Media stories about NCI Building Systems (NYSE:NCS) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. NCI Building Systems earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the construction company an impact score of 45.3121512684545 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
A number of research firms recently weighed in on NCS. Zacks Investment Research lowered NCI Building Systems from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Royal Bank Of Canada reissued a “buy” rating and issued a $16.00 price objective on shares of NCI Building Systems in a research note on Wednesday, October 18th. BidaskClub downgraded NCI Building Systems from a “hold” rating to a “sell” rating in a research note on Saturday, August 19th. Finally, Barclays PLC reissued a “buy” rating and issued a $16.00 price objective (down from $19.00) on shares of NCI Building Systems in a research note on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $17.33.
Shares of NCI Building Systems (NYSE NCS) remained flat at $$15.85 during trading on Friday. The stock had a trading volume of 230,200 shares, compared to its average volume of 440,855. The stock has a market capitalization of $1,120.52, a PE ratio of 20.79, a P/E/G ratio of 1.50 and a beta of 1.65. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.06 and a current ratio of 1.79. NCI Building Systems has a twelve month low of $13.05 and a twelve month high of $18.60.
NCI Building Systems (NYSE:NCS) last announced its quarterly earnings data on Wednesday, September 6th. The construction company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.05). The business had revenue of $469.40 million during the quarter, compared to analysts’ expectations of $495.21 million. NCI Building Systems had a return on equity of 18.31% and a net margin of 3.18%. The firm’s revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.33 earnings per share. sell-side analysts predict that NCI Building Systems will post 0.79 earnings per share for the current year.
NCI Building Systems announced that its Board of Directors has initiated a stock repurchase program on Tuesday, October 10th that allows the company to repurchase $50.00 million in shares. This repurchase authorization allows the construction company to purchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.
In other news, Director James S. Metcalf purchased 30,000 shares of the business’s stock in a transaction dated Monday, September 11th. The stock was bought at an average cost of $13.42 per share, with a total value of $402,600.00. Following the purchase, the director now directly owns 30,000 shares of the company’s stock, valued at $402,600. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Todd R. Moore sold 6,000 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $13.75, for a total value of $82,500.00. Following the sale, the executive vice president now directly owns 82,458 shares of the company’s stock, valued at $1,133,797.50. The disclosure for this sale can be found here. 1.78% of the stock is currently owned by corporate insiders.
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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.
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