PGT Innovations Inc (NYSE: PGTI) has reported E.P.S. of $0.68 for its third fiscal quarter (ending September 30) versus $0.51 for the same period a year ago — an increase of 33%. Relative to the consensus estimate of $0.60, this was a premium of $0.08. For the latest four quarters through September 30, E.P.S. were $1.93 compared to $1.71 a year ago — an increase of 13%.
Recent Price Action
On 11/2/23, PGT Innovations Inc (NYSE: PGTI) stock declined by -1.5%, closing at $30.31. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, PGTI is expected to continue to be an important Value Builder.
PGT Innovations has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. PGT Innovations has a neutral Appreciation Score of 56 but a very high Power Rating of 98, and the Highest Value Trend Rating results.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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