Should I buy or sell PGT Innovations stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PGT Innovations in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PGTI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PGTI, but not buy additional shares or sell existing shares. View PGTI analyst ratings or view top-rated stocks .

What is PGT Innovations' stock price target for 2024?

3 Wall Street analysts have issued twelve-month price targets for PGT Innovations' shares. Their PGTI share price targets range from $37.00 to $42.00. On average, they predict the company's share price to reach $38.67 in the next year. This suggests that the stock has a possible downside of 7.9%. View analysts price targets for PGTI or view top-rated stocks among Wall Street analysts .

How have PGTI shares performed in 2024?

PGT Innovations' stock was trading at $40.70 on January 1st, 2024. Since then, PGTI stock has increased by 3.2% and is now trading at $41.99. View the best growth stocks for 2024 here .

Are investors shorting PGT Innovations?

PGT Innovations saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 108,200 shares, a drop of 94.8% from the March 15th total of 2,100,000 shares. Based on an average daily volume of 472,500 shares, the days-to-cover ratio is presently 0.2 days. View PGT Innovations' Short Interest .

When is PGT Innovations' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our PGTI earnings forecast .

How were PGT Innovations' earnings last quarter?

PGT Innovations, Inc. (NYSE:PGTI) announced its quarterly earnings data on Tuesday, February, 20th. The construction company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.36 by $0.11. The construction company earned $342.50 million during the quarter, compared to the consensus estimate of $339.15 million. PGT Innovations had a net margin of 7.25% and a trailing twelve-month return on equity of 18.46%. The company's quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.28 EPS.

What ETFs hold PGT Innovations' stock?

ETFs with the largest weight of PGT Innovations (NYSE:PGTI) stock in their portfolio include AltShares Event-Driven ET (EVNT) and AltShares Merger Arbitrage ETF (ARB) . Harbor Corporate Culture Small Cap ETF (HAPS) .

What other stocks do shareholders of PGT Innovations own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PGT Innovations investors own include Advanced Micro Devices (AMD) , InterDigital (IDCC) , NVIDIA (NVDA) , Micron Technology (MU) , STAG Industrial (STAG) , Align Technology (ALGN) , Bank of Hawaii (BOH) , AbbVie (ABBV) , Adobe (ADBE) and Alibaba Group (BABA) .

How do I buy shares of PGT Innovations?

Shares of PGTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:PGTI

PGT Innovations (PGTI) Stock Price, News & Analysis

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$41.99

0.00 (0.00%)

(As of 03/28/2024)

Compare

Today's Range: $41.99
▼
$41.99
50-Day Range: $41.32
▼
$42.00
52-Week Range: $22.66
▼
$42.00

Volume: N/A
Average Volume: 1.18 million shs
Market Capitalization: $2.40 billion

P/E Ratio: 23.07
Dividend Yield: N/A
Price Target: $38.67

Get PGT Innovations alerts:

PGT Innovations MarketRank™ Stock Analysis

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 7.9% Downside
$38.67 Price Target
Short Interest: Healthy
0.19% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -2.13
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 14.52%
From $2.48 to $2.84 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.56 out of 5 stars

Construction Sector

68th out of 100 stocks

Metal Doors, Sash, & Trim Industry

2nd out of 3 stocks

1.2

Analyst's Opinion

Consensus Rating
PGT Innovations has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
PGT Innovations has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.19% of the outstanding shares of PGT Innovations have been sold short.
Short Interest Ratio / Days to Cover
PGT Innovations has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in PGT Innovations has recently decreased by 94.85%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
PGT Innovations does not currently pay a dividend.
Dividend Growth
PGT Innovations does not have a long track record of dividend growth.

2.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
PGT Innovations has received a 4.57% net impact score from Upright. PGT Innovations seems to create the most significant positive value in categories "Taxes", "Jobs", and "Societal infrastructure". The positive contribution in the "Societal infrastructure" impact category is mostly driven by its "Glass doors", "Glass windows", and "Glass walls" products. See details.
Environmental Sustainability
The Environmental Impact score for PGT Innovations is -2.13.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for PGT Innovations this week, compared to 4 articles on an average week.
Search Interest
2 people have searched for PGTI on MarketBeat in the last 30 days.
MarketBeat Follows
Only 3 people have added PGT Innovations to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PGT Innovations insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.90% of the stock of PGT Innovations is held by insiders.
Percentage Held by Institutions
81.60% of the stock of PGT Innovations is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for PGT Innovations are expected to grow by 14.52% in the coming year, from $2.48 to $2.84 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PGT Innovations is 23.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of PGT Innovations is 23.07, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 17.84.
Price to Earnings Growth Ratio
PGT Innovations has a PEG Ratio of 1.05. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
PGT Innovations has a P/B Ratio of 3.63. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About PGT Innovations Stock (NYSE:PGTI)

