NCI Building Systems Inc (NYSE:NCS) has earned a consensus rating of “Hold” from the eight research firms that are covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $6.67.
NCS has been the topic of several research reports. DA Davidson lowered NCI Building Systems from a “neutral” rating to an “underperform” rating and set a $4.00 price target on the stock. in a research note on Tuesday, February 19th. Barclays set a $9.00 price target on NCI Building Systems and gave the company a “hold” rating in a research note on Friday, February 15th. UBS Group lowered NCI Building Systems from a “buy” rating to a “neutral” rating and lowered their price target for the company from $23.00 to $8.00 in a research note on Thursday, January 17th. Finally, Seaport Global Securities reiterated a “buy” rating on shares of NCI Building Systems in a research note on Sunday.
Shares of NCS opened at $6.32 on Thursday. NCI Building Systems has a 12-month low of $5.39 and a 12-month high of $23.35. The company has a debt-to-equity ratio of 3.89, a quick ratio of 0.99 and a current ratio of 1.72. The stock has a market cap of $750.57 million, a P/E ratio of 4.36, a PEG ratio of 0.59 and a beta of 1.82.
NCI Building Systems (NYSE:NCS) last issued its quarterly earnings results on Wednesday, May 8th. The construction company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.30). NCI Building Systems had a net margin of 3.15% and a return on equity of 33.27%. The firm had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the prior year, the firm earned $0.14 earnings per share. The company’s revenue was up 152.7% on a year-over-year basis.
In related news, Chairman James S. Metcalf acquired 96,348 shares of the stock in a transaction dated Friday, May 10th. The shares were bought at an average cost of $6.02 per share, for a total transaction of $580,014.96. Following the purchase, the chairman now owns 387,860 shares in the company, valued at approximately $2,334,917.20. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director George Martinez acquired 8,000 shares of the stock in a transaction dated Tuesday, March 12th. The stock was bought at an average price of $6.33 per share, for a total transaction of $50,640.00. Following the completion of the purchase, the director now owns 75,733 shares in the company, valued at approximately $479,389.89. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 153,000 shares of company stock worth $935,642. Corporate insiders own 1.54% of the company’s stock.
Several hedge funds have recently added to or reduced their stakes in the company. NumerixS Investment Technologies Inc boosted its holdings in shares of NCI Building Systems by 276.9% in the 4th quarter. NumerixS Investment Technologies Inc now owns 4,900 shares of the construction company’s stock worth $36,000 after acquiring an additional 3,600 shares in the last quarter. Factorial Partners LLC acquired a new position in shares of NCI Building Systems in the 1st quarter worth approximately $37,000. Nomura Holdings Inc. acquired a new position in shares of NCI Building Systems in the 4th quarter worth approximately $44,000. Denali Advisors LLC acquired a new position in shares of NCI Building Systems in the 1st quarter worth approximately $47,000. Finally, BNP Paribas Arbitrage SA boosted its holdings in shares of NCI Building Systems by 1,100.7% in the 1st quarter. BNP Paribas Arbitrage SA now owns 8,993 shares of the construction company’s stock worth $55,000 after acquiring an additional 8,244 shares in the last quarter. Institutional investors own 95.27% of the company’s stock.
NCI Building Systems Company Profile
NCI Building Systems, Inc designs, engineers, manufactures, and markets metal products for the nonresidential construction industry in North America. It operates in four segments: Engineered Building Systems, Metal Components, Insulated Metal Panels, 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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