NYSE:PGTI

PGT Innovations - PGTI Stock Forecast, Price & News

$20.96

+0.53 (+2.59%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $20.51
▼
$21.43
50-Day Range: $18.99
▼
$23.20
52-Week Range: $15.42
▼
$23.36

Volume: 794,065 shs
Average Volume: 334,285 shs
Market Capitalization: $1.26 billion

P/E Ratio: 19.23
Dividend Yield: N/A
Price Target: $19.00

PGT Innovations MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 9.4% Downside
$19.00 Price Target
Short Interest: Bearish
3.03% of Float Sold Short
Dividend Strength: N/A
Sustainability: -2.13
Upright™ Environmental Score
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: Selling Shares
$186,335 Sold Last Quarter
Proj. Earnings Growth: -1.00%
From $2.01 to $1.99 Per Share

Overall MarketRank^™

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

1.17 out of 5 stars

Construction Sector

105th out of 106 stocks

Metal Doors, Sash, & Trim Industry

3rd out of 3 stocks

1.3

Analyst's Opinion

Consensus Rating
PGT Innovations has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $19.00, PGT Innovations has a forecasted downside of 9.4% from its current price of $20.96.
Amount of Analyst Coverage
PGT Innovations has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.03% 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 4.3.
Change versus previous month
Short interest in PGT Innovations has recently increased by 17.69%, indicating that investor sentiment is decreasing 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.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for PGT Innovations this week, compared to 1 article 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 -67% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added PGT Innovations to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PGT Innovations insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $186,335.00 in company stock.
Percentage Held by Insiders
Only 4.50% of the stock of PGT Innovations is held by insiders.
Percentage Held by Institutions
88.69% of the stock of PGT Innovations is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for PGT Innovations are expected to decrease by -1.00% in the coming year, from $2.01 to $1.99 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PGT Innovations is 19.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.92.
Price to Earnings Ratio vs. Sector
The P/E ratio of PGT Innovations is 19.23, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 12.41.
Price to Book Value per Share Ratio
PGT Innovations has a P/B Ratio of 2.36. 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, and Anlin brands. It serves window distributors, building supply distributors, window replacement dealers, and enclosure contractors. 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.

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PGTI Stock News Headlines

September 30, 2022 | finance.yahoo.com

PGT Innovations distributes relief supplies to team members and confirms zero damage to its Florida facilities

September 28, 2022 | finance.yahoo.com

PGT Innovations (PGTI) Up 18.6% in Past 3 Months: Here's Why

September 15, 2022 | finance.yahoo.com

Are Investors Undervaluing PGT Innovations (PGTI) Right Now?

September 12, 2022 | finance.yahoo.com

PGT Innovations celebrates National Truck Driver Appreciation Week with gifts and fanfare across its family of brands

September 8, 2022 | finance.yahoo.com

Is PGT Innovations (PGTI) a Good Pick for Value Investors?

September 2, 2022 | benzinga.com

PGT Innovations supports team members' educational goals with over $1 million in tuition reimbursement and scholarships

September 2, 2022 | nasdaq.com

Insiders at PGT Innovations, Inc. (NYSE:PGTI) must be relieved they sold stock as market valuation descends to US$1.2b

August 25, 2022 | finance.yahoo.com

PGT Innovations takes top spot in engineering and manufacturing category on Forbes’ America's Best-in-State Employers list

August 15, 2022 | finance.yahoo.com

Western Window Systems launches new streamlined website

July 29, 2022 | finance.yahoo.com

PGT Innovations welcomes visitors to grand opening event for NewSouth Window Solutions showroom

July 26, 2022 | bizjournals.com

Net income skyrocketed over 200% for PGT Innovations in Q2

July 26, 2022 | seekingalpha.com

PGT Innovations Inc. (PGTI) CEO Jeff Jackson on Q2 2022 Results - Earnings Call Transcript

July 19, 2022 | finance.yahoo.com

Those who invested in Innovations (NYSE:PGTI) five years ago are up 35%

July 1, 2022 | finance.yahoo.com

PGT Innovations, Inc. to Release Second Quarter 2022 Results and host Conference Call on Tuesday, July 26, 2022

June 27, 2022 | finance.yahoo.com

PGT Innovations acknowledged with Large Business Award

June 16, 2022 | msn.com

PGT Innovations's Return on Invested Capital Overview

June 13, 2022 | finance.yahoo.com

Read This Before Judging PGT Innovations, Inc.'s (NYSE:PGTI) ROE

June 2, 2022 | finance.yahoo.com

PGTI University Releases 50th Podcast Episode to Support Dealers and Businesses

May 24, 2022 | seekingalpha.com

PGT Innovations expands western manufacturing operations with newly acquired space

