NCI Building Systems Inc (NYSE:NCS) – Investment analysts at DA Davidson upped their Q1 2019 earnings per share (EPS) estimates for shares of NCI Building Systems in a report issued on Thursday, December 20th. DA Davidson analyst B. Thielman now expects that the construction company will post earnings of $0.17 per share for the quarter, up from their prior estimate of $0.14. DA Davidson currently has a “Neutral” rating and a $7.50 target price on the stock. DA Davidson also issued estimates for NCI Building Systems’ Q3 2019 earnings at $0.47 EPS and FY2020 earnings at $1.51 EPS.
NCS has been the subject of several other research reports. Citigroup decreased their price target on NCI Building Systems from $18.00 to $14.00 and set a “neutral” rating for the company in a research note on Monday, December 3rd. They noted that the move was a valuation call. ValuEngine lowered NCI Building Systems from a “sell” rating to a “strong sell” rating in a report on Monday, October 29th. Zacks Investment Research restated a “hold” rating on shares of NCI Building Systems in a report on Wednesday, November 14th. Finally, Barclays set a $11.00 price objective on NCI Building Systems and gave the company a “hold” rating in a report on Wednesday, December 12th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. NCI Building Systems currently has a consensus rating of “Hold” and a consensus target price of $15.58.
NYSE:NCS opened at $7.34 on Friday. NCI Building Systems has a 1 year low of $7.22 and a 1 year high of $23.35. The firm has a market capitalization of $552.14 million, a PE ratio of 5.06, a price-to-earnings-growth ratio of 0.45 and a beta of 1.43. The company has a quick ratio of 0.85, a current ratio of 1.58 and a debt-to-equity ratio of 1.35.
NCI Building Systems (NYSE:NCS) last released its quarterly earnings results on Wednesday, December 19th. The construction company reported $0.55 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.02. NCI Building Systems had a return on equity of 34.91% and a net margin of 3.15%. The company had revenue of $573.60 million during the quarter, compared to analysts’ expectations of $562.78 million. During the same quarter in the prior year, the business posted $0.32 earnings per share. The company’s revenue for the quarter was up 17.4% compared to the same quarter last year.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc lifted its holdings in shares of NCI Building Systems by 4.4% during the third quarter. Vanguard Group Inc now owns 2,076,374 shares of the construction company’s stock valued at $31,457,000 after purchasing an additional 87,714 shares during the last quarter. Federated Investors Inc. PA lifted its holdings in shares of NCI Building Systems by 14.7% during the third quarter. Federated Investors Inc. PA now owns 188,129 shares of the construction company’s stock valued at $2,850,000 after purchasing an additional 24,124 shares during the last quarter. Marshall Wace LLP purchased a new stake in shares of NCI Building Systems during the third quarter valued at $6,519,000. Vanguard Group Inc. lifted its holdings in shares of NCI Building Systems by 4.4% during the third quarter. Vanguard Group Inc. now owns 2,076,374 shares of the construction company’s stock valued at $31,457,000 after purchasing an additional 87,714 shares during the last quarter. Finally, Morgan Stanley lifted its holdings in shares of NCI Building Systems by 248.8% during the third quarter. Morgan Stanley now owns 559,267 shares of the construction company’s stock valued at $8,472,000 after purchasing an additional 398,941 shares during the last quarter. 94.23% of the stock is owned by institutional investors and hedge funds.
NCI Building Systems Company Profile
NCI Building Systems, Inc, together with its subsidiaries, designs, engineers, manufactures, and markets metal products for the nonresidential construction industry in North America. It operates through three segments: Engineered Building Systems, Metal Components, and Metal Coil Coating. The Engineered Building Systems segment offers engineered structural members and panels; and self-storage building systems under the Metallic, Mid-West Steel, A & S, All American, Mesco, Star, Ceco, Robertson, Garco, Heritage, and SteelBuilding.com brands to builders, general contractors, developers, and end users directly, as well as through private label companies.