NCI Building Systems Inc. (NYSE:NCS)’s share price dropped 4.9% during mid-day trading on Friday . The stock traded as low as $16.36 and last traded at $16.40, with a volume of 568,854 shares. The stock had previously closed at $17.24.

NCS has been the topic of several analyst reports. DA Davidson lowered shares of NCI Building Systems from a “buy” rating to a “neutral” rating and set a $16.00 price target on the stock. in a report on Thursday, May 19th. Credit Suisse Group AG reaffirmed a “buy” rating on shares of NCI Building Systems in a report on Wednesday, June 29th. Royal Bank Of Canada boosted their price objective on shares of NCI Building Systems from $14.00 to $16.00 in a report on Tuesday, April 12th. Stephens lowered shares of NCI Building Systems from an “overweight” rating to an “equal weight” rating and boosted their price objective for the company from $14.00 to $17.00 in a report on Friday, June 3rd. Finally, Zacks Investment Research lowered shares of NCI Building Systems from a “buy” rating to a “hold” rating in a report on Wednesday, May 11th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $16.00.

The firm has a market capitalization of $1.18 billion and a P/E ratio of 35.49. The stock’s 50-day moving average price is $16.32 and its 200-day moving average price is $13.89.

NCI Building Systems (NYSE:NCS) last released its earnings results on Tuesday, May 31st. The company reported $0.04 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.03. The business had revenue of $372.20 million for the quarter, compared to analyst estimates of $364.22 million. NCI Building Systems’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter last year, the company earned ($0.06) earnings per share. Analysts anticipate that NCI Building Systems Inc. will post $0.72 EPS for the current fiscal year.

In other news, CFO Mark E. Johnson sold 16,424 shares of the firm’s stock in a transaction on Tuesday, July 12th. The shares were sold at an average price of $17.02, for a total value of $279,536.48. Following the sale, the chief financial officer now directly owns 235,416 shares in the company, valued at approximately $4,006,780.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Dubilier & Rice Fund V. Clayton sold 13,260,054 shares of the firm’s stock in a transaction on Monday, July 25th. The shares were sold at an average price of $15.46, for a total transaction of $205,000,434.84. The disclosure for this sale can be found here.

Several large investors have recently made changes to their positions in NCS. Foresters Investment Management Company Inc. raised its stake 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 worth $4,981,000 after buying an additional 4,000 shares during the last quarter. Dimensional Fund Advisors LP increased its position in 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 period. Century Capital Management LLC increased its position in 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 period. Wells Fargo & Company MN increased its position in 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 period. Finally, New York State Common Retirement Fund increased its position in 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 period.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.