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.

Several price targets were given for PGTI by the analysts covering the stock. The maximum price target given was 14, implying potential capital gains of 21.74 percent. The most pessimistic analyst gave a price target of 11, implying a possible loss of -4.35 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -25 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.74 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, 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 made negative revisions to their fiscal year's estimates.

The growth rate of PGTI's earnings is estimated by analysts to be 13.93 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of PGTI is 1.78.

PGTI has traded between a high of 12.49 and a low of 8.69 over the past year. The current market price is above the trailing year's low by 32.34 percent, and 7.93 percent below the high. PGTI has a price/earnings 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 is estimated to release their earnings results for the quarter on 2017-02-23, days from today.