Zacks: Analysts Set $16.00 Price Target for Select Interior Concepts (NYSE:SIC)

Shares of Select Interior Concepts (NYSE:SIC) have earned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that cover the company, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy recommendation.

Brokers have set a 12-month consensus target price of $16.00 for the company and are forecasting that the company will post $0.24 EPS for the current quarter, according to Zacks. Zacks has also assigned Select Interior Concepts an industry rank of 107 out of 255 based on the ratings given to related companies.

Separately, Zacks Investment Research upgraded shares of Select Interior Concepts from a “sell” rating to a “hold” rating in a report on Tuesday, November 5th.

NYSE SIC traded down $0.52 on Tuesday, reaching $10.05. The company had a trading volume of 81,333 shares, compared to its average volume of 164,221. The firm’s 50 day moving average price is $11.95 and its 200 day moving average price is $11.77. Select Interior Concepts has a 12 month low of $5.94 and a 12 month high of $14.73.

Select Interior Concepts (NYSE:SIC) last posted its earnings results on Tuesday, November 5th. The company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.02). The firm had revenue of $159.40 million for the quarter, compared to analysts’ expectations of $165.80 million.

In other Select Interior Concepts news, major shareholder Adam D. Wyden bought 3,000 shares of Select Interior Concepts stock in a transaction dated Thursday, August 15th. The shares were purchased at an average cost of $11.29 per share, for a total transaction of $33,870.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Several institutional investors have recently bought and sold shares of SIC. Strs Ohio bought a new stake in shares of Select Interior Concepts in the 2nd quarter worth about $66,000. Acadian Asset Management LLC bought a new position in Select Interior Concepts during the 2nd quarter valued at about $177,000. Northern Trust Corp bought a new position in Select Interior Concepts during the 2nd quarter valued at about $209,000. Wells Fargo & Company MN grew its holdings in Select Interior Concepts by 11.9% during the 2nd quarter. Wells Fargo & Company MN now owns 22,055 shares of the company’s stock valued at $258,000 after purchasing an additional 2,338 shares during the last quarter. Finally, WINTON GROUP Ltd bought a new position in Select Interior Concepts during the 2nd quarter valued at about $287,000.

Select Interior Concepts Company Profile

There is no company description available for Select Interior Concepts Inc

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