Should I buy or sell PGT Innovations stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PGT Innovations in the last twelve months. There are currently 3 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 target for 2024?

3 brokerages have issued 12-month price targets for PGT Innovations' shares. Their PGTI share price targets range from $33.00 to $38.00. On average, they predict the company's stock price to reach $36.00 in the next twelve months. This suggests a possible upside of 9.6% 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 start of the year. Since then, PGTI shares have increased by 82.8% and is now trading at $32.8350. 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 Wednesday, February 28th 2024. View our PGTI earnings forecast .

How were PGT Innovations' earnings last quarter?

PGT Innovations, Inc. (NYSE:PGTI) announced its earnings results on Thursday, November, 2nd. The construction company reported $0.66 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.06. The construction company earned $399.93 million during the quarter, compared to analyst estimates of $395.79 million. PGT Innovations had a trailing twelve-month return on equity of 18.98% and a net margin of 7.67%.

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 Human Capital Factor US Small Cap ETF (HAPS) and iShares U.S. Home Construction ETF (ITB) . Direxion Daily Homebuilders & Supplies Bull 3x Shares (NAIL) .

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) .

Who are PGT Innovations' major shareholders?

PGT Innovations' stock is owned by a variety of retail and institutional investors. Top institutional investors include William Blair Investment Management LLC (2.87%), The Manufacturers Life Insurance Company (1.82%), Congress Asset Management Co. MA (1.70%), Charles Schwab Investment Management Inc. (1.12%), Rice Hall James & Associates LLC (1.08%) and Northern Trust Corp (1.10%). 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 .

PGT Innovations Stock Price, News & Analysis (NYSE:PGTI)

$32.84

-0.70 (-2.09%)

(As of 11/27/2023 ET)

Compare

Today's Range: $32.82
▼
$33.52
50-Day Range: $26.19
▼
$33.54
52-Week Range: $17.43
▼
$33.92

Volume: 369,497 shs
Average Volume: 340,682 shs
Market Capitalization: $1.87 billion

P/E Ratio: 17.10
Dividend Yield: N/A
Price Target: $36.00

PGT Innovations MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 9.6% Upside
$36.00 Price Target
Short Interest: Healthy
1.38% of Float Sold Short
Dividend Strength: N/A
Sustainability: -2.13
Upright™ Environmental Score
News Sentiment: 1.10
Based on 2 Articles This Week
Insider Trading: Selling Shares
$215,350 Sold Last Quarter
Proj. Earnings Growth: 12.96%
From $2.16 to $2.44 Per Share

Overall MarketRank^™

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

2.41 out of 5 stars

Construction Sector

34th out of 98 stocks

Metal Doors, Sash, & Trim Industry

3rd out of 3 stocks

1.5

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 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $36.00, PGT Innovations has a forecasted upside of 9.6% from its current price of $32.84.
Amount of Analyst Coverage
PGT Innovations has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.38% 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 1.7, 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 11.79%, 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.

2.8

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 0.55 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for PGT Innovations this week, compared to 3 articles on an average week.
Search Interest
Only 1 people have searched for PGTI on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
8 people have added PGT Innovations to their MarketBeat watchlist in the last 30 days. This is an increase of 167% 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 172.63% more of their company's stock than they have bought. Specifically, they have bought $78,990.00 in company stock and sold $215,350.00 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.

3.1

Earnings and Valuation

Earnings Growth
Earnings for PGT Innovations are expected to grow by 12.96% in the coming year, from $2.16 to $2.44 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PGT Innovations is 17.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of PGT Innovations is 17.10, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 17.55.
Price to Earnings Growth Ratio
PGT Innovations has a PEG Ratio of 0.97. 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 3.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About PGT Innovations Stock (NYSE:PGTI)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PGTI Stock News Headlines

November 26, 2023 | americanbankingnews.com

PGT Innovations (NYSE:PGTI) Hits New 52-Week High at $33.87

November 24, 2023 | finance.yahoo.com

New Highs: Novo Nordisk, PGT Innovations Among Best Stocks To Buy Now

November 28, 2023 | Edge On The Street (Ad)

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November 20, 2023 | finance.yahoo.com

PGT Innovations' (NYSE:PGTI) 11% CAGR outpaced the company's earnings growth over the same five-year period

November 17, 2023 | businesswire.com

Western Window Systems Unveils New Santa Monica Design Studio With Ribbon-Cutting

November 13, 2023 | finance.yahoo.com

PGT Innovations bestowed Top 10 Executive Team Award by OnConferences

November 7, 2023 | finance.yahoo.com

PGT Innovations appoints Craig Henderson as Chief Financial Officer

November 6, 2023 | bizjournals.com

PGT to create 650 jobs at new Virginia glass manufacturing facility

November 28, 2023 | Edge On The Street (Ad)

Americans Now Favor Gold Over Stocks as an Investment Vehicle

November 6, 2023 | finance.yahoo.com

PGT Innovations, Inc. (NYSE:PGTI) Q3 2023 Earnings Call Transcript

November 6, 2023 | finance.yahoo.com

Does PGT Innovations (NYSE:PGTI) Deserve A Spot On Your Watchlist?

