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Why is PGT Innovations Inc (PGTI) Stock down?
We've noticed a 100.00% decline in PGT Innovations Inc (PGTI) stock during the 2024-03-28 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
05 Sep, 2023:
PGT Innovations (PGTI) dropped 8.87% due to a "buy" to "hold" downgrade by StockNews.com. Truist Financial raised the target to $32.00, while Jefferies Financial maintained a "buy" rating with a $37.00 price target. PGT Innovations reported Q3 earnings of $0.58/share, slightly below revenue expectations at $384.90 million. Despite a 5.3% YoY revenue dip, the company holds a 7.15% net margin, an 18.47% return on equity, and is expected to achieve an EPS of 2.13 for the current fiscal year.
https://www.marketbeat.com/instant-alerts/nyse-pgti-a-buy-or-sell-right-now-2023-09-05/
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