Equities research analysts expect Ply Gem Holdings Inc (NYSE:PGEM) to announce earnings of $0.22 per share for the current quarter, according to Zacks. Four analysts have provided estimates for Ply Gem’s earnings. The lowest EPS estimate is $0.18 and the highest is $0.29. Ply Gem reported earnings of $0.14 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 57.1%. The business is expected to issue its next quarterly earnings results on Friday, March 9th.

On average, analysts expect that Ply Gem will report full-year earnings of $1.05 per share for the current year, with EPS estimates ranging from $1.00 to $1.18. For the next year, analysts expect that the company will post earnings of $1.39 per share, with EPS estimates ranging from $1.34 to $1.48. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that follow Ply Gem.

Ply Gem (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 had a return on equity of 240.74% and a net margin of 3.02%. The company had revenue of $564.66 million for the quarter, compared to the consensus estimate of $563.96 million. During the same quarter last year, the business posted $0.75 EPS. Ply Gem’s quarterly revenue was up 6.5% on a year-over-year basis.

Several equities analysts have recently weighed in on PGEM shares. Royal Bank of Canada reiterated a “buy” rating and set a $19.00 price objective on shares of Ply Gem in a report on Tuesday, November 7th. Zacks Investment Research cut Ply Gem from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. BidaskClub cut Ply Gem from a “hold” rating to a “sell” rating in a report on Saturday, November 4th. Finally, KeyCorp reiterated a “hold” rating on shares of Ply Gem in a report on Tuesday, October 24th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $19.50.

Shares of Ply Gem (PGEM) traded down $0.05 on Tuesday, reaching $18.50. The company’s stock had a trading volume of 74,200 shares, compared to its average volume of 161,411. The company has a debt-to-equity ratio of 13.73, a quick ratio of 1.28 and a current ratio of 1.92. Ply Gem has a 12-month low of $14.55 and a 12-month high of $20.00. The company has a market capitalization of $1,270.00, a PE ratio of 21.02 and a beta of 2.50.

Institutional investors have recently made changes to their positions in the stock. Royce & Associates LP raised its position in Ply Gem by 34.4% in the 3rd quarter. Royce & Associates LP now owns 554,911 shares of the construction company’s stock valued at $9,461,000 after buying an additional 142,000 shares during the last quarter. Paradigm Capital Management Inc. NY increased its position in shares of Ply Gem by 20.2% during the 2nd quarter. Paradigm Capital Management Inc. NY now owns 961,681 shares of the construction company’s stock worth $17,262,000 after purchasing an additional 161,281 shares during the last quarter. LSV Asset Management increased its position in shares of Ply Gem by 225.3% during the 2nd quarter. LSV Asset Management now owns 158,079 shares of the construction company’s stock worth $2,837,000 after purchasing an additional 109,479 shares during the last quarter. Pzena Investment Management LLC increased its position in shares of Ply Gem by 127.1% during the 3rd quarter. Pzena Investment Management LLC now owns 1,952,430 shares of the construction company’s stock worth $33,289,000 after purchasing an additional 1,092,714 shares during the last quarter. Finally, Nationwide Fund Advisors increased its position in shares of Ply Gem by 20.7% during the 2nd quarter. Nationwide Fund Advisors now owns 45,830 shares of the construction company’s stock worth $823,000 after purchasing an additional 7,845 shares during the last quarter. 29.22% of the stock is currently owned by institutional investors and hedge funds.

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About Ply Gem

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.

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