NCI Building Systems (NCS) Receiving Somewhat Favorable News Coverage, Analysis Finds

Media coverage about NCI Building Systems (NYSE:NCS) has been trending somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. NCI Building Systems earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave news articles about the construction company an impact score of 45.8273277075771 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the news articles that may have effected Accern’s analysis:

A number of equities research analysts recently commented on the stock. Zacks Investment Research raised shares of NCI Building Systems from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research report on Tuesday, December 26th. DA Davidson reissued a “hold” rating and set a $18.00 target price on shares of NCI Building Systems in a research report on Friday, December 8th. Royal Bank of Canada reissued a “buy” rating and set a $16.00 target price on shares of NCI Building Systems in a research report on Wednesday, October 18th. Barclays reissued a “buy” rating and set a $16.00 target price (down previously from $19.00) on shares of NCI Building Systems in a research report on Friday, September 8th. Finally, TheStreet raised shares of NCI Building Systems from a “c+” rating to a “b-” rating in a research report on Wednesday, December 27th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $20.40.

NCI Building Systems (NCS) opened at $19.30 on Monday. The stock has a market cap of $1,300.00, a price-to-earnings ratio of 25.06, a price-to-earnings-growth ratio of 1.80 and a beta of 1.68. NCI Building Systems has a fifty-two week low of $13.05 and a fifty-two week high of $21.20. The company has a quick ratio of 1.06, a current ratio of 1.69 and a debt-to-equity ratio of 1.27.

NCI Building Systems (NYSE:NCS) last posted its quarterly earnings results on Wednesday, December 6th. The construction company reported $0.32 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.10). The company had revenue of $488.73 million during the quarter, compared to analysts’ expectations of $477.13 million. NCI Building Systems had a return on equity of 18.76% and a net margin of 3.08%. The company’s quarterly revenue was up 1.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.28 EPS. sell-side analysts expect that NCI Building Systems will post 1.07 EPS for the current year.

NCI Building Systems declared that its board has initiated a share buyback program on Tuesday, October 10th that authorizes the company to repurchase $50.00 million in shares. This repurchase authorization authorizes the construction company to buy shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

In related news, EVP Katy Theroux sold 5,200 shares of the firm’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $19.56, for a total transaction of $101,712.00. Following the completion of the transaction, the executive vice president now owns 53,051 shares of the company’s stock, valued at $1,037,677.56. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Todd R. Moore sold 36,000 shares of the firm’s stock in a transaction on Monday, December 18th. The stock was sold at an average price of $19.43, for a total transaction of $699,480.00. Following the transaction, the executive vice president now directly owns 85,735 shares of the company’s stock, valued at approximately $1,665,831.05. The disclosure for this sale can be found here. In the last ninety days, insiders sold 7,207,941 shares of company stock valued at $139,551,809. Corporate insiders own 1.78% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for NCI Building Systems (NYSE:NCS)

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