Wall Street analysts predict that PGT, Inc. (NYSE:PGTI) will post $117.72 million in sales for the current quarter, Zacks Investment Research reports. Four analysts have provided estimates for PGT’s earnings, with estimates ranging from $114.30 million to $119.90 million. PGT reported sales of $109.50 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 7.5%. The business is scheduled to report its next earnings results on Tuesday, February 20th.

On average, analysts expect that PGT will report full year sales of $117.72 million for the current financial year, with estimates ranging from $495.00 million to $501.40 million. For the next fiscal year, analysts expect that the business will post sales of $540.15 million per share, with estimates ranging from $527.60 million to $554.43 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that cover PGT.

PGT (NYSE:PGTI) last posted its quarterly earnings results on Thursday, November 2nd. The construction company reported $0.16 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.03). The company had revenue of $126.90 million during the quarter, compared to analysts’ expectations of $129.82 million. PGT had a return on equity of 19.02% and a net margin of 4.87%. The company’s quarterly revenue was down 2.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.19 EPS.

Several research analysts recently commented on PGTI shares. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $17.00 price target on shares of PGT in a research note on Wednesday, November 15th. BidaskClub raised shares of PGT from a “sell” rating to a “hold” rating in a research note on Friday, September 8th. Dougherty & Co raised shares of PGT from a “neutral” rating to a “buy” rating in a research report on Friday, November 3rd. SunTrust Banks reissued a “buy” rating on shares of PGT in a research report on Tuesday, September 12th. Finally, B. Riley raised their target price on shares of PGT from $15.00 to $18.00 and gave the company a “buy” rating in a research report on Wednesday, November 15th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $16.67.

PGT (PGTI) opened at $16.20 on Monday. The company has a market cap of $804.50, a PE ratio of 30.57, a P/E/G ratio of 1.76 and a beta of 1.21. PGT has a 12 month low of $10.00 and a 12 month high of $16.45. The company has a quick ratio of 2.71, a current ratio of 3.67 and a debt-to-equity ratio of 1.50.

In other news, Director William J. Morgan sold 41,395 shares of the firm’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $15.71, for a total value of $650,315.45. Following the sale, the director now directly owns 75,508 shares in the company, valued at approximately $1,186,230.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Richard D. Feintuch sold 50,000 shares of the firm’s stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $16.05, for a total transaction of $802,500.00. Following the completion of the sale, the director now owns 75,508 shares in the company, valued at $1,211,903.40. The disclosure for this sale can be found here. Company insiders own 6.10% of the company’s stock.

Large investors have recently added to or reduced their stakes in the company. Gamco Investors INC. ET AL boosted its holdings in shares of PGT by 40.7% in the 2nd quarter. Gamco Investors INC. ET AL now owns 34,600 shares of the construction company’s stock valued at $443,000 after buying an additional 10,000 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of PGT by 5.6% in the 2nd quarter. Vanguard Group Inc. now owns 2,642,425 shares of the construction company’s stock valued at $33,823,000 after buying an additional 139,011 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of PGT by 5.1% in the 3rd quarter. American Century Companies Inc. now owns 245,213 shares of the construction company’s stock valued at $3,666,000 after buying an additional 12,004 shares in the last quarter. Capital Research Global Investors bought a new stake in shares of PGT in the 2nd quarter valued at about $2,041,000. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of PGT by 6.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,452,270 shares of the construction company’s stock valued at $31,388,000 after buying an additional 140,054 shares in the last quarter. Institutional investors and hedge funds own 92.43% of the company’s stock.

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PGT Company Profile

PGT Innovations, Inc, formerly PGT, Inc, is a manufacturer of impact-resistant windows and doors. The Company’s brands include CGI, PGT Windows + Doors and WinDoor. CGI serves residential and commercial markets in both new and existing construction. CGI manufacturing and delivery facilities are based in Miami, Florida.

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