PGT (PGTI) : The consensus on PGT (PGTI) based on 9 analyst recommendation on the company stock is 1.67, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
PGT (PGTI) stock is expected to deviate a maximum of $1.31 from the average target price of $13.19 for the short term period. 8 Street Experts have initiated coverage on the stock with the most promising target being $15 and the most muted being $11.
For the current week, the company shares have a recommendation consensus of Buy. PGT (NASDAQ:PGTI): The stock opened at $11.62 on Thursday but the bulls could not build on the opening and the stock topped out at $11.67 for the day. The stock traded down to $11.41 during the day, due to lack of any buying support eventually closed down at $11.51 with a loss of -0.78% for the day. The stock had closed at $11.60 on the previous day. The total traded volume was 393,673 shares.
In a related news,The director officer (CHAIRMAN and CEO) of Pgt, Inc., Hershberger Rodney sold 55,803 shares at $12.07 on July 26, 2016. The Insider selling transaction had a total value worth of $673,542. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
PGT, Inc. is a manufacturer and supplier of residential impact-resistant windows and doors. The Companys impact-resistant products are marketed under WinGuard, PremierVue, PGT Architectural Systems and PGT Commercial Storefront System brand names, combine heavy-duty aluminum or vinyl frames with laminated glass to provide protection from hurricane-force winds and wind-borne debris by maintaining their structural integrity and preventing penetration by impacting objects. The Company also manufactures non-impact resistant products in both aluminum and vinyl frames, including its SpectraGuard line of products. The Company conducts business in the Southeastern United States, Gulf Coast, Coastal mid-Atlantic, the Caribbean, Central America and Canada.