Sentiment Report: PGT Inc (NASDAQ:PGTI)

PGT Innovations, Inc. (NYSE:PGTI) Logo

Sentiment for PGT Inc (NASDAQ:PGTI)

PGT Inc (NASDAQ:PGTI) institutional sentiment decreased to 0.99 in Q1 2019. Its down -0.43, from 1.42 in 2018Q4. The ratio worsened, as 93 investment managers increased and opened new positions, while 94 reduced and sold their stakes in PGT Inc. The investment managers in our partner’s database now hold: 48.66 million shares, down from 50.54 million shares in 2018Q4. Also, the number of investment managers holding PGT Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 39 Reduced: 55 Increased: 56 New Position: 37.

PGT Innovations, Inc. manufactures and supplies residential impact-resistant windows and doors in the Southeastern United States, the Gulf Coast, Coastal mid-Atlantic, the Caribbean, Central America, and Canada. The company has market cap of $826.20 million. The firm offers heavy-duty aluminum or vinyl frames with laminated glass to provide protection from hurricane-force winds and wind-borne debris; and non-impact vinyl windows with insulating glass and multi-chambered frames for various climate zones. It has a 16.37 P/E ratio. It also provides customizable non-impact-resistant aluminum frame windows and doors; and non-glass vertical and horizontal sliding panels for porch enclosures, including vinyl-glazed aluminum-framed products used for enclosing screened-in porches that provide protection from inclement weather, as well as cabana doors.

The stock increased 0.28% or $0.04 during the last trading session, reaching $14.16. About 214,599 shares traded. PGT Innovations, Inc. (NASDAQ:PGTI) has declined 33.11% since August 15, 2018 and is downtrending. It has underperformed by 33.11% the S&P500.

Spitfire Capital Llc holds 3.94% of its portfolio in PGT Innovations, Inc. for 272,347 shares. Rock Point Advisors Llc owns 273,170 shares or 1.78% of their US portfolio. Moreover, Copper Rock Capital Partners Llc has 1.04% invested in the company for 1.02 million shares. The New York-based Cooper Creek Partners Management Llc has invested 1.02% in the stock. Bbt Capital Management Llc, a Texas-based fund reported 43,193 shares.

Since January 1, 0001, it had 3 insider purchases, and 0 sales for $157,440 activity.

PGT Innovations, Inc. (NYSE:PGTI) Ratings Coverage

Ratings analysis reveals 100% of PGT Innovations’s analysts are positive. Out of 4 Wall Street analysts rating PGT Innovations, 4 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $18 while the high is $22. The stock’s average target of $20 is 41.24% above today’s ($14.16) share price. PGTI was included in 10 notes of analysts from February 28, 2019. SunTrust maintained the shares of PGTI in report on Thursday, February 28 with “Buy” rating. The rating was maintained by Dougherty on Thursday, February 28 with “Buy”. The rating was upgraded by KeyBanc Capital Markets to “Overweight” on Monday, March 11. FBR Capital maintained it with “Buy” rating and $20 target in Monday, March 11 report.

More notable recent PGT Innovations, Inc. (NYSE:PGTI) news were published by: Seekingalpha.com which released: “PGT Innovations, Inc. 2019 Q1 – Results – Earnings Call Slides – Seeking Alpha” on May 02, 2019, also Businesswire.com with their article: “PGT Innovations Completes Acquisition of Western Window Systems – Business Wire” published on August 13, 2018, Businesswire.com published: “PGT Innovations Makes Unprecedented $4 Million Restricted Stock Grant to Employees – Business Wire” on December 11, 2018. More interesting news about PGT Innovations, Inc. (NYSE:PGTI) were released by: Businesswire.com and their article: “PGT Innovations Secures Spot on Forbes’ Top Employer List – Business Wire” published on July 23, 2019 as well as Seekingalpha.com‘s news article titled: “PGTI Is Growth Opportunity With 30% Upside – Seeking Alpha” with publication date: November 30, 2018.

PGT Innovations, Inc. (NYSE:PGTI) Institutional Positions Chart

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