NCI Building Systems Inc. (NCS) EVP Todd R. Moore Sells 5,323 Shares of Stock
NCI Building Systems Inc. (NYSE:NCS) EVP Todd R. Moore sold 5,323 shares of the stock in a transaction on Wednesday, October 5th. The stock was sold at an average price of $14.90, for a total value of $79,312.70. Following the completion of the transaction, the executive vice president now owns 76,546 shares of the company’s stock, valued at approximately $1,140,535.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
NCI Building Systems Inc. (NYSE:NCS) opened at 14.54 on Friday. The stock’s 50 day moving average price is $15.25 and its 200 day moving average price is $15.60. The company has a market capitalization of $1.04 billion, a P/E ratio of 21.54 and a beta of 1.66. NCI Building Systems Inc. has a one year low of $9.07 and a one year high of $17.85.
NCI Building Systems (NYSE:NCS) last posted its quarterly earnings data on Tuesday, August 30th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.04. NCI Building Systems had a return on equity of 20.05% and a net margin of 3.00%. The company earned $462.40 million during the quarter, compared to analysts’ expectations of $450.46 million. During the same quarter in the previous year, the business earned $0.15 EPS. NCI Building Systems’s revenue was up 9.9% compared to the same quarter last year. Equities analysts anticipate that NCI Building Systems Inc. will post $0.75 EPS for the current fiscal year.
Institutional investors have recently bought and sold shares of the stock. Acadian Asset Management LLC acquired a new position in NCI Building Systems during the second quarter worth about $130,000. Acrospire Investment Management LLC acquired a new position in NCI Building Systems during the first quarter worth about $123,000. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp acquired a new position in NCI Building Systems during the second quarter worth about $181,000. BlackRock Inc. boosted its position in NCI Building Systems by 349.4% in the second quarter. BlackRock Inc. now owns 12,793 shares of the company’s stock worth $205,000 after buying an additional 9,946 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC acquired a new position in NCI Building Systems during the second quarter worth about $240,000. Institutional investors own 96.34% of the company’s stock.
NCS has been the subject of a number of research reports. Zacks Investment Research upgraded NCI Building Systems from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a report on Thursday, August 25th. TheStreet upgraded NCI Building Systems from a “hold” rating to a “buy” rating in a report on Tuesday, August 30th. Credit Suisse Group AG reiterated a “buy” rating on shares of NCI Building Systems in a report on Wednesday, June 29th. Finally, DA Davidson set a $17.00 price objective on NCI Building Systems and gave the stock a “hold” rating in a report on Wednesday, August 31st. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $16.83.
NCI Building Systems Company Profile
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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