Shares of Ply Gem Holdings Inc. (NYSE:PGEM) have been assigned a consensus rating of “Hold” from the seven research firms that are currently covering the stock. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $16.92.

A number of equities research analysts recently weighed in on the stock. Credit Suisse Group AG set a $16.00 price target on shares of Ply Gem Holdings and gave the stock a “hold” rating in a research note on Monday, August 8th. JPMorgan Chase & Co. boosted their price target on shares of Ply Gem Holdings from $16.00 to $17.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 9th. Imperial Capital boosted their price target on shares of Ply Gem Holdings from $17.50 to $18.50 and gave the stock an “outperform” rating in a research note on Wednesday, August 10th. Zacks Investment Research downgraded shares of Ply Gem Holdings from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 12th. Finally, RBC Capital Markets assumed coverage on shares of Ply Gem Holdings in a research note on Tuesday, September 20th. They set an “outperform” rating and a $16.00 price target for the company.

Shares of Ply Gem Holdings (NYSE:PGEM) opened at 16.10 on Monday. Ply Gem Holdings has a 52-week low of $8.58 and a 52-week high of $16.30. The stock has a market cap of $1.10 billion, a P/E ratio of 14.12 and a beta of 2.52. The firm has a 50-day moving average of $14.21 and a 200-day moving average of $14.36.

Ply Gem Holdings (NYSE:PGEM) last posted its quarterly earnings results on Monday, November 7th. The company reported $0.75 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.08. The business earned $530.40 million during the quarter, compared to the consensus estimate of $368.14 million. Ply Gem Holdings had a net margin of 4.14% and a negative return on equity of 147.73%. Ply Gem Holdings’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.60 earnings per share. On average, equities analysts expect that Ply Gem Holdings will post $1.29 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. American International Group Inc. boosted its position in shares of Ply Gem Holdings by 0.4% in the second quarter. American International Group Inc. now owns 12,670 shares of the company’s stock worth $185,000 after buying an additional 45 shares in the last quarter. Pitcairn Co. boosted its position in shares of Ply Gem Holdings by 1.0% in the second quarter. Pitcairn Co. now owns 13,767 shares of the company’s stock worth $200,000 after buying an additional 142 shares in the last quarter. Rhumbline Advisers boosted its position in shares of Ply Gem Holdings by 1.0% in the third quarter. Rhumbline Advisers now owns 22,024 shares of the company’s stock worth $294,000 after buying an additional 220 shares in the last quarter. Parametric Portfolio Associates LLC boosted its position in shares of Ply Gem Holdings by 0.7% in the second quarter. Parametric Portfolio Associates LLC now owns 52,105 shares of the company’s stock worth $759,000 after buying an additional 376 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of Ply Gem Holdings by 4.8% in the third quarter. Wells Fargo & Company MN now owns 8,588 shares of the company’s stock worth $115,000 after buying an additional 393 shares in the last quarter. Hedge funds and other institutional investors own 30.60% of the company’s stock.

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Ply Gem Holdings Company Profile

Ply Gem Holdings, Inc is a manufacturer of exterior building products in North America. The Company operates through two segments: Siding, Fencing, and Stone, and Windows and Doors. In the Siding, Fencing, and Stone segment, the Company’s principal products include vinyl skirting, vinyl and aluminum soffit, aluminum trim coil, cellular PVC moldings, J-channels, wide crown molding, window and door trim, F-channels, H-molds, fascia, undersill trims, outside/inside corner posts, rain removal systems, injection molded designer accents, such as shakes, shingles, scallops, shutters, vents and mounts, vinyl fence, vinyl railing and stone veneer in the United States and Canada.

5 Day Chart for NYSE:PGEM

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