PGT Innovations Up 18.6% in Past 3 Months: Here’s Why

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Pgt Innovations Stock Fair Value – PGT ($NYSE:PGTI) Innovations, Inc. has had a great run on the stock market with its share prices rising by 18.6% in the past 3 months. What’s driving this impressive run? There are several reasons behind the company’s strong performance.

First, PGTI is benefiting from the strong housing market. The company is a leading manufacturer of impact-resistant windows and doors, and demand for its products is soaring as more and more homeowners look to protect their homes from hurricanes and other severe weather events. Second, PGTI is benefiting from a rebound in the commercial construction market. The company’s products are used in a wide range of commercial buildings, and as the construction market improves, demand for PGTI’s products is also rising. Finally, the company is seeing strong growth in its international business. PGTI is expanding its reach into new markets, and this is driving strong sales growth. Overall, PGTI is benefiting from strong demand in both the residential and commercial markets, and its international business is also seeing robust growth. These factors are all driving the company’s share price higher.

Stock Price

In the past three months, shares of PGT Innovations have risen by 18.6%. On Wednesday, the stock opened at $19.80 and closed at $20.50, a 6.0% increase from its previous closing price of $19.30. There are several reasons for this rise in share price.

First, the company has been delivering strong financial results. In its most recent quarter, PGT Innovations reported revenue and earnings that were both above analyst expectations. Second, the company has been winning new contracts and expanding its business. Investors are clearly bullish on PGT Innovations, and the company’s strong fundamentals and growth prospects warrant this optimism.

VI Analysis – Pgt Innovations Stock Fair Value

PGT Innovations is a company with strong fundamentals that reflect its long-term potential. The company’s intrinsic value is around $25.9, which is calculated by VI Line. PGT Innovations is currently traded at $20.5, which is undervalued by 21%.

Summary

investors may be bullish on PGT INNOVATIONS because the stock price has moved up by 18.6% over the past three months. This could be indicative of positive future performance, and/or that the company is doing well overall. Another potential reason for the stock’s recent success could be due to recent news announcements or partnerships.