NYSE:PGTI

PGT Innovations (PGTI) Stock Forecast, Price & News

$27.55

+0.64 (+2.38%)

(As of 03:15 PM ET)

Compare

Today's Range: $27.30
▼
$27.89
50-Day Range: $25.92
▼
$29.16
52-Week Range: $17.43
▼
$29.64

Volume: 169,158 shs
Average Volume: 464,883 shs
Market Capitalization: $1.61 billion

P/E Ratio: 15.74
Dividend Yield: N/A
Price Target: $34.00

PGT Innovations MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 23.1% Upside
$34.00 Price Target
Short Interest: Healthy
2.35% of Float Sold Short
Dividend Strength: N/A
Sustainability: -2.13
Upright™ Environmental Score
News Sentiment: 1.10
Based on 5 Articles This Week
Insider Trading: Selling Shares
$215,900 Sold Last Quarter
Proj. Earnings Growth: 12.68%
From $2.13 to $2.40 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.44 out of 5 stars

Construction Sector

16th out of 102 stocks

Metal Doors, Sash, & Trim Industry

1st out of 3 stocks

2.5

Analyst's Opinion

Consensus Rating
PGT Innovations has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $34.00, PGT Innovations has a forecasted upside of 23.1% from its current price of $27.61.
Amount of Analyst Coverage
PGT Innovations has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.35% of the float of PGT Innovations has been sold short.
Short Interest Ratio / Days to Cover
PGT Innovations has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in PGT Innovations has recently increased by 1.57%, indicating that investor sentiment is decreasing.

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.

3.4

News and Social Media Coverage

News Sentiment
PGT Innovations has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.82 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for PGT Innovations this week, compared to 3 articles on an average week.
MarketBeat Follows
4 people have added PGT Innovations to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PGT Innovations insiders have sold 173.33% more of their company's stock than they have bought. Specifically, they have bought $78,990.00 in company stock and sold $215,900.00 in company stock.
Percentage Held by Insiders
Only 4.90% of the stock of PGT Innovations is held by insiders.
Percentage Held by Institutions
82.66% of the stock of PGT Innovations is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for PGT Innovations are expected to grow by 12.68% in the coming year, from $2.13 to $2.40 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PGT Innovations is 15.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of PGT Innovations is 15.78, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 14.41.
Price to Earnings Growth Ratio
PGT Innovations has a PEG Ratio of 0.96. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
PGT Innovations has a P/B Ratio of 2.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About PGT Innovations (NYSE:PGTI) Stock

PGT Innovations, Inc., together with its subsidiaries manufactures and supplies 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, Eco Window Systems, CGI Commercial, Anlin, and Martin 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 Price History

30 days | 90 days | 365 days | Advanced Chart

PGTI Stock News Headlines

September 27, 2023 | finance.yahoo.com

PGT Innovations launches Diamond Glass production at Venice headquarters

September 26, 2023 | finance.yahoo.com

PGT Innovations Announces Participation in Deutsche Bank’s 31st Annual Leveraged Finance Conference

September 27, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."

September 26, 2023 | finance.yahoo.com

Business Buzz: PGT creates path to manufacturing career

September 22, 2023 | finance.yahoo.com

PGT Innovations Celebrates National Truck Driver Appreciation Week

September 17, 2023 | americanbankingnews.com

PGT Innovations (NYSE:PGTI) Stock Price Down 3.2%

September 13, 2023 | seekingalpha.com

PGT Innovations: Optimistic On Volume Outlook And Valuation Has Gotten Cheaper

September 12, 2023 | finance.yahoo.com

PGT Innovations mobilizes team to deliver post-storm aid following Hurricane Idalia

September 27, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

September 6, 2023 | finance.yahoo.com

Pathway to PGTI Program Sees Success With First Hire

September 5, 2023 | finance.yahoo.com

PGT Innovations (PGTI): A Hidden Gem in the Construction Industry

August 31, 2023 | finance.yahoo.com

PGT Innovations Announces $11M+ Grant of Equity to More Than 5,000 Team Members

August 31, 2023 | finance.yahoo.com

PGT Innovations spreads the wealth with $11 million employee stock grant

August 28, 2023 | finance.yahoo.com

Is There An Opportunity With PGT Innovations, Inc.'s (NYSE:PGTI) 27% Undervaluation?

