Wall Street brokerages forecast that PGT Innovations Inc (NYSE:PGTI) will post earnings per share of $0.15 for the current quarter, according to Zacks. Four analysts have made 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 suggests 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 fiscal year, with EPS estimates ranging from $0.80 to $0.88. For the next financial year, analysts expect that the firm will report earnings of $1.02 per share, with EPS estimates ranging from $0.95 to $1.07. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover PGT Innovations.
PGT Innovations (NYSE:PGTI) last announced its quarterly earnings data on Tuesday, February 20th. The construction company reported $0.18 earnings per share (EPS) 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 company had revenue of $134.10 million for the quarter, compared to analysts’ expectations of $118.32 million. During the same quarter in the prior year, the firm earned $0.10 earnings per share. PGT Innovations’s revenue was up 22.5% compared to the same quarter last year.
Shares of PGT Innovations (PGTI) traded up $0.10 during trading hours on Wednesday, reaching $19.00. The company had a trading volume of 1,235,440 shares, compared to its average volume of 459,163. PGT Innovations has a 52 week low of $10.00 and a 52 week high of $19.60. The company has a market capitalization of $958.45, a PE ratio of 24.68, a P/E/G ratio of 1.26 and a beta of 0.93. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.58 and a current ratio of 3.49.
Institutional investors have recently bought and sold shares of the business. National Investment Services Inc. WI lifted its holdings in PGT Innovations by 70.8% during the fourth quarter. National Investment Services Inc. WI now owns 40,500 shares of the construction company’s stock worth $682,000 after buying an additional 16,787 shares during the period. Mitsubishi UFJ Asset Management UK Ltd. purchased a new stake in PGT Innovations during the fourth quarter worth $1,920,000. Schwab Charles Investment Management Inc. lifted its holdings in PGT Innovations by 7.0% during the third quarter. Schwab Charles Investment Management Inc. now owns 226,166 shares of the construction company’s stock worth $3,382,000 after buying an additional 14,717 shares during the period. Dimensional Fund Advisors LP lifted its holdings in PGT Innovations by 3.0% during the third quarter. Dimensional Fund Advisors LP now owns 2,526,455 shares of the construction company’s stock worth $37,770,000 after buying an additional 74,185 shares during the period. Finally, American Century Companies Inc. lifted its holdings in PGT Innovations by 5.1% during the third quarter. American Century Companies Inc. now owns 245,213 shares of the construction company’s stock worth $3,666,000 after buying an additional 12,004 shares during the period. Institutional investors own 93.27% of the company’s stock.
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About PGT Innovations
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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