PGT Inc. (NASDAQ:PGTI) shot up 6.1% on Wednesday . The company traded as high as $11.03 and last traded at $11.00, with a volume of 859,104 shares trading hands. The stock had previously closed at $10.37.

A number of research firms have recently weighed in on PGTI. Zacks Investment Research upgraded shares of PGT from a “sell” rating to a “hold” rating in a research report on Wednesday, April 27th. Royal Bank Of Canada boosted their price objective on shares of PGT from $11.00 to $12.00 in a research report on Tuesday, April 12th. Dougherty & Co boosted their price objective on shares of PGT from $12.50 to $14.00 and gave the company a “buy” rating in a research report on Friday, May 6th. FBR & Co began coverage on shares of PGT in a research report on Wednesday, June 1st. They set an “outperform” rating and a $14.50 price objective for the company. Finally, Gabelli began coverage on shares of PGT in a research report on Monday, May 9th. They set a “buy” rating and a $15.00 price objective for the company. One equities research analyst has rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $14.31.

The stock has a 50-day moving average of $10.41 and a 200 day moving average of $10.13. The company has a market capitalization of $535.03 million and a P/E ratio of 29.70.

PGT (NASDAQ:PGTI) last released its earnings results on Thursday, May 5th. The company reported $0.09 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.01. The company had revenue of $100.20 million for the quarter, compared to the consensus estimate of $99.17 million. During the same period in the prior year, the company earned $0.14 earnings per share. The firm’s revenue was up 5.1% on a year-over-year basis. Analysts predict that PGT Inc. will post $0.57 EPS for the current fiscal year.

A number of hedge funds and institutional investors have recently made changes to their positions in PGTI. Cooke & Bieler LP increased its position in shares of PGT by 138.1% in the fourth quarter. Cooke & Bieler LP now owns 1,506,090 shares of the company’s stock valued at $17,154,000 after buying an additional 873,575 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of PGT by 8.3% in the fourth quarter. Wells Fargo & Company MN now owns 1,250,715 shares of the company’s stock valued at $14,245,000 after buying an additional 96,298 shares during the last quarter. American Century Companies Inc. purchased a new position in shares of PGT during the fourth quarter valued at approximately $12,602,000. Eagle Asset Management Inc. increased its position in shares of PGT by 35.7% in the fourth quarter. Eagle Asset Management Inc. now owns 434,467 shares of the company’s stock valued at $4,948,000 after buying an additional 114,333 shares during the last quarter. Finally, Comerica Bank increased its position in shares of PGT by 73.5% in the fourth quarter. Comerica Bank now owns 165,904 shares of the company’s stock valued at $1,604,000 after buying an additional 70,266 shares during the last quarter.

PGT, Inc is a manufacturer and supplier of residential impact-resistant windows and doors. The Company’s impact-resistant products are marketed under WinGuard, PremierVue, PGT Architectural Systems and PGT Commercial Storefront System brand names, combine heavy-duty aluminum or vinyl frames with laminated glass to provide protection from hurricane-force winds and wind-borne debris by maintaining their structural integrity and preventing penetration by impacting objects.

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