August 23, 2023 | msn.com

PGT Innovations: Long-Term Tailwinds But Intensifying Competition

August 11, 2023 | finance.yahoo.com

PGT Innovations, Inc. (NYSE:PGTI) Q2 2023 Earnings Call Transcript

August 5, 2023 | seekingalpha.com

PGT Innovations, Inc. 2023 Q2 - Results - Earnings Call Presentation

August 3, 2023 | msn.com

PGT Innovations Non-GAAP EPS of $0.58, revenue of $385M

August 3, 2023 | finance.yahoo.com

PGTI Reports Second Quarter 2023 Results

July 28, 2023 | bizjournals.com

PGT Innovations ops lead sees supply chain issues calming, but talent remains a headwind

July 17, 2023 | finance.yahoo.com

PGTI University celebrates 100th podcast episode

July 14, 2023 | gurufocus.com

York Capital Management Global Advisors, LLC Acquires Significant Stake in NextDecade Corp

July 14, 2023 | finance.yahoo.com

PGT Innovations, Inc. to Release Second Quarter 2023 Results and Host Conference Call on Thursday, August 3, 2023

July 13, 2023 | msn.com

Jefferies Maintains PGT Innovations (PGTI) Buy Recommendation

July 11, 2023 | finance.yahoo.com

PGT Innovations acknowledged with Workforce Development and Innovation Award

July 6, 2023 | msn.com

PGT Innovations (PGTI) Price Target Increased by 5.26% to 34.00

July 5, 2023 | finance.yahoo.com

Five Building Product Stocks That Rose More Than 40% YTD

See More Headlines

Receive PGTI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for PGT Innovations and its competitors with MarketBeat's FREE daily newsletter.

PGTI Company Calendar

Last Earnings: 8/03/2023
Today: 9/27/2023
Next Earnings (Estimated): 11/09/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Metal doors, sash, & trim
Sub-Industry: Building Products
Sector: Construction
Current Symbol: NYSE:PGTI
Previous Symbol: NASDAQ:PGTI
CUSIP: 69336V10
CIK: 1354327
Web: www.pgtinnovations.com
Phone: (941) 480-1600
Fax: N/A
Employees: 5,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $34.00
High Stock Price Forecast: $37.00
Low Stock Price Forecast: $32.00
Forecasted Upside/Downside: +23.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.75
Trailing P/E Ratio: 15.77
Forward P/E Ratio: 12.95
P/E Growth: 0.96
Net Income: $98.88 million
Net Margins: 7.15%
Pretax Margin: 9.40%
Return on Equity: 18.47%
Return on Assets: 7.19%

Debt

Debt-to-Equity Ratio: 1.03
Current Ratio: 2.72
Quick Ratio: 1.91

Sales & Book Value

Annual Sales: $1.49 billion
Price / Sales: 1.08
Cash Flow: $2.99 per share
Price / Cash Flow: 9.22
Book Value: $10.47 per share
Price / Book: 2.64

Miscellaneous

Outstanding Shares: 58,350,000
Free Float: 55,492,000
Market Cap: $1.61 billion
Optionable: Optionable
Beta: 1.45

10 Best Cheap Stocks to Buy Now

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

Key Executives

Mr. Rodney Hershberger (Age 66)
Co-Founder & Chairman
Comp: $147.25k

Mr. Jeffrey T. Jackson CPA (Age 57)
Pres, CEO & Director
Comp: $2.22M

Mr. Mike Wothe (Age 58)
Exec. VP of Operations
Comp: $1.1M

Mr. Bradley R. West (Age 57)
Sr. VP of Corp. Devel.
Comp: $593.82k

Mr. Robert Andrew Keller (Age 50)
Sr. VP of R&D, Product Innovation and Technology
Comp: $716.32k

Mr. Eric Kowalewski (Age 52)
Pres of Operations Southeast Region
Comp: $838.43k

Mr. Craig Henderson
Interim Chief Financial Officer

Mr. Ryan S. Quinn
Gen. Counsel & Corp. Sec.

