft landing that many investors hoped for. The recent rate cuts (0.5% in September and 0.25% in November 2024) have bolstered the stock market, making 2024 a strong year for equities. Donald Trump's presidential win in November sparked additional market gains, sending indices to record highs in the days following his victory. However, debates continue over possible tariffs and corporate tax adjustments, raising questions about economic stability in 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Yahoo
05-05-2025
- Business
- Yahoo
JELD-WEN (NYSE:JELD) Beats Q1 Sales Targets But Stock Drops
Building products manufacturer JELD-WEN (NYSE:JELD) reported Q1 CY2025 results exceeding the market's revenue expectations , but sales fell by 19.1% year on year to $776 million. Its non-GAAP loss of $0.17 per share was 10.2% above analysts' consensus estimates. Is now the time to buy JELD-WEN? Find out in our full research report. Revenue: $776 million vs analyst estimates of $769.6 million (19.1% year-on-year decline, 0.8% beat) Adjusted EPS: -$0.17 vs analyst estimates of -$0.19 (10.2% beat) Adjusted EBITDA: $21.9 million vs analyst estimates of $20.76 million (2.8% margin, 5.5% beat) Operating Margin: -22.1%, down from -3% in the same quarter last year Free Cash Flow was -$120.3 million compared to -$45.7 million in the same quarter last year Organic Revenue fell 15% year on year (-13.5% in the same quarter last year) Market Capitalization: $492.6 million "While market conditions remained very challenging during the first quarter, they developed mostly as expected," said Chief Executive Officer William J. Christensen. Founded in the 1960s as a general wood-making company, JELD-WEN (NYSE:JELD) manufactures doors, windows, and other related building products. Reviewing a company's long-term sales performance reveals insights into its quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. JELD-WEN's demand was weak over the last five years as its sales fell at a 3.3% annual rate. This was below our standards and suggests it's a low quality business. Long-term growth is the most important, but within industrials, a half-decade historical view may miss new industry trends or demand cycles. JELD-WEN's recent performance shows its demand remained suppressed as its revenue has declined by 11.4% annually over the last two years. We can better understand the company's sales dynamics by analyzing its organic revenue, which strips out one-time events like acquisitions and currency fluctuations that don't accurately reflect its fundamentals. Over the last two years, JELD-WEN's organic revenue averaged 12% year-on-year declines. Because this number aligns with its normal revenue growth, we can see the company's core operations (not acquisitions and divestitures) drove most of its results. This quarter, JELD-WEN's revenue fell by 19.1% year on year to $776 million but beat Wall Street's estimates by 0.8%. Looking ahead, sell-side analysts expect revenue to decline by 7.3% over the next 12 months. Although this projection is better than its two-year trend, it's hard to get excited about a company that is struggling with demand. Software is eating the world and there is virtually no industry left that has been untouched by it. That drives increasing demand for tools helping software developers do their jobs, whether it be monitoring critical cloud infrastructure, integrating audio and video functionality, or ensuring smooth content streaming. Click here to access a free report on our 3 favorite stocks to play this generational megatrend. Operating margin is an important measure of profitability as it shows the portion of revenue left after accounting for all core expenses – everything from the cost of goods sold to advertising and wages. It's also useful for comparing profitability across companies with different levels of debt and tax rates because it excludes interest and taxes. JELD-WEN was profitable over the last five years but held back by its large cost base. Its average operating margin of 1.6% was weak for an industrials business. This result isn't too surprising given its low gross margin as a starting point. Analyzing the trend in its profitability, JELD-WEN's operating margin decreased by 12.5 percentage points over the last five years. JELD-WEN's performance was poor no matter how you look at it - it shows that costs were rising and it couldn't pass them onto its customers. In Q1, JELD-WEN generated an operating profit margin of negative 22.1%, down 19.2 percentage points year on year. Since JELD-WEN's operating margin decreased more than its gross margin, we can assume it was less efficient because expenses such as marketing, R&D, and administrative overhead increased. We track the long-term change in earnings per share (EPS) for the same reason as long-term revenue growth. Compared to revenue, however, EPS highlights whether a company's growth is profitable. Sadly for JELD-WEN, its EPS declined by 18% annually over the last five years, more than its revenue. This tells us the company struggled because its fixed cost base made it difficult to adjust to shrinking demand. Diving into the nuances of JELD-WEN's earnings can give us a better understanding of its performance. As we mentioned earlier, JELD-WEN's operating margin declined by 12.5 percentage points over the last five years. This was the most relevant factor (aside from the revenue impact) behind its lower earnings; taxes and interest expenses can also affect EPS but don't tell us as much about a company's fundamentals. Like with revenue, we analyze EPS over a more recent period because it can provide insight into an emerging theme or development for the business. For JELD-WEN, its two-year annual EPS declines of 49.7% show it's continued to underperform. These results were bad no matter how you slice the data. In Q1, JELD-WEN reported EPS at negative $0.17, down from $0.21 in the same quarter last year. Despite falling year on year, this print easily cleared analysts' estimates. Over the next 12 months, Wall Street expects JELD-WEN's full-year EPS of $0.40 to grow 51.9%. We were impressed by how significantly JELD-WEN blew past analysts' organic revenue expectations this quarter. We were also glad its EPS and EBITDA outperformed Wall Street's estimates. Zooming out, we think this quarter featured some important positives, but shares traded down 6.3% to $5.25 immediately after reporting. Is JELD-WEN an attractive investment opportunity right now? When making that decision, it's important to consider its valuation, business qualities, as well as what has happened in the latest quarter. We cover that in our actionable full research report which you can read here, it's free.
