Ply Gem Holdings Given Average Recommendation of “Hold” by Analysts (NASDAQ:PGEM)
Ply Gem Holdings (NASDAQ:PGEM) has earned an average recommendation of “Hold” from the nine analysts that are currently covering the company, ARN reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $15.51.
Ply Gem Holdings (NASDAQ:PGEM) opened at 10.33 on Friday. Ply Gem Holdings has a 1-year low of $10.30 and a 1-year high of $23.43. The stock’s 50-day moving average is $11.70 and its 200-day moving average is $13.53. The company’s market cap is $700.8 million.
Ply Gem Holdings (NASDAQ:PGEM) last announced its earnings results on Monday, May 12th. The company reported ($0.76) earnings per share for the quarter, missing the analysts’ 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. On average, analysts predict that Ply Gem Holdings will post $0.08 earnings per share for the current fiscal year.
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.
Ply Gem Holdings, Inc (NASDAQ:PGEM) is a manufacturer of residential exterior building products in North America.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.