Stephanie Cz
Corp. Communications & PR Mang.

Rachel Evans
Sr. VP of HR

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PGTI Stock - Frequently Asked Questions

Should I buy or sell PGT Innovations stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PGT Innovations in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PGTI shares.
View PGTI analyst ratings or view top-rated stocks.
What is PGT Innovations' stock price forecast for 2023?: 2 Wall Street analysts have issued 12 month price targets for PGT Innovations' stock. Their PGTI share price forecasts range from $32.00 to $37.00. On average, they expect the company's stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 23.2% from the stock's current price.
View analysts price targets for PGTI or view top-rated stocks among Wall Street analysts.
How have PGTI shares performed in 2023?: PGT Innovations' stock was trading at $17.96 at the beginning of the year. Since then, PGTI stock has increased by 53.6% and is now trading at $27.59.
View the best growth stocks for 2023 here.
When is PGT Innovations' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our PGTI earnings forecast.
How were PGT Innovations' earnings last quarter?: PGT Innovations, Inc. (NYSE:PGTI) posted its quarterly earnings results on Thursday, August, 3rd. The construction company reported $0.58 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.58. The construction company earned $384.90 million during the quarter, compared to analyst estimates of $390.95 million. PGT Innovations had a net margin of 7.15% and a trailing twelve-month return on equity of 18.47%. The firm's revenue for the quarter was down 5.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.67 EPS.
What ETFs hold PGT Innovations' stock?: ETFs with the largest weight of PGT Innovations (NYSE:PGTI) stock in their portfolio include Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Invesco S&P SmallCap Industrials ETF (PSCI), Harbor Corporate Culture Small Cap ETF (HAPS) and iShares U.S. Home Construction ETF (ITB).Direxion Daily Homebuilders & Supplies Bull 3x Shares (NAIL).
What guidance has PGT Innovations issued on next quarter's earnings?: PGT Innovations issued an update on its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $385.00 million-$405.00 million, compared to the consensus revenue estimate of $386.00 million.

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).
What is PGT Innovations' stock symbol?: PGT Innovations trades on the New York Stock Exchange (NYSE) under the ticker symbol "PGTI."
Who are PGT Innovations' major shareholders?: PGT Innovations' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (15.72%), Dimensional Fund Advisors LP (4.45%), Cooke & Bieler LP (4.21%), State Street Corp (3.40%), William Blair Investment Management LLC (3.03%) and Geode Capital Management LLC (1.93%). Insiders that own company stock include Brent Boydston, Christopher J Stephens, Deborah L Lapinska, Richard D Feintuch, Robert Andrew Keller, Rodney Hershberger and William J Morgan.
View institutional ownership trends.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is PGT Innovations' stock price today?: One share of PGTI stock can currently be purchased for approximately $27.59.
How much money does PGT Innovations make?: PGT Innovations (NYSE:PGTI) has a market capitalization of $1.61 billion and generates $1.49 billion in revenue each year. The construction company earns $98.88 million in net income (profit) each year or $1.75 on an earnings per share basis.
How many employees does PGT Innovations have?: The company employs 5,500 workers across the globe.
How can I contact PGT Innovations?: PGT Innovations' mailing address is 1070 TECHNOLOGY DRIVE, NORTH VENICE FL, 34275. The official website for the company is www.pgtinnovations.com. The construction company can be reached via phone at (941) 480-1600 or via email at sbaker@pgtinnovations.com.

This page (NYSE:PGTI) was last updated on 9/27/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial