NCI Building Systems (NYSE:NCS)‘s stock had its “hold” rating reissued by research analysts at DA Davidson in a research note issued to investors on Friday. They presently have a $18.00 price target on the construction company’s stock. DA Davidson’s price objective points to a potential downside of 10.00% from the stock’s current price. DA Davidson also issued estimates for NCI Building Systems’ Q1 2018 earnings at $0.10 EPS, Q2 2018 earnings at $0.21 EPS, Q3 2018 earnings at $0.37 EPS, Q4 2018 earnings at $0.42 EPS, FY2018 earnings at $1.10 EPS and FY2019 earnings at $1.33 EPS.

A number of other equities research analysts have also commented on the company. Royal Bank Of Canada reaffirmed a “buy” rating and set a $16.00 price target on shares of NCI Building Systems in a research report on Wednesday, October 18th. Barclays reissued a “buy” rating and issued a $16.00 target price (down previously from $19.00) on shares of NCI Building Systems in a research report on Friday, September 8th. Finally, BidaskClub lowered NCI Building Systems from a “hold” rating to a “sell” rating in a research report on Saturday, August 19th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $20.25.

NCI Building Systems (NYSE:NCS) traded up $0.95 during midday trading on Friday, hitting $20.00. The stock had a trading volume of 1,324,900 shares, compared to its average volume of 456,235. The firm has a market capitalization of $1,418.38, a price-to-earnings ratio of 25.00, a P/E/G ratio of 1.90 and a beta of 1.68. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.06 and a current ratio of 1.79. NCI Building Systems has a 52 week low of $13.05 and a 52 week high of $20.35.

NCI Building Systems (NYSE:NCS) last released its quarterly earnings results on Wednesday, December 6th. The construction company reported $0.32 EPS for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.10). The business had revenue of $488.73 million for the quarter, compared to analyst estimates of $477.13 million. NCI Building Systems had a return on equity of 18.79% and a net margin of 3.08%. The company’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.28 EPS. analysts anticipate that NCI Building Systems will post 1.05 EPS for the current fiscal year.

NCI Building Systems announced that its Board of Directors has initiated a share buyback plan 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. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

In related news, EVP Todd R. Moore sold 6,000 shares of NCI Building Systems stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $13.75, for a total value of $82,500.00. Following the sale, the executive vice president now owns 82,458 shares of the company’s stock, valued at approximately $1,133,797.50. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.78% of the stock is currently owned by company insiders.

A number of hedge funds have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its stake in NCI Building Systems by 17.5% in the third quarter. Dimensional Fund Advisors LP now owns 1,815,652 shares of the construction company’s stock valued at $28,324,000 after purchasing an additional 270,357 shares in the last quarter. Royce & Associates LP grew its stake in NCI Building Systems by 7.8% in the second quarter. Royce & Associates LP now owns 1,448,241 shares of the construction company’s stock valued at $24,186,000 after purchasing an additional 104,532 shares in the last quarter. Peregrine Capital Management LLC grew its stake in NCI Building Systems by 1.8% in the third quarter. Peregrine Capital Management LLC now owns 1,372,377 shares of the construction company’s stock valued at $21,409,000 after purchasing an additional 24,416 shares in the last quarter. Royal Bank of Canada grew its stake in NCI Building Systems by 83.5% in the second quarter. Royal Bank of Canada now owns 1,112,916 shares of the construction company’s stock valued at $18,586,000 after purchasing an additional 506,499 shares in the last quarter. Finally, Investment Counselors of Maryland LLC bought a new position in NCI Building Systems in the third quarter valued at approximately $12,225,000. Hedge funds and other institutional investors own 91.91% of the company’s stock.

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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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