Royal Bank Of Canada reissued their buy rating on shares of Ply Gem Holdings, Inc. (NYSE:PGEM) in a research report sent to investors on Wednesday. Royal Bank Of Canada currently has a $20.00 price target on the construction company’s stock.

A number of other research analysts have also recently weighed in on PGEM. J P Morgan Chase & Co reissued a neutral rating and set a $19.00 price objective (down from $20.00) on shares of Ply Gem Holdings in a research note on Tuesday, August 8th. Zacks Investment Research cut shares of Ply Gem Holdings from a hold rating to a sell rating in a research note on Friday, August 11th. BidaskClub raised shares of Ply Gem Holdings from a sell rating to a hold rating in a research note on Monday, August 14th. Finally, KeyCorp reissued a hold rating on shares of Ply Gem Holdings in a research note on Tuesday, October 24th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of $19.50.

Shares of Ply Gem Holdings (NYSE PGEM) remained flat at $$16.95 during trading on Wednesday. 220,267 shares of the stock were exchanged, compared to its average volume of 154,938. Ply Gem Holdings has a one year low of $14.55 and a one year high of $20.00. The company has a quick ratio of 1.28, a current ratio of 1.92 and a debt-to-equity ratio of 13.73. The company has a market capitalization of $1,160.00, a PE ratio of 17.74 and a beta of 2.50.

Ply Gem Holdings (NYSE:PGEM) last issued its earnings results on Monday, November 6th. The construction company reported $0.41 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.45 by ($0.04). Ply Gem Holdings had a net margin of 3.02% and a return on equity of 240.74%. The company had revenue of $564.66 million during the quarter, compared to analysts’ expectations of $563.96 million. During the same period last year, the business posted $0.75 earnings per share. The company’s quarterly revenue was up 6.5% on a year-over-year basis. analysts expect that Ply Gem Holdings will post 1.09 EPS for the current year.

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Several institutional investors and hedge funds have recently modified their holdings of the company. Algert Global LLC purchased a new position in shares of Ply Gem Holdings during the 3rd quarter worth approximately $1,643,000. Royce & Associates LP increased its stake in shares of Ply Gem Holdings by 34.4% during the 3rd quarter. Royce & Associates LP now owns 554,911 shares of the construction company’s stock worth $9,461,000 after purchasing an additional 142,000 shares in the last quarter. Allianz Asset Management GmbH purchased a new stake in Ply Gem Holdings in the 3rd quarter worth approximately $710,000. Dimensional Fund Advisors LP grew its stake in Ply Gem Holdings by 3.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,091,632 shares of the construction company’s stock worth $18,612,000 after acquiring an additional 36,481 shares during the period. Finally, Schwab Charles Investment Management Inc. grew its stake in Ply Gem Holdings by 1.5% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 270,193 shares of the construction company’s stock worth $4,607,000 after acquiring an additional 4,021 shares during the period. 30.31% of the stock is owned by institutional investors and hedge funds.

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, its principal products include vinyl siding and skirting, vinyl and aluminum soffit, aluminum trim coil, cellular PVC trim and 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.

Analyst Recommendations for Ply Gem Holdings (NYSE:PGEM)

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