NCI Building Systems, Inc. (NYSE:NCS)‘s stock had its “buy” rating reissued by Royal Bank Of Canada in a research note issued to investors on Tuesday. They currently have a $20.00 price target on the construction company’s stock. Royal Bank Of Canada’s price target indicates a potential upside of 13.31% from the stock’s current price.

A number of other equities research analysts have also weighed in on the stock. Zacks Investment Research raised shares of NCI Building Systems from a “hold” rating to a “strong-buy” rating and set a $19.00 target price on the stock in a report on Friday, June 9th. TheStreet raised shares of NCI Building Systems from a “c” rating to a “b-” rating in a report on Tuesday, June 6th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $18.50.

Shares of NCI Building Systems (NYSE NCS) traded down 0.57% during trading on Tuesday, hitting $17.55. 111,105 shares of the stock were exchanged. NCI Building Systems has a 52 week low of $13.80 and a 52 week high of $18.10. The firm has a market capitalization of $1.24 billion, a P/E ratio of 20.48 and a beta of 1.50. The firm has a 50 day moving average price of $16.95 and a 200 day moving average price of $16.45.

NCI Building Systems (NYSE:NCS) last posted its earnings results on Tuesday, June 6th. The construction company reported $0.16 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.04. NCI Building Systems had a net margin of 3.50% and a return on equity of 20.84%. The firm had revenue of $420.50 million for the quarter, compared to analyst estimates of $409.24 million. During the same period in the previous year, the firm posted $0.04 EPS. The company’s revenue for the quarter was up 13.0% compared to the same quarter last year. Analysts forecast that NCI Building Systems will post $1.00 EPS for the current fiscal year.

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In other NCI Building Systems news, CEO Norman C. Chambers sold 40,000 shares of the company’s stock in a transaction on Tuesday, April 25th. The shares were sold at an average price of $17.50, for a total transaction of $700,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Mark E. Johnson sold 20,000 shares of the company’s stock in a transaction 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 transaction, the chief financial officer now owns 228,399 shares in the company, valued at approximately $3,996,982.50. The disclosure for this sale can be found here. 1.78% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Victory Capital Management Inc. raised its stake in NCI Building Systems by 22.3% in the first quarter. Victory Capital Management Inc. now owns 6,594 shares of the construction company’s stock valued at $113,000 after buying an additional 1,203 shares during the last quarter. Eqis Capital Management Inc. purchased a new stake in NCI Building Systems during the second quarter valued at about $186,000. Parametric Portfolio Associates LLC raised its stake in NCI Building Systems by 28.8% in the first quarter. Parametric Portfolio Associates LLC now owns 13,796 shares of the construction company’s stock valued at $237,000 after buying an additional 3,082 shares during the last quarter. Federated Investors Inc. PA raised its stake in NCI Building Systems by 86.0% in the fourth quarter. Federated Investors Inc. PA now owns 15,282 shares of the construction company’s stock valued at $239,000 after buying an additional 7,066 shares during the last quarter. Finally, Nuveen Asset Management LLC raised its stake in NCI Building Systems by 18.6% in the first quarter. Nuveen Asset Management LLC now owns 16,438 shares of the construction company’s stock valued at $282,000 after buying an additional 2,581 shares during the last quarter. Hedge funds and other institutional investors own 92.33% of the company’s stock.

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.

Analyst Recommendations for NCI Building Systems (NYSE:NCS)

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