NCI Building Systems Now Covered by Analysts at FBR Capital Markets (NCS)
Research analysts at FBR Capital Markets assumed coverage on shares of NCI Building Systems (NYSE:NCS) in a report released on Friday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating on the stock.
NCI Building Systems (NYSE:NCS) opened at 12.39 on Friday. NCI Building Systems has a 1-year low of $9.80 and a 1-year high of $17.85. The stock has a 50-day moving average of $12.41 and a 200-day moving average of $15.04. The company’s market cap is $926.6 million.
NCI Building Systems (NYSE:NCS) last posted its quarterly earnings results on Wednesday, September 4th. The company reported $0.02 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.07) by $0.09. The company had revenue of $317.20 million for the quarter, compared to the consensus estimate of $351.43 million. During the same quarter in the prior year, the company posted ($0.04) earnings per share. The company’s quarterly revenue was up 6.3% on a year-over-year basis.
Several other analysts have also recently commented on the stock. Analysts at BB&T Corp. cut their price target on shares of NCI Building Systems (NYSE:NCS) from $20.00 to $18.00 in a research note to investors on Thursday, September 5th. They now have a “buy” rating on the stock. Separately, analysts at Zacks reiterated an “underperform” rating on shares of NCI Building Systems (NYSE:NCS) in a research note to investors on Thursday, August 29th. They now have a $11.00 price target on the stock. Finally, analysts at Davenport initiated coverage on shares of NCI Building Systems (NYSE:NCS) in a research note to investors on Friday, July 26th. They set a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $15.60.
NCI Building Systems, Inc is a manufacturer and marketer of metal products for the non-residential construction industry.
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