Ply Gem Holdings Sets New 1-Year Low at $10.50 (PGEM)
Ply Gem Holdings (NASDAQ:PGEM)’s share price reached a new 52-week low during trading on Tuesday , American Banking & Market News reports. The company traded as low as $10.50 and last traded at $10.72, with a volume of 295,772 shares traded. The stock had previously closed at $11.28.
A number of research firms have recently commented on PGEM. Analysts at Goldman Sachs downgraded shares of Ply Gem Holdings from a “neutral” rating to a “sell” rating in a research note on Tuesday. Separately, analysts at Stephens upgraded shares of Ply Gem Holdings from an “equal weight” rating to an “overweight” rating in a research note on Monday, May 19th. They now have a $13.00 price target on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $15.51.
The stock has a 50-day moving average of $11.89 and a 200-day moving average of $13.62. The company’s market cap is $742.8 million.
Ply Gem Holdings (NASDAQ:PGEM) last announced its earnings results on Monday, May 12th. The company reported ($0.76) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.43) by $0.33. The company had revenue of $269.50 million for the quarter, compared to the consensus estimate of $274.37 million. Analysts expect that Ply Gem Holdings will post $0.10 EPS for the current fiscal year.
Ply Gem Holdings, Inc (NASDAQ:PGEM) is a manufacturer of residential exterior building products in North America.
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