Ply Gem Holdings, Inc. (NYSE:PGEM)‘s stock had its “hold” rating restated by research analysts at KeyCorp in a research report issued on Tuesday.

PGEM has been the subject of a number of other research reports. BidaskClub cut shares of Ply Gem Holdings from a “hold” rating to a “sell” rating in a research note on Sunday, August 20th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $18.00 price target on shares of Ply Gem Holdings in a research report on Monday, October 16th. Zacks Investment Research lowered shares of Ply Gem Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Finally, J P Morgan Chase & Co reaffirmed a “neutral” rating and set a $19.00 price target (down from $20.00) on shares of Ply Gem Holdings in a research report on Tuesday, August 8th. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $18.50.

Ply Gem Holdings (NYSE:PGEM) traded up 1.82% during mid-day trading on Tuesday, reaching $16.75. 95,629 shares of the company were exchanged. The stock has a market capitalization of $1.15 billion, a price-to-earnings ratio of 13.22 and a beta of 2.52. The company’s 50 day moving average price is $16.53 and its 200-day moving average price is $17.09. Ply Gem Holdings has a 12-month low of $12.85 and a 12-month high of $20.00.

Ply Gem Holdings (NYSE:PGEM) last posted its earnings results on Monday, August 7th. The construction company reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.03). The company had revenue of $544.80 million for the quarter, compared to analyst estimates of $548.58 million. Ply Gem Holdings had a return on equity of 857.19% and a net margin of 4.45%. The business’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.62 EPS. On average, equities research analysts forecast that Ply Gem Holdings will post $1.19 earnings per share for the current fiscal year.

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A number of large investors have recently added to or reduced their stakes in the stock. Advisory Services Network LLC increased its position in Ply Gem Holdings by 15.1% during the second quarter. Advisory Services Network LLC now owns 19,473 shares of the construction company’s stock worth $350,000 after acquiring an additional 2,548 shares during the period. The Manufacturers Life Insurance Company increased its position in Ply Gem Holdings by 0.9% during the second quarter. The Manufacturers Life Insurance Company now owns 19,016 shares of the construction company’s stock worth $342,000 after acquiring an additional 171 shares during the period. State Street Corp increased its position in Ply Gem Holdings by 8.3% during the second quarter. State Street Corp now owns 389,644 shares of the construction company’s stock worth $6,995,000 after acquiring an additional 29,912 shares during the period. HighTower Advisors LLC increased its position in Ply Gem Holdings by 2.4% during the second quarter. HighTower Advisors LLC now owns 27,533 shares of the construction company’s stock worth $495,000 after acquiring an additional 649 shares during the period. Finally, Numeric Investors LLC increased its position in Ply Gem Holdings by 10.4% during the second quarter. Numeric Investors LLC now owns 292,406 shares of the construction company’s stock worth $5,249,000 after acquiring an additional 27,500 shares during the period. 30.01% of the stock is currently owned by institutional investors and hedge funds.

About Ply Gem Holdings

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.

Analyst Recommendations for Ply Gem Holdings (NYSE:PGEM)

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