Todd R. Moore Sells 6,000 Shares of NCI Building Systems, Inc. (NCS) Stock
NCI Building Systems, Inc. (NYSE:NCS) EVP Todd R. Moore sold 6,000 shares of the business’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $13.75, for a total transaction of $82,500.00. Following the sale, the executive vice president now directly owns 82,458 shares in the company, valued at approximately $1,133,797.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Shares of NCI Building Systems, Inc. (NYSE NCS) traded down 0.17% on Thursday, hitting $14.43. 830,528 shares of the stock traded hands. NCI Building Systems, Inc. has a 52-week low of $13.05 and a 52-week high of $18.60. The stock’s 50 day moving average price is $16.60 and its 200 day moving average price is $16.80. The stock has a market cap of $1.02 billion, a P/E ratio of 16.83 and a beta of 1.53.
NCI Building Systems (NYSE:NCS) last released its quarterly earnings results on Wednesday, September 6th. The construction company reported $0.27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.05). NCI Building Systems had a net margin of 3.18% and a return on equity of 18.31%. The firm had revenue of $469.40 million during the quarter, compared to the consensus estimate of $495.21 million. During the same quarter in the prior year, the business posted $0.33 earnings per share. The firm’s quarterly revenue was up 1.5% on a year-over-year basis. On average, equities analysts expect that NCI Building Systems, Inc. will post $0.80 EPS for the current fiscal year.
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NCS has been the topic of several research reports. Zacks Investment Research raised shares of NCI Building Systems from a “hold” rating to a “strong-buy” rating and set a $19.00 price objective on the stock in a research note on Friday, June 9th. Barclays PLC reiterated a “buy” rating and issued a $16.00 target price (down previously from $19.00) on shares of NCI Building Systems in a research note on Friday, September 8th. Royal Bank Of Canada reiterated a “buy” rating and issued a $20.00 target price on shares of NCI Building Systems in a research note on Tuesday, July 18th. TheStreet upgraded shares of NCI Building Systems from a “c” rating to a “b-” rating in a research note on Tuesday, June 6th. Finally, BidaskClub downgraded shares of NCI Building Systems from a “hold” rating to a “sell” rating in a research note on Saturday, August 19th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $18.30.
A number of hedge funds have recently added to or reduced their stakes in NCS. Royal Bank of Canada boosted its stake in NCI Building Systems by 83.5% in the 2nd quarter. Royal Bank of Canada now owns 1,112,916 shares of the construction company’s stock worth $18,586,000 after purchasing an additional 506,499 shares in the last quarter. ACK Asset Management LLC boosted its stake in NCI Building Systems by 87.7% in the 1st quarter. ACK Asset Management LLC now owns 950,650 shares of the construction company’s stock worth $15,669,000 after purchasing an additional 444,143 shares in the last quarter. Elk Creek Partners LLC acquired a new stake in NCI Building Systems in the 2nd quarter worth approximately $7,070,000. Thrivent Financial For Lutherans boosted its stake in NCI Building Systems by 496.5% in the 2nd quarter. Thrivent Financial For Lutherans now owns 320,166 shares of the construction company’s stock worth $5,347,000 after purchasing an additional 266,496 shares in the last quarter. Finally, Prudential Financial Inc. boosted its stake in NCI Building Systems by 548.6% in the 1st quarter. Prudential Financial Inc. now owns 312,359 shares of the construction company’s stock worth $5,356,000 after purchasing an additional 264,200 shares in the last quarter. Institutional investors own 93.82% of the company’s stock.
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.
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