PGT Innovations (PGTI) Receives News Sentiment Rating of 0.26

Press coverage about PGT Innovations (NYSE:PGTI) has trended positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PGT Innovations earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned news headlines about the construction company an impact score of 45.6845901322227 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

PGT Innovations (NYSE PGTI) opened at $17.15 on Monday. PGT Innovations has a one year low of $10.00 and a one year high of $17.60. The stock has a market cap of $851.68, a PE ratio of 32.36, a P/E/G ratio of 1.44 and a beta of 1.21. The company has a quick ratio of 2.71, a current ratio of 3.67 and a debt-to-equity ratio of 1.50.

PGT Innovations (NYSE:PGTI) last released its quarterly earnings results on Thursday, November 2nd. The construction company reported $0.16 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.03). PGT Innovations had a return on equity of 19.02% and a net margin of 4.87%. The company had revenue of $126.90 million during the quarter, compared to the consensus estimate of $129.82 million. During the same period in the previous year, the company earned $0.19 earnings per share. PGT Innovations’s quarterly revenue was down 2.2% on a year-over-year basis. analysts anticipate that PGT Innovations will post 0.56 EPS for the current year.

A number of equities analysts recently issued reports on PGTI shares. BidaskClub downgraded shares of PGT Innovations from a “hold” rating to a “sell” rating in a research note on Saturday, October 21st. B. Riley reissued a “buy” rating on shares of PGT Innovations in a research note on Wednesday, November 1st. Royal Bank of Canada reissued a “buy” rating on shares of PGT Innovations in a research note on Thursday, November 30th. Dougherty & Co raised shares of PGT Innovations from a “neutral” rating to a “buy” rating in a research note on Friday, November 3rd. Finally, KeyCorp reissued a “hold” rating on shares of PGT Innovations in a research note on Tuesday, September 26th. One analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the stock. PGT Innovations has an average rating of “Buy” and an average price target of $16.67.

In other PGT Innovations news, Director William J. Morgan sold 41,395 shares of the company’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $15.71, for a total value of $650,315.45. Following the sale, 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 SEC, which is available through the SEC website. Also, Director Richard D. Feintuch sold 50,000 shares of the company’s stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $16.05, for a total transaction of $802,500.00. Following the completion of the sale, 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. 6.10% of the stock is currently owned by corporate insiders.

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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.

Insider Buying and Selling by Quarter for PGT Innovations (NYSE:PGTI)

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