Ply Gem Holdings Hits New 1-Year Low at $9.26 (PGEM)
Ply Gem Holdings (NASDAQ:PGEM) shares hit a new 52-week low during trading on Friday , AnalystRatings.NET reports. The stock traded as low as $9.26 and last traded at $9.31, with a volume of 38,487 shares traded. The stock had previously closed at $9.43.
A number of research firms have recently commented on PGEM. 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 equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $14.90.
The stock’s 50-day moving average is $10.31 and its 200-day moving average is $12.19. The company’s market cap is $626.2 million.
Ply Gem Holdings (NASDAQ:PGEM) last announced its earnings results 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. Analysts expect that Ply Gem Holdings will post $0.19 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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