NCI Building Systems Inc (NYSE:NCS) has been assigned a consensus rating of “Buy” from the ten research firms that are presently covering the stock. Four investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $17.64.
Several analysts recently issued reports on the stock. Barclays PLC assumed coverage on shares of NCI Building Systems in a research note on Thursday, January 5th. They set an “overweight” rating and a $19.00 price objective for the company. Seaport Global Securities assumed coverage on shares of NCI Building Systems in a research note on Tuesday, January 10th. They set a “buy” rating and a $20.00 price objective for the company. Zacks Investment Research cut shares of NCI Building Systems from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 14th. Finally, TheStreet cut shares of NCI Building Systems from a “b-” rating to a “c” rating in a research note on Tuesday, March 7th.
Shares of NCI Building Systems (NYSE:NCS) opened at 17.15 on Thursday. NCI Building Systems has a 1-year low of $13.80 and a 1-year high of $18.10. The company has a market cap of $1.22 billion, a P/E ratio of 26.30 and a beta of 1.64. The stock’s 50 day moving average is $16.15 and its 200 day moving average is $15.70.
NCI Building Systems (NYSE:NCS) last announced its quarterly earnings data on Tuesday, March 7th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.02. NCI Building Systems had a net margin of 3.01% and a return on equity of 18.84%. The company earned $391.70 million during the quarter, compared to analysts’ expectations of $379.84 million. During the same quarter in the prior year, the company earned $0.07 EPS. NCI Building Systems’s revenue was up 5.9% compared to the same quarter last year. On average, analysts predict that NCI Building Systems will post $0.97 earnings per share for the current year.
In other news, CAO Bradley Scott Little sold 2,500 shares of the stock in a transaction that occurred on Tuesday, January 24th. The shares were sold at an average price of $15.96, for a total value of $39,900.00. Following the completion of the sale, the chief accounting officer now owns 25,909 shares of the company’s stock, valued at approximately $413,507.64. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.78% of the stock is currently owned by corporate insiders.
Several hedge funds have recently bought and sold shares of the stock. Teachers Advisors LLC boosted its stake in NCI Building Systems by 78.4% in the fourth quarter. Teachers Advisors LLC now owns 107,238 shares of the company’s stock valued at $1,678,000 after buying an additional 47,111 shares during the period. Hudson Bay Capital Management LP purchased a new stake in NCI Building Systems during the fourth quarter valued at $1,878,000. Norges Bank purchased a new stake in NCI Building Systems during the fourth quarter valued at $14,637,000. Putnam Investments LLC boosted its stake in NCI Building Systems by 1.0% in the fourth quarter. Putnam Investments LLC now owns 339,175 shares of the company’s stock valued at $5,308,000 after buying an additional 3,426 shares during the period. Finally, Bowling Portfolio Management LLC purchased a new stake in NCI Building Systems during the fourth quarter valued at $584,000. 94.88% of the stock is owned by institutional investors and hedge funds.
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.