PGT Innovations (PGTI) Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PGT Innovations in the last twelve months. 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.

2 equities research analysts have issued 12 month price objectives for PGT Innovations' shares. Their PGTI share price forecasts range from $32.00 to $37.00. On average, they expect the company's share price to reach $34.00 in the next twelve months. This suggests a possible upside of 22.5% from the stock's current price.
View analysts price targets for PGTI or view top-rated stocks among Wall Street analysts.

PGT Innovations' stock was trading at $17.96 at the beginning of the year. Since then, PGTI stock has increased by 54.5% and is now trading at $27.75.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our PGTI earnings forecast.

PGT Innovations, Inc. (NYSE:PGTI) issued its earnings results on Thursday, August, 3rd. The construction company reported $0.58 earnings per share for the quarter, meeting analysts' consensus estimates of $0.58. The construction company had revenue of $384.90 million for the quarter, compared to the consensus estimate of $390.95 million. PGT Innovations had a trailing twelve-month return on equity of 18.47% and a net margin of 7.15%. PGT Innovations's revenue was down 5.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.67 earnings per share.

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).

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.

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).

PGT Innovations trades on the New York Stock Exchange (NYSE) under the ticker symbol "PGTI."

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.
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One share of PGTI stock can currently be purchased for approximately $27.75.

PGT Innovations (NYSE:PGTI) has a market capitalization of $1.62 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.

The company employs 5,500 workers across the globe.

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.