Zacks Investment Research Lowers Select Interior Concepts (SIC) to Hold

Zacks Investment Research cut shares of Select Interior Concepts (NYSE:SIC) from a buy rating to a hold rating in a report issued on Saturday.

According to Zacks, “Select Interior Concepts, Inc. provides interior surface products for residential and commercial builders. The Company offers natural and engineered stone slabs, cabinetry, bathroom countertops, wall tiles, shower enclosures, towel bars and rings, paper holders, medicine cabinets and mirrors. Its primary operating subsidiaries and segments consists of Residential Design Services and Architectural Surfaces Group. Select Interior Concepts, Inc. is based in CA, United States. “

Separately, B. Riley reiterated a buy rating and set a $19.00 price target on shares of Select Interior Concepts in a report on Thursday, August 16th.

Select Interior Concepts stock opened at $8.95 on Friday. Select Interior Concepts has a 52 week low of $8.95 and a 52 week high of $13.00.

Select Interior Concepts (NYSE:SIC) last posted its quarterly earnings results on Thursday, September 6th. The company reported $0.00 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.23). The company had revenue of $124.86 million during the quarter.

In other Select Interior Concepts news, CEO Tyrone Johnson purchased 3,620 shares of Select Interior Concepts stock in a transaction that occurred on Monday, September 17th. The stock was acquired at an average price of $11.65 per share, for a total transaction of $42,173.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Brc Partners Opportunity Fund, purchased 12,335 shares of Select Interior Concepts stock in a transaction that occurred on Monday, October 29th. The shares were acquired at an average price of $9.70 per share, with a total value of $119,649.50. The disclosure for this purchase can be found here. Insiders have purchased 624,758 shares of company stock valued at $6,402,892 in the last quarter.

Select Interior Concepts Company Profile

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