Shares of NCI Building Systems Inc. (NYSE:NCS) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $16.91 and last traded at $16.88, with a volume of 152,873 shares traded. The stock had previously closed at $16.39.

NCS has been the subject of several recent research reports. Credit Suisse Group AG reiterated a “buy” rating on shares of NCI Building Systems in a report on Wednesday, June 29th. Stephens lowered NCI Building Systems from an “overweight” rating to an “equal weight” rating and increased their price objective for the stock from $14.00 to $17.00 in a report on Friday, June 3rd. FBR & Co reiterated an “outperform” rating and set a $18.00 price objective (up from $17.00) on shares of NCI Building Systems in a report on Thursday, June 2nd. DA Davidson lowered NCI Building Systems from a “buy” rating to a “neutral” rating and set a $16.00 price objective for the company. in a report on Thursday, May 19th. Finally, Zacks Investment Research lowered NCI Building Systems from a “buy” rating to a “hold” rating in a report on Wednesday, May 11th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $16.00.

The company has a market cap of $1.24 billion and a P/E ratio of 37.26. The firm’s 50-day moving average is $16.02 and its 200-day moving average is $13.44.

NCI Building Systems (NYSE:NCS) last announced its quarterly earnings results on Tuesday, May 31st. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.03. During the same period last year, the firm earned ($0.06) EPS. The firm earned $372.20 million during the quarter, compared to analyst estimates of $364.22 million. NCI Building Systems’s quarterly revenue was up 3.4% on a year-over-year basis. Equities research analysts anticipate that NCI Building Systems Inc. will post $0.70 EPS for the current year.

In other news, EVP Eric James Brown sold 10,000 shares of the business’s stock in a transaction on Friday, July 1st. The shares were sold at an average price of $16.15, for a total value of $161,500.00. Following the completion of the transaction, the executive vice president now owns 115,858 shares of the company’s stock, valued at approximately $1,871,106.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Norman C. Chambers sold 360,282 shares of the business’s stock in a transaction on Tuesday, June 21st. The shares were sold at an average price of $16.01, for a total transaction of $5,768,114.82. Following the completion of the transaction, the chief executive officer now directly owns 787,664 shares of the company’s stock, valued at approximately $12,610,500.64. The disclosure for this sale can be found here.

Several institutional investors have recently made changes to their positions in the stock. Foresters Investment Management Company Inc. raised its position in shares of NCI Building Systems by 1.0% in the fourth quarter. Foresters Investment Management Company Inc. now owns 401,400 shares of the company’s stock valued at $4,981,000 after buying an additional 4,000 shares during the period. Dimensional Fund Advisors LP raised its position in shares of NCI Building Systems by 11.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 407,626 shares of the company’s stock worth $5,059,000 after buying an additional 42,767 shares during the last quarter. Century Capital Management LLC raised its position in shares of NCI Building Systems by 1.5% in the fourth quarter. Century Capital Management LLC now owns 1,211,697 shares of the company’s stock worth $15,037,000 after buying an additional 18,437 shares during the last quarter. Wells Fargo & Company MN raised its position in shares of NCI Building Systems by 22.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,152,102 shares of the company’s stock worth $14,298,000 after buying an additional 208,039 shares during the last quarter. Finally, New York State Common Retirement Fund raised its position in shares of NCI Building Systems by 1,570.4% in the fourth quarter. New York State Common Retirement Fund now owns 412,586 shares of the company’s stock worth $5,120,000 after buying an additional 387,886 shares during the last quarter.

NCI Building Systems, Inc is a manufacturer and marketer of metal products for the non-residential construction industry. The Company operates through three segments: engineered building systems, metal components and metal coil coating. The metal coil coating segment consists of cleaning, treating, painting and slitting continuous steel coils before the steel is fabricated for use by construction and industrial users.

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