Ply Gem Holdings, Inc. (NYSE:PGEM) announced its quarterly earnings results on Monday. The construction company reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.04), Bloomberg Earnings reports. Ply Gem Holdings had a net margin of 4.45% and a return on equity of 857.19%. The firm had revenue of $564.66 million for the quarter, compared to analyst estimates of $563.96 million. During the same period last year, the firm posted $0.75 EPS. The business’s revenue was up 6.5% compared to the same quarter last year.
Ply Gem Holdings (NYSE PGEM) traded down $0.65 during mid-day trading on Monday, reaching $15.35. 26,631 shares of the company traded hands, compared to its average volume of 111,734. The company has a debt-to-equity ratio of 25.01, a current ratio of 1.79 and a quick ratio of 1.13. The firm has a market cap of $1,095.35, a price-to-earnings ratio of 12.40 and a beta of 2.51.
PGEM has been the subject of several analyst reports. Zacks Investment Research downgraded shares of Ply Gem Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. BidaskClub raised shares of Ply Gem Holdings from a “sell” rating to a “hold” rating in a report on Thursday, August 31st. Royal Bank Of Canada reissued a “buy” rating and set a $18.00 price target on shares of Ply Gem Holdings in a report on Monday, October 16th. KeyCorp reissued a “hold” rating on shares of Ply Gem Holdings in a report on Tuesday, October 24th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and set a $19.00 price target (down previously from $20.00) on shares of Ply Gem Holdings in a report on Tuesday, August 8th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $18.50.
About Ply Gem Holdings
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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