NCI Building Systems Inc (NYSE:NCS) has been assigned a consensus rating of “Hold” from the eight ratings firms that are covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $6.67.
Several equities research analysts have recently weighed in on the company. Seaport Global Securities reissued a “buy” rating on shares of NCI Building Systems in a research note on Sunday, May 12th. Barclays restated a “hold” rating on shares of NCI Building Systems in a report on Sunday, May 12th. Finally, DA Davidson lowered NCI Building Systems from a “neutral” rating to an “underperform” rating and set a $4.00 target price for the company. in a report on Tuesday, February 19th.
In other news, EVP Todd R. Moore sold 16,000 shares of the stock in a transaction on Monday, March 11th. The stock was sold at an average price of $6.31, for a total value of $100,960.00. Following the completion of the sale, the executive vice president now owns 138,774 shares in the company, valued at $875,663.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director George L. Ball bought 23,261 shares of NCI Building Systems stock in a transaction dated Monday, May 13th. The stock was acquired at an average price of $6.00 per share, with a total value of $139,566.00. Following the acquisition, the director now directly owns 159,338 shares of the company’s stock, valued at $956,028. The disclosure for this purchase can be found here. Insiders bought 153,000 shares of company stock valued at $935,642 in the last 90 days. Corporate insiders own 1.54% of the company’s stock.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. NumerixS Investment Technologies Inc raised its holdings in shares of NCI Building Systems by 276.9% during the fourth quarter. NumerixS Investment Technologies Inc now owns 4,900 shares of the construction company’s stock worth $36,000 after acquiring an additional 3,600 shares in the last quarter. Factorial Partners LLC purchased a new stake in shares of NCI Building Systems during the first quarter worth $37,000. Nomura Holdings Inc. purchased a new stake in shares of NCI Building Systems during the fourth quarter worth $44,000. Denali Advisors LLC purchased a new stake in shares of NCI Building Systems during the first quarter worth $47,000. Finally, BNP Paribas Arbitrage SA raised its holdings in shares of NCI Building Systems by 1,100.7% during the first quarter. BNP Paribas Arbitrage SA now owns 8,993 shares of the construction company’s stock worth $55,000 after acquiring an additional 8,244 shares in the last quarter. Institutional investors own 93.67% of the company’s stock.
Shares of NCS traded down $0.19 during trading hours on Thursday, hitting $5.71. 1,066,700 shares of the company were exchanged, compared to its average volume of 810,733. The firm has a market cap of $725.45 million, a PE ratio of 3.94, a P/E/G ratio of 0.68 and a beta of 1.82. The company has a quick ratio of 0.99, a current ratio of 1.72 and a debt-to-equity ratio of 3.89. NCI Building Systems has a one year low of $5.39 and a one year high of $23.35.
NCI Building Systems (NYSE:NCS) last released its quarterly earnings data on Wednesday, May 8th. The construction company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.30). The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.02 billion. NCI Building Systems had a return on equity of 33.27% and a net margin of 3.15%. The business’s revenue was up 152.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.14 earnings per share.
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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