Ply Gem Holdings (PGEM) Posts Quarterly Results
Ply Gem Holdings (NASDAQ:PGEM) released its earnings data on Friday. The company reported $0.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.17, American Banking News.com reports. The company had revenue of $409.20 million for the quarter, compared to the consensus estimate of $404.45 million.
Ply Gem Holdings (NASDAQ:PGEM) opened at 8.64 on Friday. Ply Gem Holdings has a 52-week low of $8.15 and a 52-week high of $18.97. The stock has a 50-day moving average of $9.51 and a 200-day moving average of $11.70. The company’s market cap is $586.1 million.
A number of analysts have recently weighed in on PGEM shares. 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. On a related note, 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, two have assigned a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $15.13.
Ply Gem Holdings, Inc (NASDAQ:PGEM) is a manufacturer of residential exterior building products in North America.
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