Could Nci Building Systems Incorporated (NYSE:NCS) See a Reversal After Less Sellers Came In?

July 17, 2017 - By Vivian Park

 Could Nci Building Systems Incorporated (NYSE:NCS) See a Reversal After Less Sellers Came In?

Investors sentiment decreased to 0.95 in 2016 Q4. Its down 0.90, from 1.85 in 2016Q3. It dived, as 25 investors sold NCI Building Systems Inc shares while 50 reduced holdings. 23 funds opened positions while 48 raised stakes. 62.09 million shares or 1.18% less from 62.83 million shares in 2016Q3 were reported.
Kalmar Invests Inc De holds 306,260 shares or 0.25% of its portfolio. Bnp Paribas Arbitrage holds 0% or 6,836 shares in its portfolio. First Advsr L P owns 89,243 shares for 0% of their portfolio. Piedmont Inv Advsr Ltd holds 216 shares. Ahl Prns Llp accumulated 28,562 shares. Cornerstone Management Limited Liability reported 95,978 shares. Moreover, Prescott Grp Capital Mgmt Ltd Limited Liability Company has 1% invested in NCI Building Systems Inc (NYSE:NCS) for 302,483 shares. Clinton Group owns 18,636 shares. California Employees Retirement has 36,900 shares for 0% of their portfolio. Moreover, Qs Invsts has 0.02% invested in NCI Building Systems Inc (NYSE:NCS). Wedge Cap L Lp Nc owns 17,831 shares. Tiaa Cref Investment Mgmt Limited Co has 272,224 shares. Oxford Asset Mngmt invested in 110,279 shares or 0.09% of the stock. Tower Rech Cap Llc (Trc) has 1,241 shares for 0% of their portfolio. Victory Incorporated holds 5,391 shares or 0% of its portfolio.

Since January 24, 2017, it had 0 insider purchases, and 1 sale for $39,903 activity. $39,903 worth of NCI Building Systems Inc (NYSE:NCS) was sold by Little Bradley Scott on Tuesday, January 24.

The stock of Nci Building Systems Incorporated (NYSE:NCS) registered a decrease of 19.6% in short interest. NCS’s total short interest was 1.06 million shares in July as published by FINRA. Its down 19.6% from 1.32 million shares, reported previously. With 439,300 shares average volume, it will take short sellers 2 days to cover their NCS’s short positions.

The stock increased 0.86% or $0.15 on July 17, reaching $17.65. About 251,072 shares traded. NCI Building Systems Inc (NYSE:NCS) has risen 17.08% since July 17, 2016 and is uptrending. It has outperformed by 0.38% the S&P500.

NCI Building Systems, Inc. is a manufacturer and marketer of metal products in North America. The company has market cap of $1.25 billion. The Company’s operating divisions include Engineered building systems, Metal components and Metal coil coating. It has a 20.73 P/E ratio. The Engineered building systems segment is engaged in the manufacturing of main frames and long bay systems, and engineering and drafting.

NCI Building Systems Inc (NYSE:NCS) Ratings Coverage

Among 10 analysts covering NCI Building Systems (NYSE:NCS), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. NCI Building Systems had 15 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of NCI Building Systems Inc (NYSE:NCS) earned “Overweight” rating by Barclays Capital on Friday, January 6. On Monday, June 5 the stock rating was maintained by RBC Capital Markets with “Buy”. As per Friday, September 4, the company rating was maintained by BB&T Capital. The rating was upgraded by Zacks to “Sell” on Wednesday, August 12. RBC Capital Markets upgraded the stock to “Outperform” rating in Wednesday, April 26 report. The stock of NCI Building Systems Inc (NYSE:NCS) has “Buy” rating given on Thursday, September 3 by UBS. As per Wednesday, October 12, the company rating was reinitiated by Citigroup. DA Davidson downgraded it to “Neutral” rating and $16 target in Thursday, May 19 report. The stock of NCI Building Systems Inc (NYSE:NCS) has “Sector Perform” rating given on Friday, September 4 by RBC Capital Markets. As per Thursday, March 10, the company rating was maintained by Credit Suisse.

More notable recent NCI Building Systems Inc (NYSE:NCS) news were published by: Prnewswire.com which released: “NCI Building Systems Announces Fiscal Year 2017 First Quarter Earnings Release …” on February 22, 2017, also Seekingalpha.com with their article: “NCI Building Systems’ (NCS) CEO Norman Chambers Q3 2016 Results – Earnings …” published on August 31, 2016, Seekingalpha.com published: “NCI Building Systems’ (NCS) CEO Norman Chambers on Q2 2017 Results – Earnings …” on June 07, 2017. More interesting news about NCI Building Systems Inc (NYSE:NCS) were released by: Nasdaq.com and their article: “Here’s Why NCI Building Systems (NCS) Stock is a Must Buy” published on June 14, 2017 as well as Prnewswire.com‘s news article titled: “NCI Building Systems Announces Amendment of its Existing Term Loan Facility” with publication date: May 02, 2017.

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