Equities analysts expect that NCI Building Systems Inc (NYSE:NCS) will announce earnings per share (EPS) of $0.56 for the current quarter, Zacks reports. Two analysts have issued estimates for NCI Building Systems’ earnings, with the lowest EPS estimate coming in at $0.55 and the highest estimate coming in at $0.56. NCI Building Systems reported earnings per share of $0.32 in the same quarter last year, which would suggest a positive year-over-year growth rate of 75%. The business is expected to issue its next earnings report on Wednesday, December 5th.
On average, analysts expect that NCI Building Systems will report full year earnings of $1.45 per share for the current fiscal year, with EPS estimates ranging from $1.45 to $1.46. For the next year, analysts forecast that the company will post earnings of $1.85 per share, with EPS estimates ranging from $1.81 to $1.88. Zacks’ EPS averages are an average based on a survey of analysts that cover NCI Building Systems.
NCI Building Systems (NYSE:NCS) last released its earnings results on Tuesday, August 28th. The construction company reported $0.51 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.03. The firm had revenue of $548.50 million for the quarter, compared to the consensus estimate of $534.27 million. NCI Building Systems had a return on equity of 29.00% and a net margin of 2.77%. The company’s revenue for the quarter was up 16.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS.
A number of equities analysts recently issued reports on NCS shares. ValuEngine upgraded NCI Building Systems from a “sell” rating to a “hold” rating in a report on Thursday, August 30th. Barclays cut NCI Building Systems from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $24.00 to $19.00 in a report on Friday, July 20th. TheStreet cut NCI Building Systems from a “b-” rating to a “c+” rating in a report on Wednesday, August 15th. Finally, Citigroup dropped their price objective on NCI Building Systems from $22.00 to $17.00 and set a “$16.05” rating for the company in a report on Monday, July 23rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $19.67.
Shares of NYSE NCS traded down $0.19 during trading hours on Friday, hitting $14.69. 497,998 shares of the company traded hands, compared to its average volume of 533,209. The company has a market cap of $1.00 billion, a P/E ratio of 18.36, a P/E/G ratio of 1.04 and a beta of 1.44. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.85 and a current ratio of 1.58. NCI Building Systems has a 12 month low of $13.98 and a 12 month high of $23.35.
Hedge funds have recently modified their holdings of the business. Northern Trust Corp boosted its stake in shares of NCI Building Systems by 1.3% in the second quarter. Northern Trust Corp now owns 552,919 shares of the construction company’s stock worth $11,611,000 after buying an additional 7,042 shares during the last quarter. California Public Employees Retirement System boosted its position in NCI Building Systems by 23.7% during the second quarter. California Public Employees Retirement System now owns 46,319 shares of the construction company’s stock worth $973,000 after purchasing an additional 8,869 shares in the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp purchased a new position in NCI Building Systems during the second quarter worth approximately $1,029,000. Zacks Investment Management purchased a new position in NCI Building Systems during the second quarter worth approximately $1,387,000. Finally, OppenheimerFunds Inc. purchased a new position in NCI Building Systems during the second quarter worth approximately $351,000. Institutional investors and hedge funds own 94.57% of the company’s stock.
NCI Building Systems Company Profile
NCI Building Systems, Inc, together with its subsidiaries, designs, engineers, manufactures, and markets metal products for the nonresidential construction industry in North America. It operates through three segments: Engineered Building Systems, Metal Components, and Metal Coil Coating. The Engineered Building Systems segment offers engineered structural members and panels; and self-storage building systems under the Metallic, Mid-West Steel, A & S, All American, Mesco, Star, Ceco, Robertson, Garco, Heritage, and SteelBuilding.com brands to builders, general contractors, developers, and end users directly, as well as through private label companies.
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