NCI Building Systems Inc (NYSE:NCS) – Investment analysts at Seaport Global Securities boosted their Q2 2018 EPS estimates for shares of NCI Building Systems in a research note issued on Friday. Seaport Global Securities analyst M. Mccall now forecasts that the construction company will earn $0.22 per share for the quarter, up from their prior forecast of $0.20. Seaport Global Securities also issued estimates for NCI Building Systems’ Q3 2018 earnings at $0.43 EPS.

NCS has been the subject of several other reports. DA Davidson lifted their target price on shares of NCI Building Systems to $18.00 and gave the stock a “neutral” rating in a research note on Friday. BidaskClub cut shares of NCI Building Systems from a “hold” rating to a “sell” rating in a research note on Saturday, August 19th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $16.00 target price on shares of NCI Building Systems in a research note on Wednesday, October 18th. Finally, Barclays reaffirmed a “buy” rating and issued a $16.00 target price (down from $19.00) on shares of NCI Building Systems in a research note on Friday, September 8th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $20.25.

Shares of NCI Building Systems (NYSE NCS) opened at $20.00 on Monday. The company has a market cap of $1,418.38, a P/E ratio of 25.00, a price-to-earnings-growth ratio of 1.94 and a beta of 1.68. The company has a quick ratio of 1.06, a current ratio of 1.79 and a debt-to-equity ratio of 1.20. NCI Building Systems has a 12 month low of $13.05 and a 12 month high of $20.35.

NCI Building Systems (NYSE:NCS) last issued its quarterly earnings data on Wednesday, December 6th. The construction company reported $0.32 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.10). NCI Building Systems had a return on equity of 18.79% and a net margin of 3.08%. The business had revenue of $488.73 million for the quarter, compared to analysts’ expectations of $477.13 million. During the same period last year, the business earned $0.28 earnings per share. The company’s revenue for the quarter was up 1.8% on a year-over-year basis.

NCI Building Systems declared that its Board of Directors has authorized a share buyback plan on Tuesday, October 10th that authorizes the company to repurchase $50.00 million in outstanding shares. This repurchase authorization authorizes the construction company to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

In other NCI Building Systems news, EVP Todd R. Moore sold 6,000 shares of NCI Building Systems stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $13.75, for a total value of $82,500.00. Following the completion of the sale, the executive vice president now directly owns 82,458 shares of the company’s stock, valued at approximately $1,133,797.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.78% of the stock is currently owned by insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Nisa Investment Advisors LLC boosted its holdings in shares of NCI Building Systems by 3.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 16,880 shares of the construction company’s stock valued at $282,000 after purchasing an additional 550 shares during the last quarter. Macquarie Group Ltd. boosted its holdings in shares of NCI Building Systems by 0.8% in the 2nd quarter. Macquarie Group Ltd. now owns 106,511 shares of the construction company’s stock valued at $1,779,000 after purchasing an additional 810 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of NCI Building Systems by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 7,757 shares of the construction company’s stock valued at $130,000 after purchasing an additional 1,163 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of NCI Building Systems by 5.4% in the 2nd quarter. Sei Investments Co. now owns 48,420 shares of the construction company’s stock valued at $809,000 after purchasing an additional 2,459 shares during the last quarter. Finally, California Public Employees Retirement System boosted its holdings in shares of NCI Building Systems by 6.8% in the 1st quarter. California Public Employees Retirement System now owns 39,400 shares of the construction company’s stock valued at $676,000 after purchasing an additional 2,500 shares during the last quarter. Institutional investors own 91.91% of the company’s stock.

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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.

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

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