NCI Building Systems Inc (NCS) Chairman Purchases $22,386.76 in Stock

Share on StockTwits

NCI Building Systems Inc (NYSE:NCS) Chairman James S. Metcalf bought 3,652 shares of NCI Building Systems stock in a transaction on Monday, May 13th. The stock was acquired at an average cost of $6.13 per share, for a total transaction of $22,386.76. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

NYSE:NCS traded down $0.14 during trading hours on Friday, hitting $6.13. 17,820 shares of the company were exchanged, compared to its average volume of 782,034. The firm has a market cap of $793.25 million, a P/E ratio of 4.23, a P/E/G ratio of 0.70 and a beta of 1.82. 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 Inc has a one year low of $5.39 and a one year high of $23.35.

NCI Building Systems (NYSE:NCS) last announced its earnings results on Wednesday, May 8th. The construction company reported ($0.28) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.30). The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.02 billion. NCI Building Systems had a return on equity of 33.27% and a net margin of 3.15%. The firm’s revenue for the quarter was up 152.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.14 earnings per share. As a group, equities research analysts expect that NCI Building Systems Inc will post 0.9 EPS for the current year.

Several equities research analysts recently weighed in on the company. Barclays reissued a “hold” rating on shares of NCI Building Systems in a report on Sunday, May 12th. Seaport Global Securities reissued a “buy” rating on shares of NCI Building Systems in a report on Sunday, May 12th. UBS Group downgraded NCI Building Systems from a “buy” rating to a “neutral” rating and cut their price objective for the company from $23.00 to $8.00 in a report on Thursday, January 17th. Finally, DA Davidson downgraded NCI Building Systems from a “neutral” rating to an “underperform” rating and set a $4.00 price objective on the stock. in a report on Tuesday, February 19th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $7.80.

A number of large investors have recently made changes to their positions in the stock. Golden Gate Private Equity Inc. bought a new position in NCI Building Systems during the 4th quarter worth $121,361,000. BlackRock Inc. grew its stake in shares of NCI Building Systems by 3.1% in the 4th quarter. BlackRock Inc. now owns 3,117,966 shares of the construction company’s stock valued at $22,604,000 after buying an additional 92,543 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of NCI Building Systems by 5.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,136,016 shares of the construction company’s stock valued at $13,157,000 after buying an additional 102,851 shares during the period. Vanguard Group Inc grew its stake in shares of NCI Building Systems by 4.4% in the 3rd quarter. Vanguard Group Inc now owns 2,076,374 shares of the construction company’s stock valued at $31,457,000 after buying an additional 87,714 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of NCI Building Systems by 4.4% in the 3rd quarter. Vanguard Group Inc. now owns 2,076,374 shares of the construction company’s stock valued at $31,457,000 after buying an additional 87,714 shares during the period. 95.27% of the stock is owned by institutional investors and hedge funds.

TRADEMARK VIOLATION WARNING: “NCI Building Systems Inc (NCS) Chairman Purchases $22,386.76 in Stock” was originally posted by Week Herald and is the sole property of of Week Herald. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of US & international trademark & copyright law. The correct version of this report can be accessed at https://weekherald.com/2019/05/17/nci-building-systems-inc-ncs-chairman-purchases-22386-76-in-stock.html.

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.

Featured Article: How Do Mutual Funds Work?

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

Receive News & Ratings for NCI Building Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NCI Building Systems and related companies with MarketBeat.com's FREE daily email newsletter.