PGT Innovations, Inc., together with its subsidiaries, engages in the manufacture and supply of impact-resistant aluminum frame windows and doors in the United States and internationally. The company provides heavy-duty aluminum or vinyl frames with laminated glass to provide protection from hurricane-force winds and wind-borne debris; and non-impact resistant vinyl windows with insulating glass and multi-chambered frames for various climate zones. It also offers customizable non-impact-resistant aluminum frame windows and doors; and non-glass vertical and horizontal sliding panels for porch enclosures, including vinyl-glazed aluminum-framed products used for enclosing screened-in porches that provide protection from inclement weather. In addition, the company provides premium aluminum impact-resistant products; aluminum impact-resistant windows and doors; vinyl energy-efficient impact-resistant windows; and commercial storefront window system and entry doors. Further, it provides impact and non-impact sliding glass and terrace doors; fixed picture, single hung, and horizontal rolling windows; aluminum thermally broken doors and windows; fixed and operating windows; sliding, folding, and hinged doors; and moving glass walls and windows. The company offers its products under the PGT, CGI, WinDoor, Western Window Systems, NewSouth Window Solutions, Eco Window Systems, Eco Window Systems, Anlin, Martin, and Eco Enterprises, Inc. brands. It serves window distributors, building supply distributors, window replacement dealers, enclosure contractors, and garage door installation dealers. The company was formerly known as PGT, Inc. and changed its name to PGT Innovations, Inc. in December 2016. PGT Innovations, Inc. was founded in 1980 and is headquartered in North Venice, Florida.

PGTI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PGTI Stock News Headlines

April 18, 2024 | americanbankingnews.com

StockNews.com Begins Coverage on PGT Innovations (NYSE:PGTI)

April 10, 2024 | americanbankingnews.com

PGT Innovations (NYSE:PGTI) Earns Buy Rating from Analysts at StockNews.com

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March 28, 2024 | markets.businessinsider.com

PGT Innovations Announces Closing Of Acquisition By MIWD Holding

March 28, 2024 | msn.com

MITER Brands' deal to buy Venice's PGT Innovations for $3.1 billion completed

March 28, 2024 | businesswire.com

MITER Brands Completes Acquisition of PGT Innovations

March 28, 2024 | businesswire.com

MITER Brands Completes Acquisition of PGT Innovations, Inc.

March 26, 2024 | prnewswire.com

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March 25, 2024 | msn.com

PGT Unchanged on New Website

March 25, 2024 | finance.yahoo.com

NewSouth Window Solutions Unveils New Streamlined Website

March 25, 2024 | businesswire.com

NewSouth Window Solutions Unveils New Streamlined Website

March 19, 2024 | msn.com

PGT Innovations announces merger with MITER Brands

March 18, 2024 | businesswire.com

PGT Innovations, Inc. Stockholders Approve Proposed Merger with MITER Brands

March 16, 2024 | finance.yahoo.com

PGTI May 2024 30.000 call

March 14, 2024 | businesswire.com

PGT Innovations CEO Appointed to Board of Astec Industries

March 13, 2024 | stockhouse.com

SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates EGLE, X, PGTI, NGM

March 6, 2024 | finance.yahoo.com

WINDOOR and PGT Products Prominently Featured on HGTV’s Rock the Block

February 29, 2024 | seekingalpha.com

PGT Innovations: The Miter Offer Is Not Good Enough, But There Is No Better Alternative

February 23, 2024 | msn.com

PGT Innovations ticks higher as HSR waiting period for sale to Miter expired

February 22, 2024 | benzinga.com

PGT Innovations Stock (NYSE:PGTI), Short Interest Report

February 21, 2024 | finance.yahoo.com

Anlin Windows & Doors Unveils New Products at 2024 NAHB International Builders’ Show

February 21, 2024 | businesswire.com

Anlin Windows & Doors Unveils New Products at 2024 NAHB International Builders' Show

February 20, 2024 | finance.yahoo.com

PGT Innovations Inc (PGTI) Reports Mixed Fiscal Year 2023 Results Amidst Market Challenges

