NCI Building Systems Inc (NYSE:NCS) – Investment analysts at DA Davidson decreased their Q1 2019 EPS estimates for shares of NCI Building Systems in a report issued on Tuesday, February 19th. DA Davidson analyst B. Thielman now anticipates that the construction company will earn ($0.13) per share for the quarter, down from their previous forecast of $0.17. DA Davidson currently has a “Underperform” rating and a $4.00 target price on the stock. DA Davidson also issued estimates for NCI Building Systems’ Q2 2019 earnings at $0.06 EPS, Q3 2019 earnings at $0.12 EPS, Q4 2019 earnings at $0.01 EPS, FY2019 earnings at $0.06 EPS and FY2020 earnings at $0.33 EPS.
NCI Building Systems (NYSE:NCS) last issued its quarterly earnings data on Wednesday, December 19th. The construction company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.02. NCI Building Systems had a net margin of 3.15% and a return on equity of 33.27%. The business had revenue of $573.60 million for the quarter, compared to analysts’ expectations of $562.78 million. During the same period in the previous year, the business earned $0.32 earnings per share. The company’s revenue was up 17.4% on a year-over-year basis.
Other equities research analysts have also recently issued reports about the stock. Seaport Global Securities set a $10.00 price objective on shares of NCI Building Systems and gave the company a “buy” rating in a research note on Sunday, December 30th. Zacks Investment Research restated a “hold” rating on shares of NCI Building Systems in a research note on Wednesday, November 14th. Barclays set a $9.00 price objective on shares of NCI Building Systems and gave the company a “hold” rating in a research note on Friday, February 15th. Citigroup cut their price objective on shares of NCI Building Systems from $18.00 to $14.00 and set a “neutral” rating on the stock in a research note on Monday, December 3rd. They noted that the move was a valuation call. Finally, UBS Group cut shares of NCI Building Systems from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $23.00 to $8.00 in a research report on Thursday, January 17th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $11.29.
Shares of NYSE NCS opened at $7.17 on Thursday. NCI Building Systems has a fifty-two week low of $6.66 and a fifty-two week high of $23.35. The company has a current ratio of 1.76, a quick ratio of 1.00 and a debt-to-equity ratio of 1.22. The stock has a market cap of $886.20 million, a P/E ratio of 4.94, a P/E/G ratio of 0.53 and a beta of 1.89.
In other NCI Building Systems news, Director Gary L. Forbes purchased 4,750 shares of the company’s stock in a transaction on Thursday, February 14th. The shares were purchased at an average cost of $8.06 per share, for a total transaction of $38,285.00. Following the completion of the transaction, the director now owns 84,661 shares in the company, valued at $682,367.66. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Chairman James S. Metcalf purchased 100,000 shares of the company’s stock in a transaction on Monday, December 24th. The stock was acquired at an average price of $7.09 per share, for a total transaction of $709,000.00. Following the completion of the transaction, the chairman now owns 191,512 shares of the company’s stock, valued at approximately $1,357,820.08. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 119,750 shares of company stock worth $855,285. 1.54% of the stock is owned by company insiders.
A number of institutional investors have recently modified their holdings of the business. Moneta Group Investment Advisors LLC increased its stake in NCI Building Systems by 22.2% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 19,310 shares of the construction company’s stock worth $140,000 after purchasing an additional 3,510 shares in the last quarter. NumerixS Investment Technologies Inc grew its stake in NCI Building Systems by 276.9% during the 4th quarter. NumerixS Investment Technologies Inc now owns 4,900 shares of the construction company’s stock valued at $36,000 after acquiring an additional 3,600 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in NCI Building Systems by 8.8% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 54,025 shares of the construction company’s stock valued at $392,000 after acquiring an additional 4,350 shares in the last quarter. IndexIQ Advisors LLC grew its stake in NCI Building Systems by 3.9% during the 3rd quarter. IndexIQ Advisors LLC now owns 128,432 shares of the construction company’s stock valued at $1,946,000 after acquiring an additional 4,850 shares in the last quarter. Finally, Chicago Equity Partners LLC grew its stake in NCI Building Systems by 4.5% during the 3rd quarter. Chicago Equity Partners LLC now owns 120,330 shares of the construction company’s stock valued at $1,823,000 after acquiring an additional 5,175 shares in the last quarter. Hedge funds and other institutional investors own 48.93% of the company’s stock.
NCI Building Systems Company Profile
NCI Building Systems, Inc designs, engineers, manufactures, and markets metal products for the nonresidential construction industry in North America. It operates in four segments: Engineered Building Systems, Metal Components, Insulated Metal Panels, and Metal Coil Coating. The Engineered Building Systems segment offers engineered structural members and panels; and self-storage building systems under the Metallic, Mid-West Steel, A & S, All American, Mesco, Star, Ceco, Robertson, Garco, Heritage, and SteelBuilding.com brands to builders, general contractors, developers, and end users directly, as well as through private label companies.
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