NYSE:PGTI

PGT Innovations - PGTI Stock Forecast, Price & News

$22.80

+0.46 (+2.06%)

(As of 03/27/2023 12:00 AM ET)

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Today's Range: $22.19
▼
$23.07
50-Day Range: $19.31
▼
$23.38
52-Week Range: $15.42
▼
$23.89

Volume: 1.31 million shs
Average Volume: 473,651 shs
Market Capitalization: $1.37 billion

P/E Ratio: 13.90
Dividend Yield: N/A
Price Target: $24.00

Institutional Ownership

PGT Innovations MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 5.3% Upside
$24.00 Price Target
Short Interest: Healthy
2.58% of Float Sold Short
Dividend Strength: N/A
Sustainability: -2.13
Upright™ Environmental Score
News Sentiment: 0.88
Based on 2 Articles This Week
Insider Trading: Selling Shares
$782,825 Sold Last Quarter
Proj. Earnings Growth: 10.06%
From $1.69 to $1.86 Per Share

Overall MarketRank^™

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

1.79 out of 5 stars

Construction Sector

83rd out of 105 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 $24.00, PGT Innovations has a forecasted upside of 5.3% from its current price of $22.80.
Amount of Analyst Coverage
PGT Innovations has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.58% 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 3.4, 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 12.98%, 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.

2.7

News and Social Media Coverage

News Sentiment
PGT Innovations has a news sentiment score of 0.88. 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 0.61 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for PGT Innovations this week, compared to 2 articles on an average week.
Search Interest
8 people have searched for PGTI on MarketBeat in the last 30 days. This is an increase of 700% 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 $782,825.00 in company stock.
Percentage Held by Insiders
Only 4.50% of the stock of PGT Innovations is held by insiders.
Percentage Held by Institutions
84.29% of the stock of PGT Innovations is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for PGT Innovations are expected to grow by 10.06% in the coming year, from $1.69 to $1.86 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PGT Innovations is 13.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of PGT Innovations is 13.90, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 12.53.
Price to Book Value per Share Ratio
PGT Innovations has a P/B Ratio of 2.18. 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. engages in the manufacture and supply of windows and doors under the brand names PGT Custom Windows + Doors, CGI, WinDoor, Western Window Systems, Eze-Breeze, and CGI Commercial. It operates through the Southeast and Western geographical segments. The company was founded by Rodney Hershberger in 1980 and is headquartered in Nokomis, FL.

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PGTI Stock News Headlines

March 25, 2023 | americanbankingnews.com

PGT Innovations (NYSE:PGTI) Upgraded to "Buy" by StockNews.com

March 21, 2023 | finance.yahoo.com

Is There An Opportunity With PGT Innovations, Inc.'s (NYSE:PGTI) 39% Undervaluation?

March 27, 2023 | Investor Place Media (Ad)

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March 9, 2023 | businesswire.com

PGT Innovations named a Best Small Company by Forbes for third year in a row

March 6, 2023 | finanznachrichten.de

Planet Resource Recovery, Inc.: PRRY Appoints Rod Hershberger, Chairman of PGTI, as Independent Advisor

March 3, 2023 | marketwatch.com

PGT Innovations Terminates Finance Chief's Service Without Cause

March 2, 2023 | businesswire.com

PGT Innovations Announces Executive Promotions to Support Organic Growth

February 24, 2023 | seekingalpha.com

PGT Innovations, Inc. (PGTI) Q4 2022 Earnings Call Transcript

March 27, 2023 | Weiss Ratings (Ad)

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February 23, 2023 | finance.yahoo.com

PGT Innovations, Inc. (NYSE:PGTI) Q4 2022 Earnings Call Transcript

February 23, 2023 | finance.yahoo.com

PGT Innovations Full Year 2022 Earnings: EPS Misses Expectations

February 22, 2023 | bizjournals.com

Ransomware attack, Hurricane Ian burned PGT Innovations' earnings last quarter

February 22, 2023 | finance.yahoo.com

PGTI Reports Fourth Quarter and Fiscal Year 2022 Results, Provides First Quarter 2023 Guidance

February 21, 2023 | benzinga.com

Earnings Preview For PGT Innovations

February 8, 2023 | finance.yahoo.com

PGT Innovations, Inc. to Release Fourth Quarter and Fiscal Year 2022 Results and Host Conference Call on Wednesday, February 22, 2023

February 7, 2023 | msn.com

PGT Innovations approve $250 buyback

February 7, 2023 | finance.yahoo.com

PGTI Announces $250 Million Share Repurchase Program

January 31, 2023 | seekingalpha.com

PGT Innovations: Best Nearby Building Industry Capital Gain Prospect

January 26, 2023 | benzinga.com

Western Window Systems unveils new product at 2023 NAHB International Builders' Show

