Somewhat Positive News Coverage Somewhat Unlikely to Affect Ply Gem (NYSE:PGEM) Share Price

Headlines about Ply Gem (NYSE:PGEM) have trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ply Gem earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned news stories about the construction company an impact score of 45.9867222852638 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the media headlines that may have impacted Accern’s scoring:

Shares of NYSE:PGEM traded down $0.05 during trading on Thursday, hitting $21.60. 595,525 shares of the company traded hands, compared to its average volume of 616,620. The firm has a market capitalization of $1,480.82, a PE ratio of 22.27 and a beta of 2.42. Ply Gem has a one year low of $14.55 and a one year high of $22.20. The company has a current ratio of 1.72, a quick ratio of 1.12 and a debt-to-equity ratio of 10.08.

Ply Gem (NYSE:PGEM) last issued its quarterly earnings data on Monday, March 5th. The construction company reported $0.16 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.02). The business had revenue of $516.86 million for the quarter, compared to analyst estimates of $494.93 million. Ply Gem had a return on equity of 144.46% and a net margin of 3.32%. analysts predict that Ply Gem will post 1.54 EPS for the current fiscal year.

Several research firms have recently commented on PGEM. Royal Bank of Canada lowered Ply Gem from an “outperform” rating to a “sector perform” rating in a report on Wednesday, February 21st. Zacks Investment Research raised Ply Gem from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a report on Thursday, February 15th. Finally, ValuEngine raised Ply Gem from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $22.00.

In other news, insider John L. Buckley sold 32,725 shares of the business’s stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $22.00, for a total transaction of $719,950.00. Following the completion of the transaction, the insider now directly owns 32,724 shares in the company, valued at $719,928. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 68.90% of the company’s stock.

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Ply Gem Company Profile

Ply Gem Holdings, Inc manufactures and sells residential and commercial building products in the United States and Canada. It operates in two segments: Siding, Fencing, and Stone; and Windows and Doors. The Siding, Fencing, and Stone segment offers vinyl siding and skirting, steel siding, vinyl and aluminum soffit, aluminum trim and gutter coil, fabricated aluminum gutter, aluminum and steel roofing accessory, cellular polyvinyl chloride trim and moulding, J-channel, wide crown molding, window and door trim, F-channel, H-mold, fascia, undersill trim, outside/inside corner post, rain removal system, vinyl fence and railing, engineered slate and cedar shake roofing, and stone veneer products.

Insider Buying and Selling by Quarter for Ply Gem (NYSE:PGEM)

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