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.
A number of analysts gave price targets for PGTI. The maximum price target given was 14, implying potential capital gains of 21.74 percent. The most pessimistic price target was 11, implying potential capital losses of -4.35 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
PGTI has an estimated earnings growth rate of 13.93 percent as forecasted by analysts. 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 people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, 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 a 52-week high of 12.49 and a 52-week low of 8.69. Currently the stock is 32.34 percent higher than its low, 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's next earnings release will be on 2017-02-23, which is -700 days away.