Shares of NCI Building Systems Inc (NYSE:NCS) have been given an average recommendation of “Hold” by the six analysts that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $17.33.

NCS has been the topic of a number of recent analyst reports. Royal Bank Of Canada reissued a “buy” rating and set a $16.00 price target on shares of NCI Building Systems in a research report on Wednesday, October 18th. BidaskClub cut shares of NCI Building Systems from a “hold” rating to a “sell” rating in a research report on Saturday, August 19th. Finally, Barclays reissued a “buy” rating and set a $16.00 price target (down from $19.00) on shares of NCI Building Systems in a research report on Friday, September 8th.

Shares of NCI Building Systems (NYSE NCS) opened at $16.60 on Thursday. The company has a current ratio of 1.79, a quick ratio of 1.06 and a debt-to-equity ratio of 1.20. NCI Building Systems has a fifty-two week low of $13.05 and a fifty-two week high of $18.60. The company has a market cap of $1,160.00, a price-to-earnings ratio of 21.58, a price-to-earnings-growth ratio of 1.59 and a beta of 1.68.

NCI Building Systems (NYSE:NCS) last announced its quarterly earnings results on Wednesday, December 6th. The construction company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.10). The firm had revenue of $488.73 million for the quarter, compared to the consensus estimate of $477.13 million. NCI Building Systems had a return on equity of 18.31% and a net margin of 3.18%. 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 earnings per share. equities analysts forecast that NCI Building Systems will post 0.77 earnings per share for the current fiscal year.

NCI Building Systems declared that its Board of Directors has authorized a share repurchase program on Tuesday, October 10th that permits the company to buyback $50.00 million in outstanding shares. This buyback authorization permits the construction company to repurchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

In other news, EVP Todd R. Moore sold 6,000 shares of NCI Building Systems stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of $13.75, for a total transaction of $82,500.00. Following the transaction, the executive vice president now directly owns 82,458 shares of the company’s stock, valued at $1,133,797.50. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director James S. Metcalf acquired 30,000 shares of the business’s stock in a transaction that occurred on Monday, September 11th. The stock was bought at an average cost of $13.42 per share, for a total transaction of $402,600.00. Following the completion of the transaction, the director now directly owns 30,000 shares in the company, valued at approximately $402,600. The disclosure for this purchase can be found here. Company insiders own 1.78% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP lifted its position in NCI Building Systems by 17.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,815,652 shares of the construction company’s stock valued at $28,324,000 after acquiring an additional 270,357 shares in the last quarter. Royce & Associates LP lifted its position in NCI Building Systems by 7.8% in the 2nd quarter. Royce & Associates LP now owns 1,448,241 shares of the construction company’s stock valued at $24,186,000 after acquiring an additional 104,532 shares in the last quarter. Peregrine Capital Management LLC lifted its position in NCI Building Systems by 1.8% in the 3rd quarter. Peregrine Capital Management LLC now owns 1,372,377 shares of the construction company’s stock valued at $21,409,000 after acquiring an additional 24,416 shares in the last quarter. Royal Bank of Canada lifted its position in NCI Building Systems by 83.5% in the 2nd quarter. Royal Bank of Canada now owns 1,112,916 shares of the construction company’s stock valued at $18,586,000 after acquiring an additional 506,499 shares in the last quarter. Finally, Investment Counselors of Maryland LLC bought a new stake in NCI Building Systems in the 3rd quarter valued at $12,225,000. 91.91% of the stock is currently owned by institutional investors and hedge funds.

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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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