Media coverage about PGT Innovations (NYSE:PGTI) has trended somewhat positive recently, according to Accern. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. PGT Innovations earned a news impact score of 0.17 on Accern’s scale. Accern also gave media headlines about the construction company an impact score of 45.5847390780255 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
PGT Innovations (PGTI) opened at $17.05 on Friday. The stock has a market capitalization of $845.47, a PE ratio of 37.07, a price-to-earnings-growth ratio of 1.42 and a beta of 1.21. The company has a debt-to-equity ratio of 1.50, a current ratio of 3.67 and a quick ratio of 2.71. PGT Innovations has a 12-month low of $10.00 and a 12-month high of $17.60.
PGT Innovations (NYSE:PGTI) last posted its quarterly earnings data on Thursday, November 2nd. The construction company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.03). The company had revenue of $126.90 million during the quarter, compared to the consensus estimate of $129.82 million. PGT Innovations had a return on equity of 19.02% and a net margin of 4.87%. The firm’s quarterly revenue was down 2.2% compared to the same quarter last year. During the same period last year, the business earned $0.19 EPS. equities analysts anticipate that PGT Innovations will post 0.56 EPS for the current fiscal year.
A number of brokerages recently commented on PGTI. B. Riley restated a “buy” rating on shares of PGT Innovations in a report on Wednesday, November 1st. Dougherty & Co upgraded PGT Innovations from a “neutral” rating to a “buy” rating in a report on Friday, November 3rd. KeyCorp reiterated a “hold” rating on shares of PGT Innovations in a report on Tuesday, September 26th. BidaskClub raised PGT Innovations from a “hold” rating to a “buy” rating in a research note on Tuesday, October 3rd. Finally, Royal Bank of Canada reissued a “buy” rating on shares of PGT Innovations in a research note on Thursday, November 30th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $16.67.
In other PGT Innovations news, Director William J. Morgan sold 41,395 shares of PGT Innovations stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $15.71, for a total value of $650,315.45. Following the sale, the director now owns 75,508 shares of the company’s stock, valued at approximately $1,186,230.68. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Richard D. Feintuch sold 50,000 shares of PGT Innovations stock in a transaction that occurred on Wednesday, November 22nd. The stock was sold at an average price of $16.05, for a total value of $802,500.00. Following the completion of the transaction, the director now owns 75,508 shares of the company’s stock, valued at approximately $1,211,903.40. The disclosure for this sale can be found here. 6.10% of the stock is currently owned by company insiders.
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About PGT Innovations
PGT Innovations, Inc, formerly PGT, Inc, is a manufacturer of impact-resistant windows and doors. The Company’s brands include CGI, PGT Windows + Doors and WinDoor. CGI serves residential and commercial markets in both new and existing construction. CGI manufacturing and delivery facilities are based in Miami, Florida.
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