Ply Gem Holdings Sets New 52-Week Low at $9.75 (PGEM)
Ply Gem Holdings (NASDAQ:PGEM)’s share price hit a new 52-week low during mid-day trading on Thursday , AR Network reports. The company traded as low as $9.75 and last traded at $9.89, with a volume of 99,584 shares changing hands. The stock had previously closed at $9.93.
Several analysts have recently commented on the stock. Analysts at Imperial Capital initiated coverage on shares of Ply Gem Holdings in a research note on Tuesday, June 24th. They set an “in-line” rating and a $10.00 price target on the stock. Separately, analysts at Goldman Sachs downgraded shares of Ply Gem Holdings from a “neutral” rating to a “sell” rating in a research note on Tuesday, June 17th. Finally, 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, three have given a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $14.90.
The stock has a 50-day moving average of $10.96 and a 200-day moving average of $12.74. The company’s market cap is $673.0 million.
Ply Gem Holdings (NASDAQ:PGEM) last issued its quarterly earnings data on Monday, May 12th. The company reported ($0.76) earnings per share (EPS) for the quarter, missing the 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 $0.22 earnings per share 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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