May 24, 2022 | finance.yahoo.com

PGT Innovations Acquires New Space to Accommodate Growth of Western Window Systems Brand

May 13, 2022 | finance.yahoo.com

PGT Innovations (PGTI) Q1 Earnings Beat, Margins Rise Y/Y

May 13, 2022 | seekingalpha.com

PGT Innovations Inc. (PGTI) CEO Jeff Jackson on Q1 2022 Results - Earnings Call Transcript

May 12, 2022 | finance.yahoo.com

PGT Innovations Clocks 32% Revenue Growth In Q1, Beats Estimates

May 12, 2022 | finance.yahoo.com

PGTI Reports Record First Quarter 2022 Results

May 12, 2022 | seekingalpha.com

PGT Innovations Non-GAAP EPS of $0.42, revenue of $359M; updates FY22 guidance

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30 days | 90 days | 365 days | Advanced Chart

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PGTI Company Calendar

Last Earnings: 7/26/2022
Today: 10/01/2022
Next Earnings (Estimated): 11/10/2022
Fiscal Year End: 12/31/2022

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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: 5,300
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $19.00
High Stock Price Forecast: $19.00
Low Stock Price Forecast: $19.00
Forecasted Upside/Downside: -9.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.09
Trailing P/E Ratio: 19.23
Forward P/E Ratio: 10.43
P/E Growth: N/A
Net Income: $26.80 million
Net Margins: 4.84%
Pretax Margin: 6.93%
Return on Equity: 18.27%
Return on Assets: 6.77%

Debt

Debt-to-Equity Ratio: 1.08
Current Ratio: 2.82
Quick Ratio: 2.24

Sales & Book Value

Annual Sales: $1.16 billion
Price / Sales: 1.08
Cash Flow: $1.97 per share
Price / Cash Flow: 10.65
Book Value: $8.88 per share
Price / Book: 2.36

Miscellaneous

Outstanding Shares: 59,950,000
Free Float: 57,249,000
Market Cap: $1.26 billion
Optionable: Optionable
Beta: 1.48

Key Executives

Mr. Rodney Hershberger (Age 65)
Co-Founder & Chairman
Comp: $120k

Mr. Jeffrey T. Jackson (Age 56)
Pres, CEO & Director
Comp: $1.45M

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

Mr. Bradley R. West (Age 56)
Sr. VP of Corp. Devel. & Treasurer
Comp: $449.18k

Mr. Robert Andrew Keller (Age 50)
Sr. VP of Customer Strategy & Innovation of Southeast Division
Comp: $399.07k

Mr. Mike Wothe (Age 58)
Pres of Western Division
Comp: $781.73k

Mr. John E. Kunz (Age 57)
Sr. VP & CFO

Stephanie Cz
Corp. Communications & PR Mang.

Ms. Deborah L. LaPinska (Age 60)
Sr. VP & Chief HR Officer

Mr. David McCutcheon (Age 56)
Sr. VP of Bus. Integration

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 research analysts have issued "buy," "hold," and "sell" ratings for PGT Innovations in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street 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 2022?: 2 brokerages have issued 12 month price objectives for PGT Innovations' shares. Their PGTI share price forecasts range from $19.00 to $19.00. On average, they expect the company's share price to reach $19.00 in the next year. This suggests that the stock has a possible downside of 9.4%.
View analysts price targets for PGTI or view top-rated stocks among Wall Street analysts.
How have PGTI shares performed in 2022?: PGT Innovations' stock was trading at $22.49 at the start of the year. Since then, PGTI stock has decreased by 6.8% and is now trading at $20.96.
View the best growth stocks for 2022 here.
When is PGT Innovations' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 10th 2022.
View our PGTI earnings forecast.
How were PGT Innovations' earnings last quarter?: PGT Innovations, Inc. (NYSE:PGTI) announced its earnings results on Tuesday, July, 26th. The construction company reported $0.67 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.22. The construction company had revenue of $406.52 million for the quarter, compared to analysts' expectations of $364.73 million. PGT Innovations had a trailing twelve-month return on equity of 18.27% and a net margin of 4.84%. The business's revenue for the quarter was up 42.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.18 earnings per share.
What guidance has PGT Innovations issued on next quarter's earnings?: PGT Innovations issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.45 billion-$1.52 billion, compared to the consensus revenue estimate of $1.42 billion.

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."
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 $20.96.
How much money does PGT Innovations make?: PGT Innovations (NYSE:PGTI) has a market capitalization of $1.26 billion and generates $1.16 billion in revenue each year. The construction company earns $26.80 million in net income (profit) each year or $1.09 on an earnings per share basis.
How many employees does PGT Innovations have?: The company employs 5,300 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 10/2/2022 by MarketBeat.com Staff

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PGT Innovations - PGTI Stock Forecast, Price & News

PGT Innovations MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability