Equities research analysts predict that Ply Gem Holdings, Inc. (NYSE:PGEM) will report $569.61 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Ply Gem Holdings’ earnings. The lowest sales estimate is $569.10 million and the highest is $570.23 million. Ply Gem Holdings reported sales of $530.39 million in the same quarter last year, which indicates a positive year over year growth rate of 7.4%. The company is expected to issue its next quarterly earnings report before the market opens on Monday, November 6th.

According to Zacks, analysts expect that Ply Gem Holdings will report full year sales of $569.61 million for the current fiscal year, with estimates ranging from $2.04 billion to $2.05 billion. For the next financial year, analysts expect that the firm will report sales of $2.17 billion per share, with estimates ranging from $2.13 billion to $2.22 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that cover Ply Gem Holdings.

Ply Gem Holdings (NYSE:PGEM) last announced its quarterly earnings data on Monday, August 7th. The construction company reported $0.44 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.47 by ($0.03). The business had revenue of $544.80 million during the quarter, compared to analysts’ expectations of $548.58 million. Ply Gem Holdings had a return on equity of 857.19% and a net margin of 4.45%. During the same quarter last year, the company posted $0.62 EPS. Ply Gem Holdings’s revenue for the quarter was up 6.7% compared to the same quarter last year.

Several research analysts have issued reports on the stock. Zacks Investment Research cut shares of Ply Gem Holdings from a “buy” rating to a “hold” rating in a report on Friday, June 23rd. BidaskClub raised shares of Ply Gem Holdings from a “sell” rating to a “hold” rating in a research report on Thursday, August 31st. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and set a $19.00 price objective (down from $20.00) on shares of Ply Gem Holdings in a research note on Tuesday, August 8th. 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 has a consensus rating of “Hold” and an average target price of $20.33.

Shares of Ply Gem Holdings (NYSE:PGEM) remained flat at $17.00 during mid-day trading on Wednesday. The company had a trading volume of 19,059 shares. The stock’s 50-day moving average price is $15.90 and its 200 day moving average price is $17.34. Ply Gem Holdings has a 1-year low of $12.85 and a 1-year high of $20.00. The stock has a market cap of $1.16 billion, a PE ratio of 13.42 and a beta of 2.52.

A number of large investors have recently bought and sold shares of the stock. Renaissance Technologies LLC grew its holdings in Ply Gem Holdings by 50.0% in the first quarter. Renaissance Technologies LLC now owns 1,237,900 shares of the construction company’s stock worth $24,387,000 after purchasing an additional 412,500 shares during the last quarter. Principal Financial Group Inc. acquired a new position in shares of Ply Gem Holdings during the second quarter valued at about $3,602,000. Driehaus Capital Management LLC acquired a new position in shares of Ply Gem Holdings during the first quarter valued at about $3,480,000. Paradigm Capital Management Inc. NY increased its holdings in shares of Ply Gem Holdings by 20.2% during the second quarter. Paradigm Capital Management Inc. NY now owns 961,681 shares of the construction company’s stock valued at $17,262,000 after acquiring an additional 161,281 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Ply Gem Holdings by 7.6% during the first quarter. Vanguard Group Inc. now owns 2,080,933 shares of the construction company’s stock valued at $40,993,000 after acquiring an additional 146,869 shares in the last quarter. 29.70% of the stock is owned by institutional investors.

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Ply Gem Holdings Company Profile

Ply Gem Holdings, Inc is a manufacturer of exterior building products in North America. The Company operates through two segments: Siding, Fencing, and Stone, and Windows and Doors. In the Siding, Fencing, and Stone segment, its principal products include vinyl siding and skirting, vinyl and aluminum soffit, aluminum trim coil, cellular PVC trim and moldings, J-channels, wide crown molding, window and door trim, F-channels, H-molds, fascia, undersill trims, outside/inside corner posts, rain removal systems, injection molded designer accents, such as shakes, shingles, scallops, shutters, vents and mounts, vinyl fence, vinyl railing and stone veneer in the United States and Canada.

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