Wall Street analysts expect PGT Innovations Inc (NYSE:PGTI) to post earnings of $0.15 per share for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for PGT Innovations’ earnings. The highest EPS estimate is $0.18 and the lowest is $0.13. PGT Innovations posted earnings per share of $0.07 in the same quarter last year, which would indicate a positive year-over-year growth rate of 114.3%. The company is scheduled to announce its next quarterly earnings results on Thursday, May 3rd.
On average, analysts expect that PGT Innovations will report full year earnings of $0.86 per share for the current year, with EPS estimates ranging from $0.80 to $0.88. For the next fiscal year, analysts anticipate that the business will report earnings of $1.02 per share, with EPS estimates ranging from $0.95 to $1.07. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that cover PGT Innovations.
PGT Innovations (NYSE:PGTI) last released its quarterly earnings data on Tuesday, February 20th. The construction company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.04. PGT Innovations had a return on equity of 20.52% and a net margin of 7.80%. The business had revenue of $134.10 million during the quarter, compared to analysts’ expectations of $118.32 million. During the same quarter last year, the business posted $0.10 EPS. The business’s revenue was up 22.5% on a year-over-year basis.
Hedge funds have recently bought and sold shares of the stock. National Investment Services Inc. WI increased its position in PGT Innovations by 70.8% during the 4th quarter. National Investment Services Inc. WI now owns 40,500 shares of the construction company’s stock valued at $682,000 after buying an additional 16,787 shares in the last quarter. Mitsubishi UFJ Asset Management UK Ltd. bought a new position in PGT Innovations during the 4th quarter valued at approximately $1,920,000. Schwab Charles Investment Management Inc. increased its position in PGT Innovations by 7.0% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 226,166 shares of the construction company’s stock valued at $3,382,000 after buying an additional 14,717 shares in the last quarter. Dimensional Fund Advisors LP increased its position in PGT Innovations by 3.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,526,455 shares of the construction company’s stock valued at $37,770,000 after buying an additional 74,185 shares in the last quarter. Finally, American Century Companies Inc. increased its position in PGT Innovations by 5.1% during 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. 93.27% of the stock is owned by institutional investors.
PGT Innovations (NYSE PGTI) traded up $0.10 on Wednesday, hitting $19.00. The stock had a trading volume of 1,235,440 shares, compared to its average volume of 459,163. The stock has a market cap of $958.45, a PE ratio of 24.68, a PEG ratio of 1.26 and a beta of 0.93. The company has a current ratio of 3.49, a quick ratio of 2.58 and a debt-to-equity ratio of 1.21. PGT Innovations has a 52 week low of $10.00 and a 52 week high of $19.60.
PGT Innovations 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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