NCI Building Systems Inc (NYSE:NCS) has earned a consensus rating of “Hold” from the eight ratings firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $19.50.

Several analysts have recently commented on the stock. Stephens reiterated a “hold” rating and issued a $20.00 target price on shares of NCI Building Systems in a report on Thursday, March 15th. Barclays reiterated an “overweight” rating on shares of NCI Building Systems in a report on Thursday, March 8th. DA Davidson reiterated a “hold” rating and issued a $18.00 target price on shares of NCI Building Systems in a report on Friday, December 8th. TheStreet upgraded shares of NCI Building Systems from a “c+” rating to a “b-” rating in a report on Wednesday, December 27th. Finally, Royal Bank of Canada reiterated a “buy” rating and issued a $22.00 target price on shares of NCI Building Systems in a report on Friday, December 8th.

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Shares of NCI Building Systems (NYSE:NCS) traded down $0.35 during mid-day trading on Friday, hitting $17.40. 567,154 shares of the stock traded hands, compared to its average volume of 556,693. The stock has a market capitalization of $1,167.42, a P/E ratio of 21.22, a P/E/G ratio of 1.43 and a beta of 1.57. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.86 and a current ratio of 1.60. NCI Building Systems has a 52 week low of $13.05 and a 52 week high of $21.20.

NCI Building Systems (NYSE:NCS) last announced its earnings results on Tuesday, March 6th. The construction company reported $0.14 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.04. The company had revenue of $421.30 million during the quarter, compared to the consensus estimate of $402.81 million. NCI Building Systems had a net margin of 3.21% and a return on equity of 21.00%. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.05 earnings per share. equities research analysts predict that NCI Building Systems will post 1.23 earnings per share for the current year.

NCI Building Systems announced that its board has initiated a share repurchase program on Wednesday, March 7th that authorizes the company to buyback $50.00 million in shares. This buyback authorization authorizes the construction company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its stock is undervalued.

In related news, VP Bradley Scott Little sold 2,750 shares of the firm’s stock in a transaction dated Friday, January 5th. The shares were sold at an average price of $19.48, for a total transaction of $53,570.00. Following the completion of the sale, the vice president now owns 28,663 shares in the company, valued at $558,355.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Norman C. Chambers sold 85,424 shares of the firm’s stock in a transaction dated Wednesday, January 3rd. The stock was sold at an average price of $19.41, for a total transaction of $1,658,079.84. Following the sale, the insider now owns 342,333 shares of the company’s stock, valued at approximately $6,644,683.53. The disclosure for this sale can be found here. Company insiders own 1.54% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of NCS. Millennium Management LLC purchased a new position in shares of NCI Building Systems in the fourth quarter worth about $37,432,000. Goldman Sachs Group Inc. increased its stake in shares of NCI Building Systems by 757.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,424,286 shares of the construction company’s stock worth $27,489,000 after purchasing an additional 1,258,255 shares in the last quarter. Thompson Siegel & Walmsley LLC purchased a new position in shares of NCI Building Systems in the third quarter worth about $8,511,000. Renaissance Technologies LLC increased its stake in shares of NCI Building Systems by 25.4% in the fourth quarter. Renaissance Technologies LLC now owns 2,675,820 shares of the construction company’s stock worth $51,643,000 after purchasing an additional 542,320 shares in the last quarter. Finally, Two Sigma Investments LP increased its stake in shares of NCI Building Systems by 1,627.0% in the fourth quarter. Two Sigma Investments LP now owns 515,453 shares of the construction company’s stock worth $9,948,000 after purchasing an additional 485,607 shares in the last quarter. Hedge funds and other institutional investors own 95.60% 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.

Analyst Recommendations for NCI Building Systems (NYSE:NCS)

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