NCI Building Systems Inc (NYSE:NCS) has been given a consensus rating of “Hold” by the eight ratings firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $19.50.
Several research analysts have issued reports on the company. Barclays set a $23.00 price objective on NCI Building Systems and gave the stock a “buy” rating in a research report on Sunday, January 7th. Zacks Investment Research upgraded NCI Building Systems from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research report on Tuesday, December 26th. Stephens reiterated a “hold” rating and issued a $20.00 price objective on shares of NCI Building Systems in a research report on Thursday, March 15th. DA Davidson reiterated a “hold” rating and issued a $18.00 price objective on shares of NCI Building Systems in a research report on Friday, December 8th. Finally, Citigroup lowered their target price on NCI Building Systems from $21.00 to $20.00 and set a “neutral” rating on the stock in a report on Thursday, January 25th.
NCI Building Systems (NCS) traded down $0.23 during trading hours on Friday, reaching $17.47. The company’s stock had a trading volume of 240,999 shares, compared to its average volume of 555,802. The stock has a market capitalization of $1,170.73, a PE ratio of 19.89, a price-to-earnings-growth ratio of 1.44 and a beta of 1.57. The company has a debt-to-equity ratio of 1.46, a current ratio of 1.60 and a quick ratio of 0.86. NCI Building Systems has a 1 year low of $13.05 and a 1 year high of $21.20.
NCI Building Systems (NYSE:NCS) last released its quarterly earnings data on Tuesday, March 6th. The construction company reported $0.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.10 by $0.04. The firm had revenue of $421.30 million during the quarter, compared to analysts’ expectations of $402.81 million. NCI Building Systems had a return on equity of 21.00% and a net margin of 3.21%. NCI Building Systems’s revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.05 earnings per share. sell-side analysts anticipate that NCI Building Systems will post 1.23 EPS for the current fiscal year.
NCI Building Systems announced that its board has authorized a stock buyback plan on Wednesday, March 7th that permits the company to repurchase $50.00 million in outstanding shares. This repurchase authorization permits the construction company to reacquire shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company’s board believes its shares are undervalued.
In other NCI Building Systems news, VP Bradley Scott Little sold 2,750 shares of the company’s stock in a transaction on Friday, January 5th. The stock was sold at an average price of $19.48, for a total value of $53,570.00. Following the sale, the vice president now owns 28,663 shares of the company’s stock, valued at $558,355.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Katy Theroux sold 5,200 shares of the company’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $19.56, for a total value of $101,712.00. Following the completion of the sale, the executive vice president now directly owns 53,051 shares in the company, valued at approximately $1,037,677.56. The disclosure for this sale can be found here. Insiders sold 93,374 shares of company stock worth $1,813,362 in the last three months. 1.54% of the stock is owned by corporate insiders.
Institutional investors have recently bought and sold shares of the business. Victory Capital Management Inc. boosted its stake in shares of NCI Building Systems by 54.9% during the third quarter. Victory Capital Management Inc. now owns 12,018 shares of the construction company’s stock valued at $187,000 after acquiring an additional 4,261 shares during the last quarter. BB&T Securities LLC acquired a new stake in shares of NCI Building Systems during the third quarter valued at $204,000. SG Americas Securities LLC acquired a new stake in shares of NCI Building Systems during the third quarter valued at $215,000. Engineers Gate Manager LP acquired a new stake in shares of NCI Building Systems during the third quarter valued at $238,000. Finally, Voya Investment Management LLC acquired a new stake in shares of NCI Building Systems during the second quarter valued at $268,000. 95.60% of the stock is currently owned by institutional investors.
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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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