Shares of NCI Building Systems Inc (NYSE:NCS) have been given a consensus rating of “Hold” by the seven analysts that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $20.75.
Several equities research analysts have recently commented on the company. Barclays set a $23.00 price target on NCI Building Systems and gave the stock a “buy” rating in a research note on Sunday, January 7th. Zacks Investment Research raised NCI Building Systems from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research note on Tuesday, December 26th. DA Davidson reissued a “hold” rating and set a $18.00 price target on shares of NCI Building Systems in a research note on Friday, December 8th. Citigroup decreased their price target on NCI Building Systems from $21.00 to $20.00 and set a “neutral” rating on the stock in a research note on Thursday, January 25th. Finally, TheStreet raised NCI Building Systems from a “c+” rating to a “b-” rating in a research note on Wednesday, December 27th.
In related news, VP Bradley Scott Little sold 2,750 shares of the company’s stock in a transaction that occurred 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 approximately $558,355.24. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Dubilier & Rice Fund V. Clayton sold 7,150,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $19.36, for a total value of $138,424,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 7,296,115 shares of company stock worth $141,263,459 in the last three months. Corporate insiders own 1.54% of the company’s stock.
A number of hedge funds have recently bought and sold shares of the stock. Renaissance Technologies LLC lifted its stake in NCI Building Systems by 25.4% in the 4th quarter. Renaissance Technologies LLC now owns 2,675,820 shares of the construction company’s stock valued at $51,643,000 after buying an additional 542,320 shares in the last quarter. BlackRock Inc. lifted its stake in NCI Building Systems by 1.5% in the 4th quarter. BlackRock Inc. now owns 2,555,466 shares of the construction company’s stock valued at $49,321,000 after buying an additional 37,591 shares in the last quarter. Millennium Management LLC purchased a new stake in NCI Building Systems in the 4th quarter valued at approximately $37,432,000. 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 valued at $28,324,000 after buying an additional 270,357 shares in the last quarter. Finally, Royce & Associates LP lifted its stake in NCI Building Systems by 5.0% in the 4th quarter. Royce & Associates LP now owns 1,524,330 shares of the construction company’s stock valued at $29,420,000 after buying an additional 73,134 shares in the last quarter. 84.35% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NCI Building Systems (NYSE NCS) opened at $17.00 on Tuesday. NCI Building Systems has a twelve month low of $13.05 and a twelve month high of $21.20. The firm has a market capitalization of $1,124.43, a P/E ratio of 22.08, a price-to-earnings-growth ratio of 1.55 and a beta of 1.52. 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 (NYSE:NCS) last announced its quarterly earnings results on Wednesday, December 6th. The construction company reported $0.32 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.10). The firm had revenue of $488.73 million for the quarter, compared to analysts’ expectations of $477.13 million. NCI Building Systems had a return on equity of 18.76% and a net margin of 3.08%. NCI Building Systems’s revenue was up 1.8% compared to the same quarter last year. During the same period last year, the firm earned $0.28 EPS. equities research analysts forecast that NCI Building Systems will post 1.09 earnings per share for the current fiscal year.
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About NCI Building Systems
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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