News stories about PGT Innovations (NASDAQ:PGTI) have been trending positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PGT Innovations earned a coverage optimism score of 0.37 on Accern’s scale. Accern also gave media stories about the construction company an impact score of 47.2354592287606 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
PGT Innovations (PGTI) traded down $0.05 during mid-day trading on Friday, hitting $14.90. The stock had a trading volume of 288,141 shares, compared to its average volume of 398,151. The company has a debt-to-equity ratio of 1.94, a quick ratio of 2.76 and a current ratio of 3.72. PGT Innovations has a one year low of $10.00 and a one year high of $15.20.
PGT Innovations (NASDAQ:PGTI) last posted its quarterly earnings results on Thursday, November 2nd. The construction company reported $0.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.03). The company had revenue of $126.90 million during the quarter, compared to analyst estimates of $129.82 million. PGT Innovations had a net margin of 7.46% and a return on equity of 28.98%. The business’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same period last year, the company earned $0.19 EPS.
PGTI has been the topic of a number of recent research reports. BidaskClub upgraded PGT Innovations from a “sell” rating to a “hold” rating in a research report on Friday, September 8th. SunTrust Banks, Inc. reiterated a “buy” rating on shares of PGT Innovations in a research report on Tuesday, September 12th. Dougherty & Co upgraded PGT Innovations from a “neutral” rating to a “buy” rating in a research report on Friday, November 3rd. KeyCorp reiterated a “hold” rating on shares of PGT Innovations in a research report on Tuesday, September 26th. Finally, FBR & Co reissued a “buy” rating and issued a $15.00 price target (up previously from $13.00) on shares of PGT Innovations in a research note on Monday, August 21st. One analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. PGT Innovations has an average rating of “Buy” and a consensus price target of $14.00.
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In other news, Director Brett N. Milgrim sold 8,894 shares of the stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $13.10, for a total value of $116,511.40. Following the transaction, the director now owns 55,760 shares of the company’s stock, valued at approximately $730,456. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 6.50% of the company’s stock.
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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