Raymond James Cuts Rating On PGT Innovations, Inc. (PGTI)

Paterniano Del Favero
Agosto 6, 2017

American International Group Inc. owned 0.06% of PGT Innovations worth $316,000 as of its most recent SEC filing.

A number of large investors have recently modified their holdings of PGTI.

New York-based Tower Research Limited (Trc) has invested 0% in PGT Innovations Inc (NYSE:PGTI).

TRADEMARK VIOLATION WARNING: "Parametric Portfolio Associates LLC Has $368,000 Position in PGT Innovations Inc (NASDAQ:PGTI)" was reported by Markets Daily and is owned by of Markets Daily. Gamco Investors INC. ET AL increased its position in shares of PGT Innovations by 40.7% in the second quarter. Moreover, Perritt Capital Management Inc has 0.93% invested in the company for 333,150 shares. The company had a trading volume of 540,501 shares. The firm had revenue of $137.38 million during the quarter, compared to analysts' expectations of $127.79 million.

Several other research firms have also issued reports on PGTI. Finally, TheStreet upgraded PGT Innovations from a "c+" rating to a "b-" rating in a research note on Thursday, June 22nd. WI increased its stake in shares of PGT Innovations by 21.4% in the first quarter. Gsa Capital Ptnrs Llp has 11,076 shares for 0.01% of their portfolio. On February 1 the company was upgraded from "Neutral" to "Buy" in a statement from Dougherty & Company. On May 9, 2016 Gabelli & Co issued its first research report on the stock giving it an initial rating of "Buy" and a price target of $15.00. The company's 50 day moving average is $12.68 and its 200-day moving average is $11.49. During the same period in the prior year, the company posted $0.15 EPS. Louisiana State Employees Retirement System now owns 20,000 shares of the construction company's stock worth $215,000 after buying an additional 300 shares in the last quarter. The stock presently has an average rating of "Hold" and a consensus price target of $13.00. The firm owned 29,421 shares of the construction company's stock after selling 5,790 shares during the period. The firm has a market cap of $640.00 million, a PE ratio of 26.00 and a beta of 0.93. Craig-Hallum downgraded the shares of PGTI in report on Friday, August 7 to "Buy" rating. PGT Innovations had a net margin of 2.66% and a return on equity of 8.95%.

In terms of earnings per share, 6 analysts have a 0.22 EPS mean target for the quarter ending Sep-17, for the quarter ending Dec-17, 6 analysts have a 0.11 EPS mean target and for the quarter ending Dec-17 there are 7 estimates of 0.58 EPS. The firm's revenue was up 15.4% compared to the same quarter previous year. If you are reading this article on another domain, it was stolen and reposted in violation of United States and global trademark & copyright laws. Goldman Sachs downgraded TerraForm Global Inc (NASDAQ:GLBL) on Wednesday, December 2 to "Sell" rating.

The stock increased 0.38% or $0.05 during the last trading session, reaching $13.05.

PGT Innovations, Inc., formerly PGT, Inc., is a maker of impact-resistant windows and doors. Zacks Investment Research raised PGT Innovations from a "sell" rating to a "hold" rating in a research note on Thursday, April 6th. PGT Innovations Inc has a 52 week low of $9.50 and a 52 week high of $13.85.

The biggest institutional shareholders in PGT Innovations, Inc. include BlackRock Fund Advisors which owns 5 million shares in the company valued at $66.59 million. CGI serves residential and commercial markets in both new and existing construction.

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