NCI Building Systems, Inc. (NYSE:NCS) – Seaport Global Securities dropped their FY2017 earnings per share estimates for shares of NCI Building Systems in a note issued to investors on Sunday. Seaport Global Securities analyst M. Mccall now anticipates that the construction company will post earnings of $0.80 per share for the year, down from their prior estimate of $1.05. Seaport Global Securities also issued estimates for NCI Building Systems’ Q4 2017 earnings at $0.32 EPS, Q3 2018 earnings at $0.42 EPS and FY2018 earnings at $1.10 EPS.

NCS has been the subject of a number of other research reports. Zacks Investment Research lowered shares of NCI Building Systems from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 8th. BidaskClub lowered shares of NCI Building Systems from a “hold” rating to a “sell” rating in a research note on Saturday, August 19th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $20.00 price objective on shares of NCI Building Systems in a research note on Tuesday, July 18th. Barclays PLC reaffirmed a “buy” rating and issued a $16.00 price objective (down previously from $19.00) on shares of NCI Building Systems in a research note on Friday, September 8th. Finally, TheStreet raised shares of NCI Building Systems from a “c” rating to a “b-” rating in a research note on Tuesday, June 6th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $18.30.

ILLEGAL ACTIVITY WARNING: This piece of content was published by Daily Political and is the sole property of of Daily Political. If you are viewing this piece of content on another website, it was illegally copied and republished in violation of US and international copyright & trademark laws. The legal version of this piece of content can be viewed at https://www.dailypolitical.com/2017/09/14/equities-analysts-issue-forecasts-for-nci-building-systems-inc-s-fy2017-earnings-ncs.html.

Shares of NCI Building Systems (NYSE:NCS) opened at 14.45 on Wednesday. NCI Building Systems has a 12-month low of $13.05 and a 12-month high of $18.60. The stock’s 50 day moving average price is $16.79 and its 200-day moving average price is $16.83. The firm has a market capitalization of $1.02 billion, a P/E ratio of 16.86 and a beta of 1.53.

NCI Building Systems (NYSE:NCS) last issued its quarterly earnings results on Wednesday, September 6th. The construction company reported $0.27 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.05). The business had revenue of $469.40 million during the quarter, compared to analyst estimates of $495.21 million. NCI Building Systems had a net margin of 3.18% and a return on equity of 18.31%. The company’s revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.33 earnings per share.

A number of hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC lifted its position in NCI Building Systems by 5.8% in the 1st quarter. Renaissance Technologies LLC now owns 2,140,020 shares of the construction company’s stock worth $36,701,000 after buying an additional 118,020 shares in the last quarter. RE Advisers Corp lifted its position in NCI Building Systems by 7.5% in the 1st quarter. RE Advisers Corp now owns 2,104,992 shares of the construction company’s stock worth $36,101,000 after buying an additional 145,992 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in NCI Building Systems by 6.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,545,295 shares of the construction company’s stock worth $25,806,000 after buying an additional 97,599 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 worth $24,186,000 after buying an additional 104,532 shares in the last quarter. Finally, American Century Companies Inc. lifted its position in NCI Building Systems by 0.5% in the 1st quarter. American Century Companies Inc. now owns 1,142,507 shares of the construction company’s stock worth $19,594,000 after buying an additional 5,624 shares in the last quarter. Institutional investors own 93.82% of the company’s stock.

In related news, Director James S. Metcalf bought 30,000 shares of the business’s stock in a transaction on Monday, September 11th. The stock was bought at an average price of $13.42 per share, for a total transaction of $402,600.00. Following the transaction, the director now directly owns 30,000 shares in the company, valued at $402,600. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Norman C. Chambers sold 45,000 shares of the stock in a transaction that occurred 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 completion of the sale, the insider now owns 476,403 shares of the company’s stock, valued at approximately $8,451,389.22. The disclosure for this sale can be found here. Company insiders own 1.78% of the company’s stock.

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.

Earnings History and Estimates for NCI Building Systems (NYSE:NCS)

Receive News & Ratings for NCI Building Systems Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NCI Building Systems Inc. and related companies with MarketBeat.com's FREE daily email newsletter.