Somewhat Favorable News Coverage Somewhat Unlikely to Affect PGT Innovations (PGTI) Stock Price
News articles about PGT Innovations (NYSE:PGTI) have been trending somewhat positive on Monday, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. PGT Innovations earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned press coverage about the construction company an impact score of 45.0746499129265 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of analysts have weighed in on the company. B. Riley reiterated a “buy” rating on shares of PGT Innovations in a report on Wednesday, November 1st. KeyCorp reiterated a “hold” rating on shares of PGT Innovations in a report on Tuesday, September 26th. FBR & Co reiterated a “buy” rating and set a $15.00 price target (up from $13.00) on shares of PGT Innovations in a report on Monday, August 21st. BidaskClub upgraded PGT Innovations from a “hold” rating to a “buy” rating in a research note on Tuesday, October 3rd. Finally, Royal Bank of Canada restated a “buy” rating on shares of PGT Innovations in a research note on Thursday, November 30th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $16.67.
PGT Innovations (PGTI) opened at $16.25 on Monday. PGT Innovations has a 1 year low of $10.00 and a 1 year high of $16.50. The company has a debt-to-equity ratio of 1.50, a quick ratio of 2.71 and a current ratio of 3.67. The company has a market cap of $806.99, a P/E ratio of 30.66, a price-to-earnings-growth ratio of 1.79 and a beta of 1.21.
In other PGT Innovations news, Director Richard D. Feintuch sold 50,000 shares of the business’s stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $16.05, for a total transaction of $802,500.00. Following the sale, the director now owns 75,508 shares of the company’s stock, valued at approximately $1,211,903.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director William J. Morgan sold 41,395 shares of the business’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $15.71, for a total transaction of $650,315.45. Following the sale, the director now directly owns 75,508 shares in the company, valued at approximately $1,186,230.68. The disclosure for this sale can be found here. Insiders own 6.10% of the company’s stock.
About PGT Innovations
PGT Innovations, Inc, formerly PGT, Inc, is a manufacturer of impact-resistant windows and doors. The Company’s brands include CGI, PGT Windows + Doors and WinDoor. CGI serves residential and commercial markets in both new and existing construction. CGI manufacturing and delivery facilities are based in Miami, Florida.
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