NCI Building Systems Inc (NYSE:NCS) has been given an average rating of “Hold” by the eight brokerages that are currently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is $6.67.
Several brokerages have commented on NCS. Barclays reaffirmed a “hold” rating on shares of LHC Group in a research report on Sunday, May 12th. Seaport Global Securities reaffirmed a “buy” rating on shares of NCI Building Systems in a research report on Sunday, May 12th.
Shares of NCS stock traded down $0.07 during trading on Friday, reaching $6.09. The company had a trading volume of 423,655 shares, compared to its average volume of 810,733. The stock has a 50 day moving average price of $5.17. The company has a quick ratio of 0.99, a current ratio of 1.72 and a debt-to-equity ratio of 3.89. NCI Building Systems has a one year low of $5.39 and a one year high of $23.35. The firm has a market cap of $764.38 million, a P/E ratio of 4.20, a PEG ratio of 0.68 and a beta of 1.82.
In other news, CAO Brian P. Boyle acquired 15,000 shares of the firm’s stock in a transaction dated Friday, June 7th. The shares were bought at an average price of $4.29 per share, with a total value of $64,350.00. Following the acquisition, the chief accounting officer now owns 45,408 shares of the company’s stock, valued at $194,800.32. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman James S. Metcalf acquired 96,348 shares of the firm’s stock in a transaction dated Friday, May 10th. The shares were purchased at an average cost of $6.02 per share, for a total transaction of $580,014.96. Following the acquisition, the chairman now directly owns 387,860 shares in the company, valued at approximately $2,334,917.20. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 205,000 shares of company stock worth $1,104,252. Company insiders own 1.54% of the company’s stock.
Several large investors have recently made changes to their positions in NCS. NumerixS Investment Technologies Inc grew its holdings in shares of NCI Building Systems by 276.9% during the 4th quarter. NumerixS Investment Technologies Inc now owns 4,900 shares of the construction company’s stock worth $36,000 after purchasing an additional 3,600 shares in the last quarter. Factorial Partners LLC acquired a new stake in NCI Building Systems in the 1st quarter valued at $37,000. Nomura Holdings Inc. acquired a new stake in NCI Building Systems in the 4th quarter valued at $44,000. Denali Advisors LLC acquired a new stake in NCI Building Systems in the 1st quarter valued at $47,000. Finally, BNP Paribas Arbitrage SA boosted its stake in NCI Building Systems by 1,100.7% in the 1st quarter. BNP Paribas Arbitrage SA now owns 8,993 shares of the construction company’s stock valued at $55,000 after buying an additional 8,244 shares in the last quarter. 93.67% of the stock is currently owned by institutional investors.
NCI Building Systems Company Profile
NCI Building Systems, Inc designs, engineers, manufactures, and markets metal products for the nonresidential construction industry in North America. It operates in four segments: Engineered Building Systems, Metal Components, Insulated Metal Panels, 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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