Analysts Anticipate NCI Building Systems Inc (NCS) to Post $0.09 EPS

Analysts predict that NCI Building Systems Inc (NYSE:NCS) will post earnings per share (EPS) of $0.09 for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for NCI Building Systems’ earnings, with estimates ranging from $0.08 to $0.10. NCI Building Systems reported earnings of $0.05 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 80%. The business is expected to report its next quarterly earnings report on Tuesday, March 6th.

On average, analysts expect that NCI Building Systems will report full year earnings of $1.09 per share for the current fiscal year, with EPS estimates ranging from $1.08 to $1.10. For the next fiscal year, analysts anticipate that the business will report earnings of $1.39 per share, with EPS estimates ranging from $1.33 to $1.45. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for NCI Building Systems.

NCI Building Systems (NYSE:NCS) last announced its quarterly earnings data on Wednesday, December 6th. The construction company reported $0.32 EPS for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.10). NCI Building Systems had a return on equity of 18.76% and a net margin of 3.08%. The company had revenue of $488.73 million for the quarter, compared to analysts’ expectations of $477.13 million. During the same quarter in the previous year, the business posted $0.28 EPS. The business’s quarterly revenue was up 1.8% compared to the same quarter last year.

A number of equities analysts recently commented on NCS shares. Royal Bank of Canada reiterated a “buy” rating and set a $22.00 price objective on shares of NCI Building Systems in a research report on Friday, December 8th. Barclays set a $21.00 price objective on NCI Building Systems and gave the stock a “buy” rating in a research report on Friday, December 8th. TheStreet upgraded NCI Building Systems from a “c+” rating to a “b-” rating in a research report on Wednesday, December 27th. DA Davidson reiterated a “hold” rating and set a $18.00 price objective on shares of NCI Building Systems in a research report on Friday, December 8th. Finally, Zacks Investment Research upgraded NCI Building Systems from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research report on Tuesday, December 26th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $21.00.

In other NCI Building Systems news, EVP Katy Theroux sold 5,200 shares of NCI Building Systems stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $19.56, for a total value of $101,712.00. Following the sale, the executive vice president now owns 53,051 shares in the company, valued at $1,037,677.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Bradley Scott Little sold 2,750 shares of NCI Building Systems stock in a transaction on Friday, January 5th. The shares were sold at an average price of $19.48, for a total value of $53,570.00. Following the completion of the sale, the vice president now owns 28,663 shares in the company, valued at approximately $558,355.24. The disclosure for this sale can be found here. Insiders sold 7,296,115 shares of company stock worth $141,263,459 in the last 90 days. Company insiders own 1.78% of the company’s stock.

A number of large investors have recently bought and sold shares of the business. Investment Counselors of Maryland LLC acquired a new stake in shares of NCI Building Systems in the third quarter valued at $12,225,000. Thompson Siegel & Walmsley LLC acquired a new stake in shares of NCI Building Systems in the third quarter valued at $8,511,000. Royal Bank of Canada grew its stake in shares of NCI Building Systems by 83.5% in the second quarter. Royal Bank of Canada now owns 1,112,916 shares of the construction company’s stock valued at $18,586,000 after buying an additional 506,499 shares in the last quarter. Elk Creek Partners LLC acquired a new stake in shares of NCI Building Systems in the second quarter valued at $7,070,000. Finally, Dimensional Fund Advisors LP grew its stake in shares of NCI Building Systems by 17.5% in the third quarter. Dimensional Fund Advisors LP now owns 1,815,652 shares of the construction company’s stock valued at $28,324,000 after buying an additional 270,357 shares in the last quarter. Institutional investors own 96.22% of the company’s stock.

Shares of NCI Building Systems (NYSE:NCS) traded down $0.20 during trading on Thursday, reaching $18.90. The company had a trading volume of 351,148 shares, compared to its average volume of 879,596. NCI Building Systems has a 52-week low of $13.05 and a 52-week high of $21.20. The stock has a market capitalization of $1,260.00, a P/E ratio of 24.55, a price-to-earnings-growth ratio of 1.73 and a beta of 1.68. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.06 and a current ratio of 1.69.

NCI Building Systems announced that its board has approved a share buyback plan on Tuesday, October 10th that allows the company to repurchase $50.00 million in outstanding shares. This repurchase authorization allows the construction company to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

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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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