$0.56 EPS Expected for NCI Building Systems Inc (NCS) This Quarter

Analysts expect NCI Building Systems Inc (NYSE:NCS) to post earnings of $0.56 per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for NCI Building Systems’ earnings, with the highest EPS estimate coming in at $0.56 and the lowest estimate coming in at $0.55. NCI Building Systems reported earnings per share of $0.32 in the same quarter last year, which indicates a positive year-over-year growth rate of 75%. The business is expected to report its next earnings report on Wednesday, December 5th.

According to Zacks, analysts expect that NCI Building Systems will report full-year earnings of $1.45 per share for the current fiscal year, with EPS estimates ranging from $1.45 to $1.46. For the next fiscal year, analysts expect that the business will report earnings of $1.85 per share, with EPS estimates ranging from $1.81 to $1.88. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that follow NCI Building Systems.

A number of research firms recently commented on NCS. Zacks Investment Research reiterated a “hold” rating on shares of NCI Building Systems in a report on Wednesday, November 14th. ValuEngine downgraded shares of NCI Building Systems from a “hold” rating to a “sell” rating in a report on Thursday, September 27th. Finally, TheStreet downgraded shares of NCI Building Systems from a “b-” rating to a “c+” rating in a report on Wednesday, August 15th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $19.67.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC bought a new stake in shares of NCI Building Systems in the 2nd quarter worth approximately $136,000. Pentwater Capital Management LP acquired a new stake in shares of NCI Building Systems during the third quarter valued at approximately $152,000. Trexquant Investment LP acquired a new stake in shares of NCI Building Systems during the third quarter valued at approximately $165,000. Quantbot Technologies LP acquired a new stake in shares of NCI Building Systems during the third quarter valued at approximately $185,000. Finally, Meeder Asset Management Inc. raised its holdings in shares of NCI Building Systems by 1,096.8% during the third quarter. Meeder Asset Management Inc. now owns 12,375 shares of the construction company’s stock valued at $187,000 after acquiring an additional 11,341 shares during the period. Institutional investors and hedge funds own 91.11% of the company’s stock.

Shares of NYSE NCS traded up $0.24 during midday trading on Thursday, reaching $11.35. The company’s stock had a trading volume of 571,462 shares, compared to its average volume of 356,326. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.58 and a quick ratio of 0.85. NCI Building Systems has a one year low of $10.24 and a one year high of $23.35. The company has a market capitalization of $751.42 million, a P/E ratio of 14.19, a PEG ratio of 0.61 and a beta of 1.51.

About NCI Building Systems

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.

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