November 28, 2016 - By Ruchi Gupta
Director, Norman Chambers is the Nci Building Systems Inc’s insider that unloaded shares of Nci Building Systems Inc, 36,434 to be exact. These insider shares were based on a market price per share of $17.5, with the insider transaction having a market value near $637,617 U.S Dollars. In the last month, he also unloaded 291,179 shares that are worth $4,928,967 USD. More information about the sale dated November 28, 2016, could be found available for free in an electronic form on the SEC website here. Currently, Mr. Norman, has 519,665 shares, which accounts for 0.75% of the Company’s market cap. The insider’s activity definitely generated quite an interest in the stock community.
Out of 8 analysts covering NCI Building Systems (NYSE:NCS), 5 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 63% are positive. $20.0 is the highest target while $13 is the lowest. The $15.81 average target is -6.73% below today’s ($16.95) stock price. NCI Building Systems has been the topic of 11 analyst reports since August 12, 2015 according to StockzIntelligence Inc. UBS maintained the shares of NCS in a report on Thursday, September 3 with “Buy” rating. FBR Capital maintained NCI Building Systems Inc (NYSE:NCS) rating on Friday, September 4. FBR Capital has “Outperform” rating and $20.0 price target. The firm has “Outperform” rating given on Thursday, March 10 by Credit Suisse. The firm earned “Neutral” rating on Thursday, May 19 by DA Davidson. Citigroup reinitiated it with “Neutral” rating and $16.50 target price in Wednesday, October 12 report. The firm has “Buy” rating by BB&T Capital given on Friday, September 4. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, September 4. The firm has “Sell” rating given on Wednesday, August 12 by Zacks.
Insitutional Activity: The institutional sentiment increased to 1.85 in 2016 Q2. Its up 0.30, from 1.55 in 2016Q1. The ratio is positive, as 10 funds sold all NCI Building Systems Inc shares owned while 43 reduced positions. 36 funds bought stakes while 46 increased positions. They now own 67.65 million shares or 0.46% more from 67.34 million shares in 2016Q1.
Millennium Limited Liability owns 412,873 shares or 0.02% of their US portfolio. Citadel Advisors Lc holds 0% of its portfolio in NCI Building Systems Inc (NYSE:NCS) for 55,578 shares. Moreover, Tiaa Cref Invest Mgmt Limited has 0% invested in NCI Building Systems Inc (NYSE:NCS) for 208,068 shares. Public Employees Retirement Association Of Colorado accumulated 0% or 11,426 shares. Barclays Public Limited Co owns 11 shares or 0% of their US portfolio. Huntington National Bank & Trust, a Ohio-based fund reported 1,195 shares. Clear Harbor Asset Management Ltd accumulated 36,330 shares or 0.13% of the stock. Parametric Associates Llc last reported 15,363 shares in the company. Bnp Paribas Arbitrage Sa has 0% invested in the company for 1,057 shares. D E Shaw And Communication holds 0.01% of its portfolio in NCI Building Systems Inc (NYSE:NCS) for 406,173 shares. Sei owns 4,341 shares or 0% of their US portfolio. Principal Financial Grp last reported 398,000 shares in the company. Moreover, Blackrock has 0% invested in NCI Building Systems Inc (NYSE:NCS) for 12,793 shares. Globeflex Limited Partnership has invested 0.24% of its portfolio in NCI Building Systems Inc (NYSE:NCS). Ny State Common Retirement Fund last reported 0% of its portfolio in the stock.
Insider Transactions: Since June 29, 2016, the stock had 1 buying transaction, and 12 sales for $216.02 million net activity. $154,980 worth of NCI Building Systems Inc (NYSE:NCS) shares were sold by MOORE TODD R. 5,000 shares were sold by Ronchetto Robert Daniel, worth $88,026. 10,000 shares with value of $161,505 were sold by Brown Eric James on Friday, July 1. The insider CD&R Associates VIII – Ltd. sold $205.05M. $2.20 million worth of shares were sold by Johnson Mark E on Thursday, July 7. On Monday, November 14 CHAMBERS NORMAN C sold $2.85 million worth of the stock or 171,223 shares. Ball George L. also bought $68,175 worth of NCI Building Systems Inc (NYSE:NCS) shares.
The stock decreased 2.31% or $0.4 during the last trading session, hitting $16.95. About 364,495 shares traded hands. NCI Building Systems Inc (NYSE:NCS) has risen 17.63% since April 25, 2016 and is uptrending. It has outperformed by 11.61% the S&P500.
NCI Building Systems, Inc. is a manufacturer and marketer of metal products for the non-residential construction industry. The company has a market cap of $1.20 billion. The Firm operates through three divisions: engineered building systems, metal components and metal coil coating. It has a 25.25 P/E ratio. The metal coil coating segment consists of cleaning, treating, painting and slitting continuous steel coils before the steel is fabricated for use by construction and industrial users.
According to Zacks Investment Research, “NCI Building Systems, Inc. is an integrated manufacturers of metal products for the building industry. They operate manufacturing and distribution facilities and sell metal building components and engineered building systems, offering extensive metal product lines in the building industry with well-recognized brand names.”
Analysts await NCI Building Systems Inc (NYSE:NCS) to report earnings on December, 8. They expect $0.33 earnings per share, up 6.45% or $0.02 from last year’s $0.31 per share. NCS’s profit will be $23.36 million for 12.84 P/E if the $0.33 EPS becomes a reality. After $0.33 actual earnings per share reported by NCI Building Systems Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
More important recent NCI Building Systems Inc (NYSE:NCS) news were published by: Fool.com which released: “Why AeroVironment, NCI Building Systems, and H&R Block Slumped Today” on August 31, 2016, also Prnewswire.com published article titled: “NCI Building Systems Announces Fiscal Year 2016 Third Quarter Earnings Release ..”, Moodys.com published: “Moody’s changes NCI Building Systems, Inc.’s outlook to stable from negative ..” on January 08, 2016. More interesting news about NCI Building Systems Inc (NYSE:NCS) was released by: Prnewswire.com and their article: “NCI Building Systems Completes Acquisition of CENTRIA” with publication date: January 16, 2015.
NCI Building Systems, Inc., incorporated on December 23, 1991, is a maker and marketer of metal products for the nonresidential construction industry. The Firm provides metal coil coating services for commercial and construction applications, servicing customers. The Firm design, engineers, makes and markets metal components and engineered building systems in the industry. The Firm operates in three divisions, including metal coil coating, metal components and engineered building systems. The metal coil coating segment consists of cleaning, treating, painting and slitting continuous steel coils before the steel is fabricated for use by construction and industrial users. The metal components segment products include metal roof and wall panels, doors, metal partitions, metal trim, insulated panels and other related accessories. The engineered building systems segment includes the manufacturing of main frames, Long-Bay Systems and value-added engineering and drafting. The Firm consists of a family of companies operating 38 manufacturing facilities spanning the United States and Mexico.
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By Ruchi Gupta