Analysts expect Ply Gem Holdings Inc (NYSE:PGEM) to report sales of $495.47 million for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Ply Gem’s earnings. The highest sales estimate is $505.00 million and the lowest is $481.46 million. Ply Gem reported sales of $462.29 million during the same quarter last year, which indicates a positive year-over-year growth rate of 7.2%. The company is scheduled to issue its next quarterly earnings results on Friday, March 9th.

On average, analysts expect that Ply Gem will report full year sales of $495.47 million for the current year, with estimates ranging from $2.02 billion to $2.04 billion. For the next fiscal year, analysts expect that the company will report sales of $2.16 billion per share, with estimates ranging from $2.13 billion to $2.19 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that follow Ply Gem.

Ply Gem (NYSE:PGEM) last posted its quarterly earnings results on Monday, November 6th. The construction company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.04). The firm had revenue of $564.66 million during the quarter, compared to analyst estimates of $563.96 million. Ply Gem had a net margin of 3.02% and a return on equity of 240.74%. The company’s revenue was up 6.5% on a year-over-year basis. During the same period last year, the company earned $0.75 EPS.

Several equities analysts have commented on the company. Royal Bank of Canada reaffirmed a “buy” rating and issued a $20.00 price target on shares of Ply Gem in a report on Wednesday, November 15th. Zacks Investment Research cut Ply Gem from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. BidaskClub cut Ply Gem from a “hold” rating to a “sell” rating in a report on Saturday, November 4th. Finally, KeyCorp reissued a “hold” rating on shares of Ply Gem in a report on Tuesday, October 24th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $19.50.

Several institutional investors and hedge funds have recently modified their holdings of the company. The Manufacturers Life Insurance Company raised its holdings in shares of Ply Gem by 0.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 19,016 shares of the construction company’s stock worth $342,000 after buying an additional 171 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of Ply Gem by 1.9% in the 2nd quarter. Wells Fargo & Company MN now owns 15,890 shares of the construction company’s stock worth $285,000 after buying an additional 293 shares in the last quarter. HighTower Advisors LLC raised its holdings in shares of Ply Gem by 2.4% in the 2nd quarter. HighTower Advisors LLC now owns 27,533 shares of the construction company’s stock worth $495,000 after buying an additional 649 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Ply Gem by 0.7% in the 2nd quarter. American Century Companies Inc. now owns 191,941 shares of the construction company’s stock worth $3,445,000 after buying an additional 1,428 shares in the last quarter. Finally, Menta Capital LLC raised its holdings in shares of Ply Gem by 5.0% in the 2nd quarter. Menta Capital LLC now owns 38,579 shares of the construction company’s stock worth $692,000 after buying an additional 1,837 shares in the last quarter. 29.22% of the stock is owned by institutional investors and hedge funds.

Ply Gem (PGEM) opened at $18.15 on Thursday. The company has a quick ratio of 1.28, a current ratio of 1.92 and a debt-to-equity ratio of 13.73. The company has a market capitalization of $1,263.25, a P/E ratio of 20.63 and a beta of 2.51. Ply Gem has a twelve month low of $14.55 and a twelve month high of $20.00.

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About Ply Gem

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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