Media headlines about NCI Building Systems (NYSE:NCS) have been trending somewhat positive on Sunday, Accern Sentiment reports. The research group scores the sentiment of 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 0.11 on Accern’s scale. Accern also assigned news coverage about the construction company an impact score of 45.2321712351011 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
A number of analysts recently weighed in on the stock. Royal Bank Of Canada reissued a “buy” rating and issued a $16.00 price objective on shares of NCI Building Systems in a research report on Wednesday, October 18th. Zacks Investment Research lowered shares of NCI Building Systems from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 8th. BidaskClub lowered shares of NCI Building Systems from a “hold” rating to a “sell” rating in a research report 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 report on Friday, September 8th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. NCI Building Systems has a consensus rating of “Hold” and an average price target of $17.33.
NCI Building Systems (NCS) opened at $15.80 on Friday. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.79 and a quick ratio of 1.06. The company has a market cap of $1,120.52, a PE ratio of 20.79, a price-to-earnings-growth ratio of 1.50 and a beta of 1.65. NCI Building Systems has a one year low of $13.05 and a one year high of $18.60.
NCI Building Systems (NYSE:NCS) last issued its earnings results on Wednesday, September 6th. The construction company reported $0.27 EPS for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.05). The company had revenue of $469.40 million during the quarter, compared to the consensus estimate of $495.21 million. NCI Building Systems had a return on equity of 18.31% and a net margin of 3.18%. NCI Building Systems’s revenue was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.33 earnings per share. sell-side analysts anticipate that NCI Building Systems will post 0.79 earnings per share for the current fiscal year.
NCI Building Systems declared that its Board of Directors has approved a share buyback program on Tuesday, October 10th that authorizes the company to repurchase $50.00 million in outstanding shares. This repurchase authorization authorizes the construction company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its shares are undervalued.
In other NCI Building Systems news, EVP Todd R. Moore sold 6,000 shares of the company’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $13.75, for a total value of $82,500.00. Following the transaction, the executive vice president now directly owns 82,458 shares in the company, valued at approximately $1,133,797.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James S. Metcalf bought 30,000 shares of the company’s stock in a transaction on Monday, September 11th. The stock was bought at an average price of $13.42 per share, for a total transaction of $402,600.00. Following the completion of the purchase, the director now directly owns 30,000 shares in the company, valued at $402,600. The disclosure for this purchase can be found here. 1.78% of the stock is 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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