NCI Building Systems Inc (NYSE:NCS) EVP Todd R. Moore sold 36,000 shares of the business’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $19.43, for a total transaction of $699,480.00. Following the sale, the executive vice president now directly owns 85,735 shares of the company’s stock, valued at approximately $1,665,831.05. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Shares of NCI Building Systems Inc (NYSE NCS) traded down $0.20 during trading on Friday, reaching $18.90. 351,148 shares of the company traded hands, compared to its average volume of 549,144. The company has a market cap of $1,270.00, a P/E ratio of 24.55, a P/E/G ratio of 1.82 and a beta of 1.68. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.69 and a quick ratio of 1.06. NCI Building Systems Inc has a one year low of $13.05 and a one year high of $21.20.
NCI Building Systems (NYSE:NCS) last issued its earnings results on Wednesday, December 6th. The construction company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.10). The firm had revenue of $488.73 million during the quarter, compared to the consensus estimate of $477.13 million. NCI Building Systems had a return on equity of 18.76% and a net margin of 3.08%. The company’s quarterly revenue was up 1.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.28 EPS. analysts anticipate that NCI Building Systems Inc will post 1.07 earnings per share for the current fiscal year.
NCI Building Systems announced that its Board of Directors has approved a stock repurchase program on Tuesday, October 10th that authorizes the company to repurchase $50.00 million in outstanding shares. This repurchase authorization authorizes the construction company to reacquire shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.
A number of brokerages have recently issued reports on NCS. Barclays set a $23.00 price objective on shares of NCI Building Systems and gave the company a “buy” rating in a research report on Sunday, January 7th. Zacks Investment Research raised shares of NCI Building Systems from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a report on Tuesday, December 26th. DA Davidson reaffirmed a “hold” rating and issued a $18.00 target price on shares of NCI Building Systems in a report on Friday, December 8th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $16.00 target price on shares of NCI Building Systems in a report on Wednesday, October 18th. Finally, TheStreet raised shares of NCI Building Systems from a “c+” rating to a “b-” rating in a report on Wednesday, December 27th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $21.00.
A number of hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP lifted its stake in NCI Building Systems by 17.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,815,652 shares of the construction company’s stock worth $28,324,000 after purchasing an additional 270,357 shares in the last quarter. Royce & Associates LP lifted its stake in NCI Building Systems by 7.8% in the 2nd quarter. Royce & Associates LP now owns 1,448,241 shares of the construction company’s stock worth $24,186,000 after purchasing an additional 104,532 shares in the last quarter. Peregrine Capital Management LLC lifted its stake in NCI Building Systems by 1.8% in the 3rd quarter. Peregrine Capital Management LLC now owns 1,372,377 shares of the construction company’s stock worth $21,409,000 after purchasing an additional 24,416 shares in the last quarter. Royal Bank of Canada lifted its stake in NCI Building Systems by 83.5% in the 2nd quarter. Royal Bank of Canada now owns 1,112,916 shares of the construction company’s stock worth $18,586,000 after purchasing an additional 506,499 shares in the last quarter. Finally, Investment Counselors of Maryland LLC purchased a new stake in NCI Building Systems in the 3rd quarter worth $12,225,000. Institutional investors and hedge funds own 96.22% of the company’s stock.
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NCI Building Systems Company Profile
NCI Building Systems, Inc is a manufacturer and marketer of metal products in North America. The Company’s operating segments include Engineered building systems, Metal components and Metal coil coating. The Engineered building systems segment is engaged in the manufacturing of main frames and long bay systems, and engineering and drafting.
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