NCI Building Systems Inc (NCS) Receives Average Rating of “Hold” from Analysts

Shares of NCI Building Systems Inc (NYSE:NCS) have been assigned an average rating of “Hold” from the eight brokerages that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $19.40.

A number of equities research analysts recently weighed in on NCS shares. ValuEngine upgraded NCI Building Systems from a “sell” rating to a “hold” rating in a research note on Thursday, August 30th. Barclays cut NCI Building Systems from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $24.00 to $19.00 in a research note on Friday, July 20th. TheStreet cut NCI Building Systems from a “b-” rating to a “c+” rating in a research note on Wednesday, August 15th. Finally, Citigroup decreased their price objective on NCI Building Systems from $22.00 to $17.00 and set a “$16.05” rating for the company in a research note on Monday, July 23rd.

A number of institutional investors have recently bought and sold shares of the stock. BlackRock Inc. grew its holdings in NCI Building Systems by 6.5% during the second quarter. BlackRock Inc. now owns 2,823,614 shares of the construction company’s stock worth $59,296,000 after acquiring an additional 171,732 shares during the period. Renaissance Technologies LLC grew its holdings in NCI Building Systems by 8.4% in the second 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. Dimensional Fund Advisors LP grew its holdings in NCI Building Systems by 0.7% in the second quarter. Dimensional Fund Advisors LP now owns 1,961,345 shares of the construction company’s stock valued at $41,189,000 after purchasing an additional 13,041 shares during the period. Fuller & Thaler Asset Management Inc. grew its holdings in NCI Building Systems by 416.0% in the second quarter. Fuller & Thaler Asset Management Inc. now owns 892,149 shares of the construction company’s stock valued at $18,735,000 after purchasing an additional 719,249 shares during the period. Finally, UBS Group AG grew its holdings in NCI Building Systems by 1,183.9% in the first quarter. UBS Group AG now owns 701,585 shares of the construction company’s stock valued at $12,418,000 after purchasing an additional 646,941 shares during the period. 94.57% of the stock is currently owned by hedge funds and other institutional investors.

NCI Building Systems stock traded up $0.04 during mid-day trading on Wednesday, hitting $15.28. The company’s stock had a trading volume of 189,596 shares, compared to its average volume of 534,428. The company has a market capitalization of $1.00 billion, a PE ratio of 18.99, a price-to-earnings-growth ratio of 1.04 and a beta of 1.44. The company has a quick ratio of 0.85, a current ratio of 1.58 and a debt-to-equity ratio of 1.35. NCI Building Systems has a one year low of $13.98 and a one year high of $23.35.

NCI Building Systems (NYSE:NCS) last posted its quarterly earnings results on Tuesday, August 28th. The construction company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $548.50 million for the quarter, compared to the consensus estimate of $534.27 million. During the same quarter in the prior year, the company earned $0.27 EPS. The business’s revenue was up 16.9% compared to the same quarter last year. As a group, research analysts anticipate 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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