Yahoo
23-04-2025
- Business
- Yahoo
Should You Consider Adding JELD-WEN (JELD) to Your Portfolio?
Miller Value Partners, an investment management company, released its 'Deep Value Strategy' first-quarter 2025 investor letter. A copy of the letter can be downloaded here. The year 2025 has been unpredictable. After setting new highs in mid-February, the market saw a double-digit decline towards the end of the quarter, capping off a strong start to the year. As the administration implemented global tariffs, sentiment swiftly deteriorated due to growing economic uncertainty. In the quarter, the Deep Value Select strategy had a -12.8% drawdown compared to -.2% return for the S&P 1500 Value Index and -9.9% return for the S&P 600 Value Index. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Miller Value Deep Value Strategy highlighted stocks such as JELD-WEN Holding, Inc. (NYSE:JELD). JELD-WEN Holding, Inc. (NYSE:JELD) engages in the design, manufacture, and sale of wood, metal, and composite materials doors, windows, and related building products. The one-month return of JELD-WEN Holding, Inc. (NYSE:JELD) was -15.55%, and its shares lost 72.55% of their value over the last 52 weeks. On April 22, 2025, JELD-WEN Holding, Inc. (NYSE:JELD) stock closed at $5.16 per share with a market capitalization of $440.486 million. Miller Value Deep Value Strategy stated the following regarding JELD-WEN Holding, Inc. (NYSE:JELD) in its Q1 2025 investor letter: "During the quarter, we made a new investment in an attractively priced building supplier. JELD-WEN Holding, Inc. (NYSE:JELD) is a leading North American. and European manufacturer and distributor of interior and exterior doors and windows to new construction and remodeling sectors. JELD-WEN share price has been under significant pressure, 73% below its 52-week high as the company has experienced revenue and profit weakness. The company is undertaking a multi-year transformation bringing in automation and system enhancements to enhance their manufacturing and warehouse footprint. Since 2023, new senior management has removed $350M from their cost structure and management expects $100M/year in further productivity savings. As they rationalize their infrastructure over the next five years there is significant capital efficiency improvement potential. In addition, like our investments in Quad Graphics (QUAD) and United Natural Foods (UNFI), JELD-WEN owns real estate, which provides significant margin of safety for the transformation plan. While the company expects margins and profits at historical trough levels in the early part of 2025, a new cost reduction program should support margin and profit improvement later in the year. Near-term risk is a weaker housing and remodeling marketplace, causing greater near-term revenue weakness and a slower recovery in company margins. Long-term positive supply and demand dynamics (favorable demographics and limited supply) should shorten the current downturn. In addition, there was a recent market transaction that bolsters our view JELD-WEN's significant embedded value proposition. Owens Corning acquired Masonite International (interior/exterior doors) in May 2024 at 8.6x EV/EBITDA. JELD WEN should be a beneficiary of any housing recovery with 25-30% incremental margins on a future volume improvement. Long-term upside potential from their transformation plan supports the goal of achieving double digit normalized EBITDA margins and could realistically support a share price multiples the current price level." A closeup of a residential wooden door, showcasing its elegant craftsmanship. JELD-WEN Holding, Inc. (NYSE:JELD) is not on our list of 30 Most Popular Stocks Among Hedge Funds. Our database shows that 18 hedge fund portfolios held JELD-WEN Holding, Inc. (NYSE:JELD) at the end of the fourth quarter, compared to 13 in the third quarter. While we acknowledge the potential of JELD-WEN Holding, Inc. (NYSE:JELD) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered JELD-WEN Holding, Inc. (NYSE:JELD) and shared the list of worst-performing construction stocks. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
