News coverage about PGT Industries (NYSE:PGTI) has trended somewhat positive recently, Accern reports. Accern scores the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. PGT Industries earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news stories about the construction company an impact score of 45.4754593412205 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
PGT Industries traded up $0.10, hitting $21.15, during midday trading on Tuesday, Marketbeat.com reports. The stock had a trading volume of 3,364 shares, compared to its average volume of 387,687. PGT Industries has a one year low of $12.25 and a one year high of $22.35. The stock has a market cap of $1.07 billion, a P/E ratio of 34.75, a price-to-earnings-growth ratio of 1.19 and a beta of 0.84. The company has a quick ratio of 3.11, a current ratio of 4.00 and a debt-to-equity ratio of 1.16.
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PGT Industries (NYSE:PGTI) last announced its quarterly earnings data on Tuesday, May 1st. The construction company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.05. PGT Industries had a return on equity of 22.75% and a net margin of 8.20%. The company had revenue of $140.30 million for the quarter, compared to analysts’ expectations of $129.63 million. During the same quarter in the prior year, the firm earned $0.07 earnings per share. PGT Industries’s revenue was up 24.5% compared to the same quarter last year. sell-side analysts anticipate that PGT Industries will post 0.93 EPS for the current fiscal year.
Several brokerages have recently weighed in on PGTI. Zacks Investment Research downgraded PGT Industries from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Gabelli downgraded PGT Industries from a “buy” rating to a “hold” rating and set a $22.00 price target on the stock. in a report on Thursday, June 14th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have given a buy rating to the company’s stock. PGT Industries has an average rating of “Buy” and an average price target of $18.71.
In other PGT Industries news, insider Jeffrey T. Jackson sold 85,533 shares of the stock in a transaction on Thursday, May 17th. The stock was sold at an average price of $18.68, for a total transaction of $1,597,756.44. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Bradley R. West sold 32,830 shares of the stock in a transaction on Thursday, May 17th. The shares were sold at an average price of $19.23, for a total value of $631,320.90. Following the sale, the chief financial officer now directly owns 115,337 shares in the company, valued at approximately $2,217,930.51. The disclosure for this sale can be found here. Insiders have sold a total of 201,964 shares of company stock worth $3,932,866 in the last ninety days. Insiders own 5.80% of the company’s stock.
About PGT Industries
PGT Innovations, Inc manufactures and supplies residential impact-resistant windows and doors in the Southeastern United States, the Gulf Coast, Coastal mid-Atlantic, the Caribbean, Central America, and Canada. The company offers heavy-duty aluminum or vinyl frames with laminated glass to provide protection from hurricane-force winds and wind-borne debris; and non-impact vinyl windows with insulating glass and multi-chambered frames for various climate zones.