Wall Street brokerages expect that PGT Innovations Inc (NYSE:PGTI) will report $0.14 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for PGT Innovations’ earnings. PGT Innovations reported earnings of $0.10 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 40%. The business is scheduled to report its next earnings results on Tuesday, February 20th.

According to Zacks, analysts expect that PGT Innovations will report full-year earnings of $0.56 per share for the current fiscal year, with EPS estimates ranging from $0.55 to $0.57. For the next financial year, analysts forecast that the company will report earnings of $0.71 per share, with EPS estimates ranging from $0.65 to $0.75. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for PGT Innovations.

PGT Innovations (NYSE:PGTI) last announced its earnings results on Thursday, November 2nd. The construction company reported $0.16 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.03). PGT Innovations had a return on equity of 19.02% and a net margin of 4.87%. The company had revenue of $126.90 million for the quarter, compared to the consensus estimate of $129.82 million. During the same period last year, the firm posted $0.19 EPS. The company’s revenue was down 2.2% compared to the same quarter last year.

A number of equities analysts recently issued reports on PGTI shares. Royal Bank of Canada reaffirmed a “buy” rating on shares of PGT Innovations in a research report on Thursday, November 30th. B. Riley boosted their target price on shares of PGT Innovations from $15.00 to $18.00 and gave the stock a “buy” rating in a research report on Wednesday, November 15th. Dougherty & Co raised shares of PGT Innovations from a “neutral” rating to a “buy” rating in a research report on Friday, November 3rd. SunTrust Banks reaffirmed a “buy” rating on shares of PGT Innovations in a research report on Tuesday, September 12th. Finally, BidaskClub raised shares of PGT Innovations from a “hold” rating to a “buy” rating in a research report on Tuesday, October 3rd. One analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $16.67.

In other PGT Innovations news, Director William J. Morgan sold 41,395 shares of PGT Innovations stock in a transaction on Monday, November 20th. The shares were sold at an average price of $15.71, for a total transaction of $650,315.45. Following the sale, the director now owns 75,508 shares in the company, valued at $1,186,230.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Richard D. Feintuch sold 50,000 shares of the business’s stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $16.05, for a total transaction of $802,500.00. Following the completion of the sale, the director now owns 75,508 shares in the company, valued at approximately $1,211,903.40. The disclosure for this sale can be found here. 6.10% of the stock is owned by insiders.

Large investors have recently modified their holdings of the company. Piedmont Investment Advisors LLC acquired a new stake in shares of PGT Innovations in the 2nd quarter valued at $137,000. Citadel Advisors LLC acquired a new stake in shares of PGT Innovations in the 2nd quarter valued at $147,000. Empirical Finance LLC acquired a new stake in shares of PGT Innovations in the 3rd quarter valued at $160,000. Campbell & CO Investment Adviser LLC acquired a new stake in shares of PGT Innovations in the 3rd quarter valued at $170,000. Finally, State Board of Administration of Florida Retirement System acquired a new stake in shares of PGT Innovations in the 3rd quarter valued at $177,000. Institutional investors own 92.39% of the company’s stock.

Shares of PGT Innovations (PGTI) traded down $0.25 during mid-day trading on Wednesday, reaching $16.20. 179,100 shares of the company were exchanged, compared to its average volume of 315,884. PGT Innovations has a fifty-two week low of $10.00 and a fifty-two week high of $16.55. The company has a market capitalization of $816.92, a price-to-earnings ratio of 31.04, a P/E/G ratio of 1.81 and a beta of 1.21. The company has a debt-to-equity ratio of 1.50, a current ratio of 3.67 and a quick ratio of 2.71.

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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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