PGT Innovations (PGTI) Stock Price, News & Analysis

Company Overview

PGT Innovations, Inc., together with its subsidiaries, engages in the manufacture and supply of impact-resistant aluminum frame windows and doors in the United States and internationally. The company provides heavy-duty aluminum or vinyl frames with laminated glass to provide protection from hurricane-force winds and wind-borne debris; and non-impact resistant vinyl windows with insulating glass and multi-chambered frames for various climate zones. It also offers customizable non-impact-resistant aluminum frame windows and doors; and non-glass vertical and horizontal sliding panels for porch enclosures, including vinyl-glazed aluminum-framed products used for enclosing screened-in porches that provide protection from inclement weather. In addition, the company provides premium aluminum impact-resistant products; aluminum impact-resistant windows and doors; vinyl energy-efficient impact-resistant windows; and commercial storefront window system and entry doors. Further, it provides impact and non-impact sliding glass and terrace doors; fixed picture, single hung, and horizontal rolling windows; aluminum thermally broken doors and windows; fixed and operating windows; sliding, folding, and hinged doors; and moving glass walls and windows. The company offers its products under the PGT, CGI, WinDoor, Western Window Systems, NewSouth Window Solutions, Eco Window Systems, Eco Window Systems, Anlin, Martin, and Eco Enterprises, Inc. brands. It serves window distributors, building supply distributors, window replacement dealers, enclosure contractors, and garage door installation dealers. The company was formerly known as PGT, Inc. and changed its name to PGT Innovations, Inc. in December 2016. PGT Innovations, Inc. was founded in 1980 and is headquartered in North Venice, Florida.

Key Stats

• Today's Range: $41.99 to $41.99
• 50-Day Range: $41.77 to $42.00
• 52-Week Range: $22.66 to $42.00
• Volume: N/A
• Average Volume: 1.18 million shs
• Market Capitalization: $2.40 billion
• P/E Ratio: 23.07
• Dividend Yield: N/A
• Price Target: $39.50
• Consensus Rating: Hold

PGT Innovations Stock Analysis - MarketRank™

PGT Innovations scored higher than 18% of companies evaluated by MarketBeat, and ranked 93rd out of 105 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

PGT Innovations has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

PGT Innovations has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 14.52%

Earnings Growth

Earnings for PGT Innovations are expected to grow by 14.52% in the coming year, from $2.48 to $2.84 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of PGT Innovations is 23.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of PGT Innovations is 23.07, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 20.32.

Price to Earnings Growth Ratio

PGT Innovations has a PEG Ratio of 1.05. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

PGT Innovations has a P/B Ratio of 3.63. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for PGTI.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

PGT Innovations does not currently pay a dividend.

Dividend Growth

PGT Innovations does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.2 / 5
• Environmental Score: -2.13

Short Interest

There is no current short interest data available for PGTI.

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, PGT Innovations insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.90% of the stock of PGT Innovations is held by insiders.

Percentage Held by Institutions

81.60% of the stock of PGT Innovations is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PGTI Stock Analysis - Frequently Asked Questions

How were PGT Innovations' earnings last quarter?

PGT Innovations, Inc. (NYSE:PGTI) announced its quarterly earnings results on Tuesday, February, 20th. The construction company reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by $0.11. The business's revenue was up .5% compared to the same quarter last year.

What other stocks do shareholders of PGT Innovations own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PGT Innovations investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), ServiceNow (NOW), Advanced Micro Devices (AMD) and Adobe (ADBE).

Company Calendar

• Last Earnings: 2/20/2024
• Today: 11/04/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Construction
• Industry: Metal doors, sash, & trim
• Sub-Industry: Building Products
• Current Symbol: NYSE:PGTI
• Previous Symbol: NASDAQ:PGTI
• CUSIP: 69336V10
• CIK: 1354327
• Web: www.pgtinnovations.com
• Phone: (941) 480-1600
• Fax: N/A
• Employees: 5,600
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $39.50
• High Stock Price Target: $42.00
• Low Stock Price Target: $37.00
• Potential Upside/Downside: -5.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.82
• Trailing P/E Ratio: 23.07
• Forward P/E Ratio: 16.93
• P/E Growth: 1.05
• Net Income: $107.40 million
• Net Margins: 7.25%
• Pretax Margin: 9.85%
• Return on Equity: 18.46%
• Return on Assets: 7.48%

Debt

• Debt-to-Equity Ratio: 0.93
• Current Ratio: 2.45
• Quick Ratio: 1.61

Sales & Book Value

• Annual Sales: $1.50 billion
• Price / Sales: 1.60
• Cash Flow: $3.23 per share
• Price / Cash Flow: 13.02
• Book Value: $11.57 per share
• Price / Book: 3.63

Miscellaneous

• Outstanding Shares: 57,262,000
• Free Float: 54,456,000
• Market Cap: $2.40 billion
• Optionable: Optionable
• Beta: 1.44