Equities analysts expect NCI Building Systems, Inc. (NYSE:NCS) to report sales of $491.65 million for the current quarter, Zacks reports. Two analysts have issued estimates for NCI Building Systems’ earnings, with the highest sales estimate coming in at $493.30 million and the lowest estimate coming in at $490.00 million. NCI Building Systems reported sales of $462.35 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 6.3%. The company is scheduled to announce its next earnings results on Tuesday, August 29th.

On average, analysts expect that NCI Building Systems will report full-year sales of $491.65 million for the current financial year. For the next year, analysts expect that the company will report sales of $1.93 billion per share, with estimates ranging from $1.92 billion to $1.93 billion. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for NCI Building Systems.

NCI Building Systems (NYSE:NCS) last announced its quarterly earnings results on Tuesday, June 6th. The construction company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.04. The firm had revenue of $420.50 million for the quarter, compared to the consensus estimate of $409.24 million. NCI Building Systems had a return on equity of 20.84% and a net margin of 3.50%. The business’s revenue was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.04 earnings per share.

Several equities research analysts have commented on NCS shares. Zacks Investment Research upgraded shares of NCI Building Systems from a “hold” rating to a “strong-buy” rating and set a $19.00 price objective for the company in a research note on Friday, June 9th. TheStreet upgraded shares of NCI Building Systems from a “c” rating to a “b-” rating in a research note on Tuesday, June 6th. Finally, Royal Bank Of Canada upgraded shares of NCI Building Systems from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from $18.00 to $20.00 in a research note on Tuesday, April 25th. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $18.58.

In other news, CEO Norman C. Chambers sold 40,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 25th. The shares were sold at an average price of $17.50, for a total transaction of $700,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Mark E. Johnson sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 25th. The stock was sold at an average price of $17.50, for a total transaction of $350,000.00. Following the sale, the chief financial officer now owns 228,399 shares of the company’s stock, valued at approximately $3,996,982.50. The disclosure for this sale can be found here. Company insiders own 1.78% of the company’s stock.

Several large investors have recently modified their holdings of NCS. Renaissance Technologies LLC raised its stake in shares of NCI Building Systems by 5.8% in the first quarter. Renaissance Technologies LLC now owns 2,140,020 shares of the construction company’s stock valued at $36,701,000 after buying an additional 118,020 shares during the last quarter. RE Advisers Corp raised its stake in shares of NCI Building Systems by 7.5% in the first quarter. RE Advisers Corp now owns 2,104,992 shares of the construction company’s stock valued at $36,101,000 after buying an additional 145,992 shares during the last quarter. Copper Rock Capital Partners LLC raised its stake in shares of NCI Building Systems by 1.8% in the first quarter. Copper Rock Capital Partners LLC now owns 1,653,414 shares of the construction company’s stock valued at $28,604,000 after buying an additional 28,518 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of NCI Building Systems by 9.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,447,696 shares of the construction company’s stock valued at $24,828,000 after buying an additional 124,187 shares during the last quarter. Finally, Peregrine Capital Management LLC raised its stake in shares of NCI Building Systems by 7.3% in the first quarter. Peregrine Capital Management LLC now owns 1,351,411 shares of the construction company’s stock valued at $22,096,000 after buying an additional 91,425 shares during the last quarter. Institutional investors own 93.22% of the company’s stock.

Shares of NCI Building Systems (NCS) traded up 0.148% during trading on Friday, reaching $16.925. The company’s stock had a trading volume of 108,783 shares. The stock’s 50 day moving average price is $16.95 and its 200-day moving average price is $16.46. NCI Building Systems has a 12 month low of $13.80 and a 12 month high of $18.10. The firm has a market cap of $1.20 billion, a PE ratio of 19.749 and a beta of 1.50.

COPYRIGHT VIOLATION NOTICE: This article was originally published by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another domain, it was stolen and reposted in violation of international copyright and trademark laws. The original version of this article can be accessed at https://www.americanbankingnews.com/2017/07/07/491-65-million-in-sales-expected-for-nci-building-systems-inc-nysencs-this-quarter.html.

About NCI Building Systems

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.

Get a free copy of the Zacks research report on NCI Building Systems (NCS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for NCI Building Systems (NYSE:NCS)

Receive News & Ratings for NCI Building Systems Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NCI Building Systems Inc. and related companies with MarketBeat.com's FREE daily email newsletter.