NCI Building Systems Director Purchases $102,022 in Stock (NCS)
NCI Building Systems (NYSE:NCS) Director George L. Ball purchased 5,800 shares of the company’s stock on the open market in a transaction that occurred on Friday, June 13th. The shares were purchased at an average price of $17.59 per share, for a total transaction of $102,022.00. Following the transaction, the director now directly owns 6,100 shares of the company’s stock, valued at approximately $107,299. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of NCI Building Systems (NYSE:NCS) traded up 2.00% during mid-day trading on Monday, hitting $17.85. 196,273 shares of the company’s stock traded hands. NCI Building Systems has a 52-week low of $11.22 and a 52-week high of $20.14. The stock has a 50-day moving average of $16.71 and a 200-day moving average of $17.25. The company’s market cap is $1.313 billion.
NCI Building Systems (NYSE:NCS) last posted its quarterly earnings results on Tuesday, June 10th. The company reported ($0.07) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.03) by $0.04. The company had revenue of $305.80 million for the quarter, compared to the consensus estimate of $313.20 million. During the same quarter in the prior year, the company posted ($0.28) earnings per share. The company’s quarterly revenue was up 4.2% on a year-over-year basis. Analysts expect that NCI Building Systems will post $0.21 EPS for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of NCI Building Systems in a research note on Friday, May 23rd. They now have a $17.00 price target on the stock. Separately, analysts at Credit Suisse initiated coverage on shares of NCI Building Systems in a research note on Monday, March 24th. They set an “outperform” rating and a $21.00 price target on the stock. Finally, analysts at Citigroup Inc. initiated coverage on shares of NCI Building Systems in a research note on Tuesday, March 18th. They set a “neutral” rating on the stock. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $18.50.
NCI Building Systems, Inc is a manufacturer and marketer of metal products for the non-residential construction industry.
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