PGT Innovations (PGTI) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PGT Innovations in the last year. There are currently 1 buy rating 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.

1 equities research analysts have issued 1-year price objectives for PGT Innovations' stock. Their PGTI share price forecasts range from $19.00 to $33.00. On average, they expect the company's stock price to reach $27.00 in the next year. This suggests a possible upside of 1.7% 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 shares have increased by 47.9% and is now trading at $26.56.
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PGT Innovations saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,090,000 shares, an increase of 18.1% from the April 30th total of 1,770,000 shares. Based on an average daily trading volume, of 576,200 shares, the days-to-cover ratio is presently 3.6 days. Currently, 3.7% of the company's stock are sold short.
View PGT Innovations' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our PGTI earnings forecast.

PGT Innovations, Inc. (NYSE:PGTI) posted its quarterly earnings results on Wednesday, February, 22nd. The construction company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.28 by $0.01. The construction company had revenue of $340.93 million for the quarter, compared to analyst estimates of $332 million. PGT Innovations had a net margin of 7.38% and a trailing twelve-month return on equity of 20.09%. PGT Innovations's revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the company earned $0.31 earnings per share.

ETFs with the largest weight of PGT Innovations (NYSE:PGTI) stock in their portfolio include Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Invesco S&P SmallCap Industrials ETF (PSCI), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Pacer US Small Cap Cash Cows 100 ETF (CALF), First Trust Small Cap Value AlphaDEX Fund (FYT), Janus Henderson Small Cap Growth Alpha ETF (JSML), First Trust Small Cap Core AlphaDEX Fund (FYX) and

PGT Innovations updated its second quarter 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $380.00 million-$400.00 million, compared to the consensus revenue estimate of $410.28 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."

PGT Innovations' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.92%), Wellington Management Group LLP (7.72%), Cooke & Bieler LP (4.71%), Dimensional Fund Advisors LP (4.23%), State Street Corp (3.36%) and William Blair Investment Management LLC (2.89%). Insiders that own company stock include Brent Boydston, Deborah L Lapinska, Richard D Feintuch, Robert Andrew Keller, Rodney Hershberger and William J Morgan.
View institutional ownership trends.

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 $26.56.

PGT Innovations (NYSE:PGTI) has a market capitalization of $1.56 billion and generates $1.49 billion in revenue each year. The construction company earns $98.88 million in net income (profit) each year or $1.83 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.