NCI Building Systems Inc. (NYSE:NCS) EVP Todd R. Moore sold 5,323 shares of the business’s stock in a transaction that occurred on Wednesday, October 5th. The shares were sold at an average price of $14.90, for a total value of $79,312.70. Following the completion of the sale, the executive vice president now directly owns 76,546 shares of the company’s stock, valued at approximately $1,140,535.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
Shares of NCI Building Systems Inc. (NYSE:NCS) opened at 14.54 on Friday. The stock has a 50 day moving average price of $15.25 and a 200 day moving average price of $15.60. NCI Building Systems Inc. has a 52-week low of $9.07 and a 52-week high of $17.85. The company has a market capitalization of $1.04 billion, a PE ratio of 21.54 and a beta of 1.66.
NCI Building Systems (NYSE:NCS) last announced its earnings results 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 business had revenue of $462.40 million for the quarter, compared to analyst estimates of $450.46 million. During the same quarter last year, the firm earned $0.15 EPS. NCI Building Systems’s revenue for the quarter was up 9.9% compared to the same quarter last year. On average, analysts predict that NCI Building Systems Inc. will post $0.75 earnings per share for the current fiscal year.
Large investors have recently made changes to their positions in the stock. Copper Rock Capital Partners LLC purchased a new stake in shares of NCI Building Systems during the third quarter worth about $23,572,000. Numeric Investors LLC raised its stake in shares of NCI Building Systems by 122.9% in the second quarter. Numeric Investors LLC now owns 1,558,991 shares of the company’s stock worth $24,928,000 after buying an additional 859,555 shares in the last quarter. Principal Financial Group Inc. purchased a new stake in shares of NCI Building Systems during the second quarter worth about $6,364,000. UBS Asset Management Americas Inc. raised its stake in shares of NCI Building Systems by 52.9% in the second quarter. UBS Asset Management Americas Inc. now owns 798,493 shares of the company’s stock worth $12,767,000 after buying an additional 276,119 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of NCI Building Systems by 35.3% in the second quarter. Dimensional Fund Advisors LP now owns 850,625 shares of the company’s stock worth $13,601,000 after buying an additional 221,775 shares in the last quarter. 96.34% of the stock is currently owned by institutional investors and hedge funds.
NCS has been the subject of a number of recent analyst reports. Credit Suisse Group AG reaffirmed a “buy” rating on shares of NCI Building Systems in a research report on Wednesday, June 29th. Zacks Investment Research raised NCI Building Systems from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research report on Thursday, August 25th. TheStreet raised NCI Building Systems from a “hold” rating to a “buy” rating in a research report on Tuesday, August 30th. Finally, DA Davidson set a $17.00 target price on NCI Building Systems and gave the stock a “hold” rating in a research 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 company. The stock currently has a consensus rating of “Buy” and an average price target of $16.83.
About NCI Building Systems
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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