NCI Building Systems Inc (NYSE:NCS) was the recipient of some unusual options trading on Tuesday. Stock investors purchased 1,048 put options on the stock. This represents an increase of 1,356% compared to the typical daily volume of 72 put options.

Several equities analysts recently issued reports on NCS shares. DA Davidson boosted their price target on NCI Building Systems from $18.00 to $21.00 and gave the company a “neutral” rating in a research note on Thursday, June 7th. Citigroup lowered their price target on NCI Building Systems from $22.00 to $17.00 and set a “$16.05” rating on the stock in a research note on Monday, July 23rd. Zacks Investment Research lowered NCI Building Systems from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 30th. ValuEngine lowered NCI Building Systems from a “buy” rating to a “hold” rating in a research note on Thursday, July 19th. Finally, Barclays lowered NCI Building Systems from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $24.00 to $19.00 in a research note on Friday, July 20th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. NCI Building Systems has an average rating of “Hold” and an average price target of $19.67.

In related news, CFO Mark E. Johnson sold 82,100 shares of the business’s stock in a transaction dated Friday, June 8th. The stock was sold at an average price of $22.89, for a total transaction of $1,879,269.00. Following the transaction, the chief financial officer now directly owns 160,918 shares in the company, valued at $3,683,413.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.54% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the company. California Public Employees Retirement System grew its stake in shares of NCI Building Systems by 23.7% in the 2nd quarter. California Public Employees Retirement System now owns 46,319 shares of the construction company’s stock valued at $973,000 after purchasing an additional 8,869 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp bought a new stake in shares of NCI Building Systems in the 2nd quarter valued at approximately $1,029,000. Zacks Investment Management bought a new stake in shares of NCI Building Systems in the 2nd quarter valued at approximately $1,387,000. OppenheimerFunds Inc. bought a new stake in shares of NCI Building Systems in the 2nd quarter valued at approximately $351,000. Finally, Renaissance Technologies LLC grew its stake in shares of NCI Building Systems by 8.4% in the 2nd quarter. Renaissance Technologies LLC now owns 2,753,000 shares of the construction company’s stock valued at $57,813,000 after purchasing an additional 213,000 shares during the period. Institutional investors own 94.64% of the company’s stock.

NCS stock opened at $16.95 on Wednesday. NCI Building Systems has a 1-year low of $13.05 and a 1-year high of $23.35. The company has a market capitalization of $1.12 billion, a PE ratio of 21.19, a P/E/G ratio of 1.16 and a beta of 1.43. 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 (NYSE:NCS) last released its quarterly earnings data on Tuesday, August 28th. The construction company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.03. NCI Building Systems had a return on equity of 29.00% and a net margin of 2.77%. The company had revenue of $548.50 million for the quarter, compared to analyst estimates of $534.27 million. During the same period in the prior year, the company posted $0.27 EPS. The company’s revenue was up 16.9% compared to the same quarter last year. analysts forecast that NCI Building Systems will post 1.45 earnings per share for the current year.

About NCI Building Systems

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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