Analyst Ratings for PGT Innovations Inc (PGTI)

Updated: 2016-12-28

Analysts covering PGT Innovations Inc (NASDAQ:PGTI) have given it a consensus rating of Buy. A consensus rating of Buy was previously issued for PGTI last month.

7 analysts declared PGTI a buy, 0 gave an overweight rating, 1 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

PGTI was given price targets by several analysts. The most optimistic analyst gave a price target of 14, implying potential capital gains of 21.74 percent. The lowest price target was 11, which equates to a potential downside of -4.35 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -25 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -2.74 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

PGTI has an estimated earnings growth rate of 13.93 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. PGTI has a PEG ratio of 1.78.

PGTI has traded between a high of 12.49 and a low of 8.69 over the past year. Currently the stock is 32.34 percent higher than its low, and below the high by 7.93 percent. PGTI has a P/E ratio of 24.86. Investors typically compare the P/E ratio to a company's peers in the industry. The PGTI value stock report compares PGTI to some of its peers using value stock charts. The market cap of PGTI is $0.56593 billion. PGTI will post this quarters earnings in -816 days, on 2017-02-23.