The stock of PGT, Inc. (NASDAQ:PGTI) is a huge mover today! The stock decreased 3.75% or $0.4 during the last trading session, hitting $10.27. About 332,142 shares traded hands or 1.31% up from the average. PGT, Inc. (NASDAQ:PGTI) has risen 4.05% since March 1, 2016 and is uptrending. It has underperformed by 8.16% the S&P500.
The move comes after 5 months negative chart setup for the $498.93 million company. It was reported on Oct, 4 by Barchart.com. We have $8.93 PT which if reached, will make NASDAQ:PGTI worth $64.86M less.
Analysts await PGT, Inc. (NASDAQ:PGTI) to report earnings on November, 2. They expect $0.18 EPS, up 12.50% or $0.02 from last year’s $0.16 per share. PGTI’s profit will be $8.74M for 14.26 P/E if the $0.18 EPS becomes a reality. After $0.15 actual EPS reported by PGT, Inc. for the previous quarter, Wall Street now forecasts 20.00% EPS growth.
PGT, Inc. (NASDAQ:PGTI) Ratings Coverage
Out of 9 analysts covering PGT Inc. (NASDAQ:PGTI), 6 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 67% are positive. PGT Inc. has been the topic of 14 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The stock of PGT, Inc. (NASDAQ:PGTI) earned “Buy” rating by Gabelli on Monday, May 9. On Friday, November 6 the stock rating was maintained by RBC Capital Markets with “Outperform”. KeyBanc Capital Markets downgraded the shares of PGTI in a report on Wednesday, March 2 to “Sector Weight” rating. The firm earned “Neutral” rating on Monday, October 26 by Dougherty & Company. As per Friday, August 7, the company rating was maintained by RBC Capital Markets. Zacks downgraded PGT, Inc. (NASDAQ:PGTI) on Wednesday, August 12 to “Buy” rating. The firm has “Hold” rating by Craig Hallum given on Friday, August 7. The firm has “Buy” rating by Craig-Hallum given on Friday, August 7. The company was initiated on Thursday, August 27 by Sidoti. The rating was initiated by FBR Capital on Wednesday, June 1 with “Outperform”.
According to Zacks Investment Research, “PGT INDUSTRIES pioneered the U.S. impact-resistant window and door industry and today is the nation’s leading manufacturer and supplier of residential impact-resistant windows and doors. PGT is also one of the largest window and door manufacturers in the United States. The company’s total line of custom windows and doors is now available throughout the eastern United States, the Gulf Coast and in a growing international market, which includes the Caribbean, South America and Australia. PGT’s product line includes PGT Aluminum and Vinyl Windows and Doors; WinGuard Impact-Resistant Windows and Doors; PGT Architectural Systems; and Eze-Breeze Sliding Panels. PGT Industries is a wholly owned subsidiary of PGT, Inc.”
Insitutional Activity: The institutional sentiment increased to 1.54 in Q2 2016. Its up 0.14, from 1.4 in 2016Q1. The ratio increased, as 8 funds sold all PGT, Inc. shares owned while 38 reduced positions. 24 funds bought stakes while 47 increased positions. They now own 45.52 million shares or 0.89% less from 45.93 million shares in 2016Q1.
Moreover, Highbridge Management Limited Liability has 0% invested in PGT, Inc. (NASDAQ:PGTI) for 20,163 shares. Invesco Limited accumulated 0% or 60,047 shares. Acadian Asset Mgmt Ltd has 16 shares for 0% of their US portfolio. Moreover, Greenwood Assoc Llc has 0.21% invested in PGT, Inc. (NASDAQ:PGTI) for 65,566 shares. Qs Investors Ltd Llc holds 0% or 33 shares in its portfolio. The United Kingdom-based Blackrock Group Inc has invested 0% in PGT, Inc. (NASDAQ:PGTI). Td Asset has 10,000 shares for 0% of their US portfolio. Price T Rowe Assoc Inc Md owns 891,490 shares or 0% of their US portfolio. Millennium Mngmt Ltd Liability holds 15,295 shares or 0% of its portfolio. The New York-based Tower Rech Capital Ltd Liability Com (Trc) has invested 0% in PGT, Inc. (NASDAQ:PGTI). Finemark Retail Bank has 4,500 shares for 0.01% of their US portfolio. Deutsche Comml Bank Ag last reported 0% of its portfolio in the stock. Macquarie Gru Ltd reported 152,840 shares or 0% of all its holdings. Fincl Bank Of Montreal Can has invested 0% of its portfolio in PGT, Inc. (NASDAQ:PGTI). Moreover, Parametric Limited Liability Corp has 0% invested in PGT, Inc. (NASDAQ:PGTI) for 85,512 shares.
Insider Transactions: Since July 6, 2016, the stock had 0 insider buys, and 5 selling transactions for $2.52 million net activity. Hershberger Rodney sold 100,000 shares worth $1.12M. Ferrucci Mario III sold 16,872 shares worth $194,872.
More important recent PGT, Inc. (NASDAQ:PGTI) news were published by: Fool.com which released: “PGT, Inc. Downgraded: 3 Things You Need to Know” on March 02, 2016, also Seekingalpha.com published article titled: “PGT, Inc. Offers A Window Of Opportunity”, Nasdaq.com published: “PGT, Inc. Subsidiary to Acquire US Impact Systems” on September 06, 2016. More interesting news about PGT, Inc. (NASDAQ:PGTI) was released by: Streetinsider.com and their article: “PGT, Inc. (PGTI) to Acquire WinDoor in $102M Deal” with publication date: November 30, 2015.
PGTI Company Profile
PGT, Inc., incorporated on December 16, 2003, is a maker and supplier of residential impact-resistant windows and doors. The Firm operates through the manufacture and sale of windows and doors segment. The Company’s impact-resistant products are marketed under the WinGuard, PremierVue, PGT Architectural Systems and PGT Commercial Storefront System brand names, combine heavy-duty aluminum or vinyl frames with laminated glass to provide protection from hurricane-force winds and wind-borne debris. The Firm also makes non-impact resistant products in both aluminum and vinyl frames, including its SpectraGuard line of products. The Firm conducts business in the Southeastern United States, Gulf Coast, Coastal mid-Atlantic, the Caribbean, Central America and Canada. The Firm makes customizable aluminum and vinyl windows and doors and porch enclosure products focusing both the residential new construction, and repair and remodeling end markets.
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