Ply Gem Holdings Inc (PGEM) is Initiated by RBC Capital Mkts to Outperform, Price Target at $16

Ply Gem Holdings Inc (PGEM) was Initiated by RBC Capital Mkts to “Outperform” and the brokerage firm has set the Price Target at $16. RBC Capital Mkts advised their investors in a research report released on Sep 20, 2016.

Many Wall Street Analysts have commented on Ply Gem Holdings Inc. Company shares were Reiterated by Imperial Capital on Aug 10, 2016 to “Outperform”, Firm has raised the Price Target to $ 18.50 from a previous price target of $17.50 .

On the company’s financial health, Ply Gem Holdings Inc reported $0.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 8, 2016. Analyst had a consensus of $0.56. The company had revenue of $510.50 million for the quarter, compared to analysts expectations of $533.16 million. The company’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.45 EPS.

Ply Gem Holdings Inc closed down -0.12 points or -0.91% at $13.08 with 164,749 shares getting traded on Friday. Post opening the session at $13.17, the shares hit an intraday low of $12.97 and an intraday high of $13.17 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Apr 14, 2016, David N Schmoll (SVP, Human Resources) sold 32,472 shares at $15.35 per share price. According to the SEC, on Apr 14, 2016, John Wayne (EVP, Chief Operating Officer) sold 58,679 shares at $15.04 per share price.

Ply Gem Holdings Inc. manufactures exterior building products in North America. The Company operates in two segments: Siding Fencing and Stone and Windows and Doors. The Siding Fencing and Stone segment offers vinyl siding and skirting vinyl and aluminum soffit aluminum trim coil cellular polyvinyl chloride trim and moldings J- channels F-channels wide crown molding window and door trim H-molds fascia undersill trims outside and inside corner posts rain removal systems and injection molded designer accents under the brands Variform Napco Mastic Home Exteriors Mitten Procanna (Canada only) Cellwood Ply Gem Trim Mouldings Ply Gem Leaf Relief Leaf Relief Snap Tight Leaf Smart and Leaf Logic. The Windows and Doors segment offers vinyl aluminum-clad vinyl aluminum wood and clad-wood windows and patio doors and steel wood and fiberglass entry doors under the Ply Gem Windows Simonton Windows Great Lakes Window Mastic by Ply Gem and Ply Gem Canada brands.

Ply Gem Holdings Inc

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