NCI Building Systems Inc (NYSE:NCS) has earned an average rating of “Hold” from the seven ratings firms that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $20.80.

Several equities analysts have issued reports on the company. Barclays set a $21.00 target price on NCI Building Systems and gave the stock a “buy” rating in a research report on Friday, December 8th. TheStreet upgraded NCI Building Systems from a “c+” rating to a “b-” rating in a research report on Wednesday, December 27th. Zacks Investment Research upgraded NCI Building Systems from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research report on Tuesday, December 26th. Royal Bank of Canada reiterated a “buy” rating and set a $22.00 target price on shares of NCI Building Systems in a research report on Friday, December 8th. Finally, DA Davidson restated a “hold” rating and issued a $18.00 price target on shares of NCI Building Systems in a report on Friday, December 8th.

In related news, major shareholder Dubilier & Rice Fund V. Clayton sold 7,150,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $19.36, for a total value of $138,424,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Todd R. Moore sold 36,000 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $19.43, for a total value of $699,480.00. Following the completion of the sale, the executive vice president now directly owns 85,735 shares in the company, valued at approximately $1,665,831.05. The disclosure for this sale can be found here. In the last 90 days, insiders sold 7,296,115 shares of company stock worth $141,263,459. Insiders own 1.78% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the stock. Macquarie Group Ltd. lifted its stake in 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 buying an additional 810 shares in the last quarter. Legal & General Group Plc lifted its stake in NCI Building Systems by 41.0% in the 2nd quarter. Legal & General Group Plc now owns 8,802 shares of the construction company’s stock valued at $147,000 after buying an additional 2,559 shares in the last quarter. Principal Financial Group Inc. lifted its stake in shares of NCI Building Systems by 0.7% during the 3rd quarter. Principal Financial Group Inc. now owns 628,700 shares of the construction company’s stock worth $9,808,000 after purchasing an additional 4,200 shares during the period. Victory Capital Management Inc. lifted its stake in shares of NCI Building Systems by 54.9% during the 3rd quarter. Victory Capital Management Inc. now owns 12,018 shares of the construction company’s stock worth $187,000 after purchasing an additional 4,261 shares during the period. Finally, SeaBridge Investment Advisors LLC lifted its stake in shares of NCI Building Systems by 1.6% during the 4th quarter. SeaBridge Investment Advisors LLC now owns 279,152 shares of the construction company’s stock worth $5,388,000 after purchasing an additional 4,460 shares during the period. 94.67% of the stock is currently owned by hedge funds and other institutional investors.

NCI Building Systems (NYSE:NCS) traded down $0.15 during midday trading on Friday, reaching $18.45. The company’s stock had a trading volume of 670,634 shares, compared to its average volume of 502,364. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.69 and a quick ratio of 1.06. NCI Building Systems has a 52 week low of $13.05 and a 52 week high of $21.20. The firm has a market cap of $1,230.00, a PE ratio of 23.96, a price-to-earnings-growth ratio of 1.71 and a beta of 1.68.

NCI Building Systems (NYSE:NCS) last released its earnings results on Wednesday, December 6th. The construction company reported $0.32 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.10). NCI Building Systems had a return on equity of 18.76% and a net margin of 3.08%. The business had revenue of $488.73 million for the quarter, compared to analyst estimates of $477.13 million. During the same quarter in the previous year, the firm posted $0.28 EPS. The business’s revenue for the quarter was up 1.8% on a year-over-year basis. research analysts predict that NCI Building Systems will post 1.09 earnings per share for the current year.

NCI Building Systems announced that its board has authorized a share repurchase program on Tuesday, October 10th that permits the company to repurchase $50.00 million in outstanding shares. This repurchase authorization permits the construction company to buy shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.

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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.

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