February 20, 2024 | markets.businessinsider.com

PGT Innovations Inc. Q4 Profit Decreases, misses estimates

February 20, 2024 | finance.yahoo.com

PGTI Reports Fourth Quarter and Record Fiscal Year 2023 Results

February 20, 2024 | businesswire.com

PGTI Reports Fourth Quarter and Record Fiscal Year 2023 Results

See More Headlines

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Company Calendar

Last Earnings: 2/20/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Construction
Industry: Metal doors, sash, & trim
Sub-Industry: Building Products
Current Symbol: NYSE:PGTI
Previous Symbol: NASDAQ:PGTI
CUSIP: 69336V10
CIK: 1354327
Web: www.pgtinnovations.com
Phone: (941) 480-1600
Fax: N/A
Employees: 5,600
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $38.67
High Stock Price Target: $42.00
Low Stock Price Target: $37.00
Potential Upside/Downside: -7.9%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.82
Trailing P/E Ratio: 23.07
Forward P/E Ratio: 16.93
P/E Growth: 1.05
Net Income: $107.40 million
Net Margins: 7.25%
Pretax Margin: 9.85%
Return on Equity: 18.46%
Return on Assets: 7.48%

Debt

Debt-to-Equity Ratio: 0.93
Current Ratio: 2.45
Quick Ratio: 1.61

Sales & Book Value

Annual Sales: $1.50 billion
Price / Sales: 1.60
Cash Flow: $3.23 per share
Price / Cash Flow: 13.02
Book Value: $11.57 per share
Price / Book: 3.63

Miscellaneous

Outstanding Shares: 57,262,000
Free Float: 54,456,000
Market Cap: $2.40 billion
Optionable: Optionable
Beta: 1.44

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Key Executives

Mr. Rodney Hershberger (Age 67)
Co-Founder & Chairman of the Board
Comp: $147.25k
Mr. Jeffrey T. Jackson CPA (Age 58)
President, CEO & Director
Comp: $2.22M
Mr. Mike Wothe (Age 59)
Executive Vice President of Operations
Comp: $1.1M
Mr. Bradley R. West (Age 58)
Senior Vice President of Corporate Development
Comp: $593.82k
Mr. Robert Andrew Keller (Age 51)
Senior Vice President of Research & Development, Product Innovation and Technology
Comp: $716.32k
Mr. Eric Kowalewski (Age 53)
President of Operations Southeast Region
Comp: $838.43k
Mr. Craig Henderson
Senior VP & CFO
Mr. Ryan S. Quinn
General Counsel & Corporate Secretary
Stephanie Cz
Corporate Communications & PR Manager
Rachel Evans
Senior Vice President of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PGTI Stock Analysis - Frequently Asked Questions

Should I buy or sell PGT Innovations stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PGT Innovations in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PGTI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PGTI, but not buy additional shares or sell existing shares.
View PGTI analyst ratings or view top-rated stocks.
What is PGT Innovations' stock price target for 2024?: 3 Wall Street analysts have issued twelve-month price targets for PGT Innovations' shares. Their PGTI share price targets range from $37.00 to $42.00. On average, they predict the company's share price to reach $38.67 in the next year. This suggests that the stock has a possible downside of 7.9%.
View analysts price targets for PGTI or view top-rated stocks among Wall Street analysts.
How have PGTI shares performed in 2024?: PGT Innovations' stock was trading at $40.70 on January 1st, 2024. Since then, PGTI stock has increased by 3.2% and is now trading at $41.99.
View the best growth stocks for 2024 here.
Are investors shorting PGT Innovations?: PGT Innovations saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 108,200 shares, a drop of 94.8% from the March 15th total of 2,100,000 shares. Based on an average daily volume of 472,500 shares, the days-to-cover ratio is presently 0.2 days.
View PGT Innovations' Short Interest.
When is PGT Innovations' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our PGTI earnings forecast.

How were PGT Innovations' earnings last quarter?: PGT Innovations, Inc. (NYSE:PGTI) announced its quarterly earnings data on Tuesday, February, 20th. The construction company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.36 by $0.11. The construction company earned $342.50 million during the quarter, compared to the consensus estimate of $339.15 million. PGT Innovations had a net margin of 7.25% and a trailing twelve-month return on equity of 18.46%. The company's quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.28 EPS.
What ETFs hold PGT Innovations' stock?: ETFs with the largest weight of PGT Innovations (NYSE:PGTI) stock in their portfolio include AltShares Event-Driven ET (EVNT) and AltShares Merger Arbitrage ETF (ARB).Harbor Corporate Culture Small Cap ETF (HAPS).
What other stocks do shareholders of PGT Innovations own?: Based on aggregate information from My MarketBeat watchlists, some companies that other PGT Innovations investors own include Advanced Micro Devices (AMD), InterDigital (IDCC), NVIDIA (NVDA), Micron Technology (MU), STAG Industrial (STAG), Align Technology (ALGN), Bank of Hawaii (BOH), AbbVie (ABBV), Adobe (ADBE) and Alibaba Group (BABA).
How do I buy shares of PGT Innovations?: Shares of PGTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PGTI) was last updated on 4/19/2024 by MarketBeat.com Staff

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