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 most optimistic analyst gave a price target of 14, implying a possible profit of 21.74 percent. The minimum price target given was 11, implying potential capital losses of -4.35 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -25 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -2.74 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of PGTI to grow at a rate of 13.93 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. 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. Today's price is 32.34 percent above the 52-week low, and 7.93 percent lower than its 52-week 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 stock has a market capitalization of $0.56593 billion. PGTI is estimated to release their earnings results for the quarter on 2017-02-23, days from today.