January 26, 2023 | finance.yahoo.com

Western Window Systems unveils new product at 2023 NAHB International Builders’ Show

January 25, 2023 | benzinga.com

PGT Innovations Showcases and Launches Premium Products at 2023 NAHB International Builders' Show

January 23, 2023 | finance.yahoo.com

PGT Innovations Showcases and Launches Premium Products at 2023 NAHB International Builders’ Show

January 18, 2023 | finance.yahoo.com

PGT Innovations and Corning Incorporated Collaborate to Develop Advanced Window Technologies

January 14, 2023 | nasdaq.com

PGT Innovations (PGTI) Shares Cross Above 200 DMA

January 12, 2023 | forbes.com

PGT Innovations

January 5, 2023 | finance.yahoo.com

PGT Innovations CEO elected as chair of Sarasota Manatee Airport Authority Board

January 3, 2023 | finance.yahoo.com

PGT Innovations' (NYSE:PGTI) investors will be pleased with their 23% return over the last three years

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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PGTI Company Calendar

Last Earnings: 2/22/2023
Today: 3/27/2023
Next Earnings (Estimated): 5/11/2023
Fiscal Year End: 12/31/2023

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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: 5,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $24.00
High Stock Price Forecast: $27.00
Low Stock Price Forecast: $19.00
Forecasted Upside/Downside: +6.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.64
Trailing P/E Ratio: 13.81
Forward P/E Ratio: 13.40
P/E Growth: N/A
Net Income: $98.88 million
Net Margins: 6.63%
Pretax Margin: 8.79%
Return on Equity: 19.35%
Return on Assets: 7.29%

Debt

Debt-to-Equity Ratio: 1.02
Current Ratio: 2.24
Quick Ratio: 1.63

Sales & Book Value

Annual Sales: $1.49 billion
Price / Sales: 0.91
Cash Flow: $3.00 per share
Price / Cash Flow: 7.55
Book Value: $10.47 per share
Price / Book: 2.16

Miscellaneous

Outstanding Shares: 60,180,000
Free Float: 57,470,000
Market Cap: $1.36 billion
Optionable: Optionable
Beta: 1.42

Key Executives

Jeff Jackson
President, Chief Executive Officer & Director

Mike Wothe
Executive Vice President-Operations

Craig Henderson
Chief Financial Officer & Vice President-Finance

Robert Andrew Keller
SVP-Product Innovation, Research & Development

Lynn Miller
Manager-Code Compliance

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 1 hold rating and 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.
What is PGT Innovations' stock price forecast for 2023?: 2 analysts have issued twelve-month price objectives for PGT Innovations' stock. Their PGTI share price forecasts range from $19.00 to $27.00. On average, they predict the company's stock price to reach $24.00 in the next year. This suggests a possible upside of 5.3% 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 2023. Since then, PGTI stock has increased by 26.9% and is now trading at $22.80.
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, May 11th 2023.
View our PGTI earnings forecast.
How were PGT Innovations' earnings last quarter?: PGT Innovations, Inc. (NYSE:PGTI) released its quarterly earnings data on Wednesday, February, 22nd. The construction company reported $0.27 EPS for the quarter, missing analysts' consensus estimates 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 trailing twelve-month return on equity of 19.35% and a net margin of 6.63%. The firm's revenue was up 12.0% on a year-over-year basis. During the same period last year, the business posted $0.31 earnings per share.
What ETFs hold PGT Innovations' stock?: 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), Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco S&P SmallCap Value with Momentum ETF (XSVM), First Trust Small Cap Value AlphaDEX Fund (FYT), Global X Green Building ETF (GRNR), Principal U.S. Small-Cap Adaptive Multi-Factor ETF (PLTL) and SPDR S&P 600 Small Cap Growth ETF (SLYG).
What guidance has PGT Innovations issued on next quarter's earnings?: PGT Innovations updated its first quarter 2023 earnings guidance on Wednesday, February, 22nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $370.00 million-$390.00 million, compared to the consensus revenue estimate of $365.30 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 a variety of institutional and retail investors. Top institutional shareholders include Cooke & Bieler LP (5.30%), Dimensional Fund Advisors LP (4.12%), William Blair Investment Management LLC (2.55%), The Manufacturers Life Insurance Company (2.11%), Geode Capital Management LLC (1.75%) and Systematic Financial Management LP (1.61%). 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.
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 $22.80.
How much money does PGT Innovations make?: PGT Innovations (NYSE:PGTI) has a market capitalization of $1.37 billion and generates $1.49 billion in revenue each year. The construction company earns $98.88 million in net income (profit) each year or $1.64 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 3/27/2023 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

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About PGT Innovations (NYSE:PGTI) Stock

PGTI Stock News Headlines

PGTI Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

PGTI Stock - Frequently Asked Questions

Overall MarketRank^™