NCI Building Systems, Inc. (NYSE:NCS) has been assigned a consensus recommendation of “Buy” from the eight research firms that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $18.42.

A number of research analysts have recently issued reports on the company. Zacks Investment Research lowered NCI Building Systems from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Royal Bank Of Canada reissued a “buy” rating and issued a $20.00 target price on shares of NCI Building Systems in a report on Tuesday, July 18th. Finally, TheStreet raised NCI Building Systems from a “c” rating to a “b-” rating in a report on Tuesday, June 6th.

NCI Building Systems (NYSE:NCS) traded down 0.423% during midday trading on Friday, reaching $17.675. The company’s stock had a trading volume of 117,343 shares. The stock’s 50 day moving average is $17.37 and its 200 day moving average is $16.74. The stock has a market cap of $1.25 billion, a P/E ratio of 20.624 and a beta of 1.51. NCI Building Systems has a 12-month low of $13.80 and a 12-month high of $18.60.

NCI Building Systems (NYSE:NCS) last released its earnings results on Tuesday, June 6th. The construction company reported $0.16 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.04. The business had revenue of $420.50 million for the quarter, compared to analyst estimates of $409.24 million. NCI Building Systems had a return on equity of 20.84% and a net margin of 3.50%. The company’s revenue for the quarter was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.04 earnings per share. Analysts anticipate that NCI Building Systems will post $1.00 earnings per share for the current year.

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In related news, insider Norman C. Chambers sold 45,000 shares of the company’s stock in a transaction on Thursday, July 20th. The stock was sold at an average price of $17.74, for a total transaction of $798,300.00. Following the transaction, the insider now owns 476,403 shares of the company’s stock, valued at $8,451,389.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.78% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Nisa Investment Advisors LLC raised its position in shares of NCI Building Systems by 3.4% in the second quarter. Nisa Investment Advisors LLC now owns 16,880 shares of the construction company’s stock worth $282,000 after buying an additional 550 shares in the last quarter. American International Group Inc. raised its position in shares of NCI Building Systems by 7.0% in the first quarter. American International Group Inc. now owns 16,745 shares of the construction company’s stock worth $287,000 after buying an additional 1,100 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of NCI Building Systems by 17.6% in the second quarter. Victory Capital Management Inc. now owns 7,757 shares of the construction company’s stock worth $130,000 after buying an additional 1,163 shares in the last quarter. Sei Investments Co. raised its position in shares of NCI Building Systems by 5.4% in the second quarter. Sei Investments Co. now owns 48,420 shares of the construction company’s stock worth $809,000 after buying an additional 2,459 shares in the last quarter. Finally, California Public Employees Retirement System raised its position in shares of NCI Building Systems by 6.8% in the first quarter. California Public Employees Retirement System now owns 39,400 shares of the construction company’s stock worth $676,000 after buying an additional 2,500 shares in the last quarter. 93.20% of the stock is currently owned by hedge funds and other institutional investors.

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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