RBC Capital Increases PGT Price Target to $11.00 (PGTI)
Investment analysts at RBC Capital upped their target price on shares of PGT (NASDAQ:PGTI) from $9.00 to $11.00 in a note issued to investors on Thursday. RBC Capital’s price target would suggest a potential upside of 18.41% from the stock’s previous close.
PGTI has been the subject of a number of other recent research reports. Analysts at Raymond James reiterated a “strong-buy” rating on shares of PGT in a research note on Wednesday. They now have a $12.00 price target on the stock, down previously from $13.50. Separately, analysts at Deutsche Bank cut their price target on shares of PGT from $13.00 to $12.00 in a research note on Friday, May 9th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $12.06.
Shares of PGT (NASDAQ:PGTI) traded up 0.32% during mid-day trading on Thursday, hitting $9.29. 440,452 shares of the company’s stock traded hands. PGT has a one year low of $7.34 and a one year high of $12.61. The stock has a 50-day moving average of $8.45 and a 200-day moving average of $9.88. The company has a market cap of $439.4 million and a P/E ratio of 20.72.
PGT (NASDAQ:PGTI) last announced its earnings results on Tuesday, July 29th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.20. The company had revenue of $81.60 million for the quarter, compared to the consensus estimate of $130.97 million. On average, analysts predict that PGT will post $0.45 earnings per share for the current fiscal year.
PGT, Inc is a manufacturer and supplier of residential impact-resistant windows and doors. The Company’s impact-resistant products are marketed under the WinGuard, PremierVue and PGT Architectural Systems brand names, and combine aluminum or vinyl frames with laminated glass to provide protection from hurricane-force winds and wind-borne debris by maintaining their structural integrity and preventing penetration by impacting objects.
Receive News & Ratings for PGT Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PGT Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.