Analysts expect that PGT Innovations Inc (NYSE:PGTI) will post earnings of $0.14 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for PGT Innovations’ earnings. PGT Innovations reported earnings of $0.10 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 40%. The firm is scheduled to issue its next quarterly earnings report before the market opens on Tuesday, February 20th.

On average, analysts expect that PGT Innovations will report full-year earnings of $0.56 per share for the current financial year, with EPS estimates ranging from $0.55 to $0.57. For the next fiscal year, analysts expect that the company will post earnings of $0.73 per share, with EPS estimates ranging from $0.65 to $0.86. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that follow PGT Innovations.

PGTI has been the topic of a number of research analyst reports. BidaskClub downgraded PGT Innovations from a “hold” rating to a “sell” rating in a report on Saturday, October 21st. B. Riley reiterated a “buy” rating on shares of PGT Innovations in a report on Wednesday, November 1st. Royal Bank of Canada reiterated a “buy” rating on shares of PGT Innovations in a report on Thursday, November 30th. Finally, Dougherty & Co upgraded PGT Innovations from a “neutral” rating to a “buy” rating in a report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $17.25.

In other PGT Innovations news, Director William J. Morgan sold 41,395 shares of the business’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $15.71, for a total value of $650,315.45. Following the transaction, the director now owns 75,508 shares in the company, valued at $1,186,230.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard D. Feintuch sold 50,000 shares of the business’s stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $16.05, for a total value of $802,500.00. Following the completion of the transaction, the director now owns 75,508 shares in the company, valued at approximately $1,211,903.40. The disclosure for this sale can be found here. Insiders own 6.10% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of PGTI. BlackRock Inc. grew its stake in PGT Innovations by 5.5% in the fourth quarter. BlackRock Inc. now owns 7,310,563 shares of the construction company’s stock valued at $123,183,000 after purchasing an additional 383,418 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of PGT Innovations by 132.4% in the third quarter. Russell Investments Group Ltd. now owns 357,058 shares of the construction company’s stock worth $5,338,000 after buying an additional 203,395 shares during the last quarter. Columbus Circle Investors acquired a new stake in shares of PGT Innovations in the third quarter worth about $2,662,000. Prudential Financial Inc. lifted its position in shares of PGT Innovations by 140.0% in the third quarter. Prudential Financial Inc. now owns 257,380 shares of the construction company’s stock worth $3,848,000 after buying an additional 150,140 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of PGT Innovations by 6.1% in the second quarter. Dimensional Fund Advisors LP now owns 2,452,270 shares of the construction company’s stock worth $31,388,000 after buying an additional 140,054 shares during the last quarter. Hedge funds and other institutional investors own 91.74% of the company’s stock.

Shares of PGT Innovations (NYSE PGTI) traded down $0.10 during mid-day trading on Friday, hitting $15.10. The stock had a trading volume of 159,300 shares, compared to its average volume of 296,561. PGT Innovations has a twelve month low of $10.00 and a twelve month high of $17.60. The company has a quick ratio of 2.71, a current ratio of 3.67 and a debt-to-equity ratio of 1.50. The stock has a market capitalization of $754.84, a P/E ratio of 28.68, a price-to-earnings-growth ratio of 1.28 and a beta of 1.06.

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PGT Innovations Company Profile

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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