Brokerages predict that NCI Building Systems Inc (NYSE:NCS) will announce sales of $565.60 million for the current fiscal quarter, according to Zacks. Two analysts have made estimates for NCI Building Systems’ earnings, with estimates ranging from $561.20 million to $570.00 million. NCI Building Systems posted sales of $488.73 million during the same quarter last year, which suggests a positive year-over-year growth rate of 15.7%. The firm is expected to report its next quarterly earnings results on Wednesday, December 5th.
According to Zacks, analysts expect that NCI Building Systems will report full-year sales of $1.99 billion for the current financial year, with estimates ranging from $1.99 billion to $2.00 billion. For the next year, analysts anticipate that the business will post sales of $2.14 billion, with estimates ranging from $2.11 billion to $2.17 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that that provide coverage for NCI Building Systems.
NCI Building Systems (NYSE:NCS) last released its quarterly earnings data on Tuesday, August 28th. The construction company reported $0.51 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.03. The company had revenue of $548.50 million during the quarter, compared to the consensus estimate of $534.27 million. NCI Building Systems had a net margin of 2.77% and a return on equity of 29.00%. NCI Building Systems’s revenue for the quarter was up 16.9% on a year-over-year basis. During the same period last year, the firm earned $0.27 EPS.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Chicago Equity Partners LLC lifted its stake in NCI Building Systems by 4.5% in the 3rd quarter. Chicago Equity Partners LLC now owns 120,330 shares of the construction company’s stock worth $1,823,000 after purchasing an additional 5,175 shares in the last quarter. SG Americas Securities LLC purchased a new stake in NCI Building Systems in the 2nd quarter worth approximately $136,000. Northern Trust Corp lifted its stake in NCI Building Systems by 1.3% in the 2nd quarter. Northern Trust Corp now owns 552,919 shares of the construction company’s stock worth $11,611,000 after purchasing an additional 7,042 shares in the last quarter. California Public Employees Retirement System lifted its stake in 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 worth $973,000 after purchasing an additional 8,869 shares in the last quarter. Finally, IndexIQ Advisors LLC lifted its stake in NCI Building Systems by 7.8% in the 2nd quarter. IndexIQ Advisors LLC now owns 123,582 shares of the construction company’s stock worth $2,595,000 after purchasing an additional 8,942 shares in the last quarter. Institutional investors and hedge funds own 94.77% of the company’s stock.
NCS opened at $13.74 on Thursday. The company has a market capitalization of $900.37 million, a P/E ratio of 11.15, a price-to-earnings-growth ratio of 0.74 and a beta of 1.51. NCI Building Systems has a 12 month low of $11.95 and a 12 month high of $23.35. 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 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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