NCI Building Systems, Inc. (NYSE:NCS) insider Norman C. Chambers sold 45,000 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $8,451,389.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Norman C. Chambers also recently made the following trade(s):
- On Tuesday, April 25th, Norman C. Chambers sold 40,000 shares of NCI Building Systems stock. The stock was sold at an average price of $17.50, for a total transaction of $700,000.00.
Shares of NCI Building Systems, Inc. (NYSE NCS) remained flat at $17.75 during trading on Tuesday. The company’s stock had a trading volume of 468,636 shares. The firm has a market cap of $1.26 billion, a P/E ratio of 20.71 and a beta of 1.51. NCI Building Systems, Inc. has a one year low of $13.80 and a one year high of $18.60. The stock’s 50-day moving average price is $17.34 and its 200-day moving average price is $16.71.
NCI Building Systems (NYSE:NCS) last announced its quarterly earnings data 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. NCI Building Systems had a net margin of 3.50% and a return on equity of 20.84%. The firm had revenue of $420.50 million during the quarter, compared to analyst estimates of $409.24 million. During the same quarter in the prior year, the firm posted $0.04 earnings per share. NCI Building Systems’s quarterly revenue was up 13.0% on a year-over-year basis. Analysts expect that NCI Building Systems, Inc. will post $1.00 earnings per share for the current year.
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Several research analysts have weighed in on NCS shares. Zacks Investment Research downgraded shares of NCI Building Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, May 9th. Royal Bank Of Canada upgraded shares of NCI Building Systems from a “sector perform” rating to an “outperform” rating and raised their price objective for the company from $18.00 to $20.00 in a research report on Tuesday, April 25th. Finally, TheStreet upgraded shares of NCI Building Systems from a “c” rating to a “b-” rating in a research report on Tuesday, June 6th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $18.50.
Hedge funds and other institutional investors have recently made changes to their positions in the company. SeaBridge Investment Advisors LLC bought a new position in shares of NCI Building Systems during the first quarter valued at $3,329,000. Prudential Financial Inc. raised its position in shares of NCI Building Systems by 548.6% in the first quarter. Prudential Financial Inc. now owns 312,359 shares of the construction company’s stock valued at $5,356,000 after buying an additional 264,200 shares during the period. Hudson Bay Capital Management LP bought a new position in shares of NCI Building Systems during the fourth quarter valued at $1,878,000. Norges Bank bought a new position in shares of NCI Building Systems during the fourth quarter valued at $14,637,000. Finally, State Street Corp raised its position in shares of NCI Building Systems by 2.2% in the fourth quarter. State Street Corp now owns 623,976 shares of the construction company’s stock valued at $9,763,000 after buying an additional 13,385 shares during the period. 93.20% of the stock is owned by institutional investors.
About NCI Building Systems
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.
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