Media coverage about NCI Building Systems (NYSE:NCS) has trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NCI Building Systems earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media headlines about the construction company an impact score of 47.2114724660195 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.
These are some of the media headlines that may have impacted Accern’s scoring:
- NCI Building Systems, Inc. (NCS) Expected to Announce Quarterly Sales of $486.97 Million (americanbankingnews.com)
- $0.32 EPS Expected for NCI Building Systems, Inc. (NCS) This Quarter (americanbankingnews.com)
- NCI Building Systems (NCS) Board of Directors Authorizes Share Repurchase Program (americanbankingnews.com)
- NCI Forms Innovative AI Partnership with CrossChx (it.tmcnet.com)
- NCI Building (NCS) Down 7.7% Since Earnings Report: Can It Rebound? (nasdaq.com)
Several equities research analysts have recently issued reports on NCS shares. Barclays PLC restated a “buy” rating and issued a $16.00 target price (down previously from $19.00) on shares of NCI Building Systems in a report on Friday, September 8th. Royal Bank Of Canada restated a “buy” rating and issued a $20.00 target price on shares of NCI Building Systems in a report on Tuesday, July 18th. BidaskClub lowered shares of NCI Building Systems from a “hold” rating to a “sell” rating in a report on Saturday, August 19th. Finally, Zacks Investment Research lowered shares of NCI Building Systems from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 8th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $18.67.
NCI Building Systems (NYSE:NCS) traded down 2.55% during midday trading on Tuesday, hitting $15.30. 915,120 shares of the stock traded hands. NCI Building Systems has a 52-week low of $13.05 and a 52-week high of $18.60. The firm has a market cap of $1.09 billion, a PE ratio of 19.42 and a beta of 1.55. The stock has a 50-day moving average of $15.32 and a 200 day moving average of $16.67.
NCI Building Systems (NYSE:NCS) last announced its quarterly earnings results on Wednesday, September 6th. The construction company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.05). The firm had revenue of $469.40 million for 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% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.33 EPS. Equities analysts forecast that NCI Building Systems will post $0.80 EPS for the current year.
NCI Building Systems declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, October 10th that permits the company to buyback $50.00 million in outstanding shares. This buyback authorization permits the construction company to buy shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its stock is undervalued.
In other news, EVP Todd R. Moore sold 6,000 shares of the business’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $13.75, for a total transaction of $82,500.00. Following the transaction, the executive vice president now owns 82,458 shares of the company’s stock, valued at approximately $1,133,797.50. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Norman C. Chambers sold 45,000 shares of the business’s stock in a transaction dated Thursday, July 20th. The shares were sold at an average price of $17.74, for a total transaction of $798,300.00. Following the transaction, the insider now directly owns 476,403 shares in the company, valued at approximately $8,451,389.22. The disclosure for this sale can be found here. Insiders own 1.78% of the company’s stock.
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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