November 4, 2023 | seekingalpha.com

PGT Innovations, Inc. 2023 Q3 - Results - Earnings Call Presentation

November 3, 2023 | finance.yahoo.com

PGT Innovations Announces New Glass Company, Customer Base, and Facility in Virginia

November 3, 2023 | financialpost.com

Pacific Green Reaches Financial Close for £120 Million (US$146 Million) of Funding for Its 249 MW / 373.5 MWh Sheaf Energy Park Battery Development

November 2, 2023 | finance.yahoo.com

PGT Innovations Inc (PGTI) Reports 4% Increase in Net Sales and 29% Rise in Net Income for Q3 2023

November 2, 2023 | finance.yahoo.com

PGTI Reports Record Third Quarter 2023 Results

October 30, 2023 | finance.yahoo.com

Are Construction Stocks Lagging PGT Innovations (PGTI) This Year?

October 25, 2023 | finance.yahoo.com

PGT Innovations Announces Participation in Baird’s 2023 Global Industrial Conference

October 25, 2023 | finance.yahoo.com

PGT Innovations announces new glass option for PGT Custom Windows and Doors

October 14, 2023 | msn.com

Is PGT Innovations (PGTI) Stock Outpacing Its Construction Peers This Year?

October 13, 2023 | finance.yahoo.com

Is PGT Innovations (PGTI) Stock Undervalued Right Now?

October 12, 2023 | finance.yahoo.com

Why PGT Innovations Stock Rocketed Higher This Week

October 12, 2023 | finance.yahoo.com

PGT Innovations, Inc. to Release Third Quarter 2023 Results and Host Conference Call on Thursday, November 2, 2023

October 11, 2023 | finance.yahoo.com

PGT Innovations Stock Scores Relative Price Strength Upgrade

October 10, 2023 | rttnews.com

Pre-market Movers: AKRO, MOB, VTYX, PGTI, PRZO.

October 10, 2023 | au.investing.com

PGT Innovations gains on $33/share takeover offer from Miter Brands, higher bid seen coming

October 10, 2023 | proactiveinvestors.com

PGT Innovations stock surges on Miter Brands acquisition attempt: report

See More Headlines

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Company Calendar

Last Earnings: 11/02/2023
Today: 11/28/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/28/2024

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 Target: $36.00
High Stock Price Target: $38.00
Low Stock Price Target: $33.00
Potential Upside/Downside: +9.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.92
Trailing P/E Ratio: 17.10
Forward P/E Ratio: 15.20
P/E Growth: 0.97
Net Income: $98.88 million
Net Margins: 7.67%
Pretax Margin: 10.13%
Return on Equity: 18.98%
Return on Assets: 7.53%

Debt

Debt-to-Equity Ratio: 0.96
Current Ratio: 2.31
Quick Ratio: 1.61

Sales & Book Value

Annual Sales: $1.49 billion
Price / Sales: 1.26
Cash Flow: $2.90 per share
Price / Cash Flow: 11.34
Book Value: $10.47 per share
Price / Book: 3.14

Miscellaneous

Outstanding Shares: 57,050,000
Free Float: 54,255,000
Market Cap: $1.87 billion
Optionable: Optionable
Beta: 1.43

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Key Executives

Mr. Rodney Hershberger (Age 66)
Co-Founder & Chairman of the Board
Comp: $147.25k
Mr. Jeffrey T. Jackson CPA (Age 57)
President, CEO & Director
Comp: $2.22M
Mr. Mike Wothe (Age 58)
Executive Vice President of Operations
Comp: $1.1M
Mr. Bradley R. West (Age 57)
Senior Vice President of Corporate Development
Comp: $593.82k
Mr. Robert Andrew Keller (Age 50)
Senior Vice President of Research & Development, Product Innovation and Technology
Comp: $716.32k
Mr. Eric Kowalewski (Age 52)
President of Operations Southeast Region
Comp: $838.43k
Mr. Ryan S. Quinn
General Counsel & Corporate Secretary
Stephanie Cz
Corporate Communications & PR Manager
Rachel Evans
Senior Vice President of Human Resources
Mr. David McCutcheon (Age 57)
Senior VP of Business Integration
Comp: $263.79k

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 equities research analysts have issued "buy," "hold," and "sell" ratings for PGT Innovations in the last twelve months. There are currently 3 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 target for 2024?: 3 brokerages have issued 12-month price targets for PGT Innovations' shares. Their PGTI share price targets range from $33.00 to $38.00. On average, they predict the company's stock price to reach $36.00 in the next twelve months. This suggests a possible upside of 9.6% 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 start of the year. Since then, PGTI shares have increased by 82.8% and is now trading at $32.8350.
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 Wednesday, February 28th 2024.
View our PGTI earnings forecast.
How were PGT Innovations' earnings last quarter?: PGT Innovations, Inc. (NYSE:PGTI) announced its earnings results on Thursday, November, 2nd. The construction company reported $0.66 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.06. The construction company earned $399.93 million during the quarter, compared to analyst estimates of $395.79 million. PGT Innovations had a trailing twelve-month return on equity of 18.98% and a net margin of 7.67%.

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 Human Capital Factor US Small Cap ETF (HAPS) and iShares U.S. Home Construction ETF (ITB).Direxion Daily Homebuilders & Supplies Bull 3x Shares (NAIL).
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).
Who are PGT Innovations' major shareholders?: PGT Innovations' stock is owned by a variety of retail and institutional investors. Top institutional investors include William Blair Investment Management LLC (2.87%), The Manufacturers Life Insurance Company (1.82%), Congress Asset Management Co. MA (1.70%), Charles Schwab Investment Management Inc. (1.12%), Rice Hall James & Associates LLC (1.08%) and Northern Trust Corp (1.10%). 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.

This page (NYSE:PGTI) was last updated on 11/28/2023 by MarketBeat.com Staff

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