Ply Gem Holdings Given Average Recommendation of “Hold” by Analysts (NASDAQ:PGEM)
Ply Gem Holdings (NASDAQ:PGEM) has received a consensus recommendation of “Hold” from the nine ratings firms that are covering the stock, Analyst Ratings Net reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $14.81.
A number of research firms have recently commented on PGEM. Analysts at Imperial Capital raised their price target on shares of Ply Gem Holdings from $10.00 to $10.50 in a research note on Tuesday. They now have an “in-line” rating on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Ply Gem Holdings in a research note on Monday. They now have a $10.50 price target on the stock, down previously from $12.00. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Ply Gem Holdings from $13.00 to $11.50 in a research note on Friday, August 8th. They now have a “neutral” rating on the stock.
Ply Gem Holdings (NASDAQ:PGEM) opened at 9.48 on Monday. Ply Gem Holdings has a 1-year low of $8.15 and a 1-year high of $18.45. The stock has a 50-day moving average of $9.43 and a 200-day moving average of $11.58. The company’s market cap is $643.2 million.
Ply Gem Holdings (NASDAQ:PGEM) last issued its quarterly earnings data on Friday, August 8th. The company reported $0.17 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.17. The company had revenue of $409.20 million for the quarter, compared to the consensus estimate of $404.45 million. Ply Gem Holdings’s revenue was up 11.2% compared to the same quarter last year. On average, analysts predict that Ply Gem Holdings will post $0.13 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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