PGT Innovations, Inc. manufactures and supplies impact-resistant residential windows and doors in the Southeastern United States, Western United States, the Gulf Coast, Coastal mid-Atlantic, the Caribbean, Central America, and Canada. More Details
Fair value with moderate growth potential.
Share Price & News
How has Innovations's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PGTI has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PGTI underperformed the US Building industry which returned 16% over the past year.
Return vs Market: PGTI underperformed the US Market which returned 19.5% over the past year.
Price Volatility Vs. Market
How volatile is Innovations's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StHere's What We Think About Innovations' (NYSE:PGTI) CEO Pay
2 weeks ago | Simply Wall StAre Innovations's (NYSE:PGTI) Statutory Earnings A Good Guide To Its Underlying Profitability?
4 weeks ago | Simply Wall StUpdate: Innovations (NYSE:PGTI) Stock Gained 50% In The Last Five Years
Is Innovations undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PGTI ($18.11) is trading below our estimate of fair value ($25.24)
Significantly Below Fair Value: PGTI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PGTI is poor value based on its PE Ratio (29.3x) compared to the US Building industry average (27.6x).
PE vs Market: PGTI is poor value based on its PE Ratio (29.3x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: PGTI is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: PGTI is good value based on its PB Ratio (2.4x) compared to the US Building industry average (3x).
How is Innovations forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PGTI's forecast earnings growth (24.6% per year) is above the savings rate (2.2%).
Earnings vs Market: PGTI's earnings (24.6% per year) are forecast to grow faster than the US market (22.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PGTI's revenue (5.3% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: PGTI's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PGTI's Return on Equity is forecast to be high in 3 years time
How has Innovations performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PGTI has a large one-off loss of $16.6M impacting its July 4 2020 financial results.
Growing Profit Margin: PGTI's current net profit margins (4.5%) are lower than last year (6.5%).
Past Earnings Growth Analysis
Earnings Trend: PGTI's earnings have grown significantly by 20.8% per year over the past 5 years.
Accelerating Growth: PGTI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PGTI had negative earnings growth (-26.8%) over the past year, making it difficult to compare to the Building industry average (-13.2%).
Return on Equity
High ROE: PGTI's Return on Equity (8%) is considered low.
How is Innovations's financial position?
Financial Position Analysis
Short Term Liabilities: PGTI's short term assets ($277.1M) exceed its short term liabilities ($95.6M).
Long Term Liabilities: PGTI's short term assets ($277.1M) do not cover its long term liabilities ($494.3M).
Debt to Equity History and Analysis
Debt Level: PGTI's debt to equity ratio (93.5%) is considered high.
Reducing Debt: PGTI's debt to equity ratio has reduced from 202.6% to 93.5% over the past 5 years.
Debt Coverage: PGTI's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: PGTI's interest payments on its debt are well covered by EBIT (3.3x coverage).
What is Innovations's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate PGTI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate PGTI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if PGTI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if PGTI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of PGTI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Jackson (54 yo)
Mr. Jeffrey T. Jackson, also known as Jeff, CPA, has been the Chief Executive Officer and President of PGT Innovations, Inc. since January 1, 2018 and May 2014 respectively. He served as Chief Operating Of ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD2.49M) is about average for companies of similar size in the US market ($USD2.82M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
|Co-Founder & Chairman of the Board||6.67yrs||US$138.50k||2.34% |
|Senior VP & CFO||1.5yrs||US$887.84k||0.060% |
|Senior VP of Corporate Development & Treasurer||1.5yrs||US$563.10k||0.17% |
|Senior Vice President of Corporate Sales & Innovation||1.75yrs||US$599.05k||0.059% |
|Senior VP & President of Southeast Business Unit||1.75yrs||US$695.76k||0.075% |
|Communications Manager||no data||no data||no data|
|Senior VP & Chief Marketing Officer||0.75yr||no data||no data|
|Senior Vice President of Human Resources||6.75yrs||US$349.93k||no data|
|Senior VP of Business Integration||no data||US$553.72k||no data|
|President of Western Window Systems||0.83yr||no data||0.012% |
|VP & Corporate Controller||2.25yrs||no data||no data|
Experienced Management: PGTI's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|Co-Founder & Chairman of the Board||6.67yrs||US$138.50k||2.34% |
|Independent Director||15.75yrs||US$133.50k||0.049% |
|Independent Director||1.75yrs||US$156.19k||0.020% |
|Independent Director||17.75yrs||US$133.50k||0.11% |
|Independent Director||4.67yrs||US$133.50k||0.044% |
|Independent Director||16.75yrs||US$136.25k||0.24% |
|Independent Director||14.75yrs||US$141.00k||0.19% |
|Independent Director||13.33yrs||US$143.50k||0.11% |
Experienced Board: PGTI's board of directors are seasoned and experienced ( 13.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PGTI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
PGT Innovations, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: PGT Innovations, Inc.
- Ticker: PGTI
- Exchange: NYSE
- Founded: 1980
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: US$1.068b
- Shares outstanding: 58.96m
- Website: https://pgtinnovations.com
Number of Employees
- PGT Innovations, Inc.
- 1070 Technology Drive
- North Venice
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PGTI||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jun 2006|
|P9I||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jun 2006|
PGT Innovations, Inc. manufactures and supplies impact-resistant residential windows and doors in the Southeastern United States, Western United States, the Gulf Coast, Coastal mid-Atlantic, the Caribbean, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/20 00:00|
|End of Day Share Price||2020/10/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.