PGT Inc Sentiment Worsening on Low Stock Potential

PGT Innovations, Inc. (NYSE:PGTI) Logo

Sentiment for PGT Inc (NASDAQ:PGTI)

PGT Inc (NASDAQ:PGTI) institutional sentiment decreased to 0.99 in 2019 Q1. Its down -0.43, from 1.42 in 2018Q4. The ratio worsened, as 93 funds opened new and increased equity positions, while 94 reduced and sold their positions in PGT Inc. The funds in our partner’s database now have: 48.66 million shares, down from 50.54 million shares in 2018Q4. Also, the number of funds holding PGT Inc in their top 10 equity 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. The firm has “Buy” rating by FBR Capital given on Monday, March 11. On Monday, March 11 the stock rating was upgraded by KeyBanc Capital Markets to “Overweight”. Dougherty maintained PGT Innovations, Inc. (NYSE:PGTI) on Thursday, February 28 with “Buy” rating. The firm has “Buy” rating by SunTrust given on Thursday, February 28.

More notable recent PGT Innovations, Inc. (NYSE:PGTI) news were published by: Businesswire.com which released: “PGT Innovations Announces New Leadership Appointments – Business Wire” on January 08, 2019, also Businesswire.com with their article: “PGTI Reports 2019 First Quarter Results – Business Wire” published on May 02, 2019, Bizjournals.com published: “No one wants a storm, but another hurricane would boost PGT Innovations, report says – Tampa Bay Business Journal” on September 04, 2018. More interesting news about PGT Innovations, Inc. (NYSE:PGTI) were released by: Businesswire.com and their article: “PGT Custom Windows + Doors Ranked #1 for Quality Patio Doors – Business Wire” published on April 18, 2019 as well as Businesswire.com‘s news article titled: “PGT Innovations Opens New Multi-Brand Showroom – Business Wire” with publication date: June 11, 2019.

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

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