NCI Building Systems Reaches New 12-Month High at $20.37 (NCS)
NCI Building Systems (NYSE:NCS) hit a new 52-week high during trading on Thursday , Analyst Ratings News reports. The stock traded as high as $20.37 and last traded at $20.26, with a volume of 197,280 shares. The stock had previously closed at $19.80.
Separately, analysts at RBC Capital downgraded shares of NCI Building Systems from an “outperform” rating to a “sector perform” rating in a research note on Monday, July 14th. They now have a $19.00 price target on the stock, down previously from $20.00. They noted that the move was a valuation call. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $19.25.
The stock has a 50-day moving average of $18.52 and a 200-day moving average of $17.54. The company’s market cap is $1.478 billion.
NCI Building Systems (NYSE:NCS) last released its earnings data on Tuesday, June 10th. The company reported ($0.07) earnings per share for the quarter, missing the analysts’ 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 last year, the company posted ($0.28) earnings per share. NCI Building Systems’s revenue was up 4.2% compared to the same quarter last year. Analysts expect that NCI Building Systems will post $0.20 EPS for the current fiscal year.
NCI Building Systems, Inc is a manufacturer and marketer of metal products for the non-residential construction industry.
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