We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
What's in the Cards for NCI Building (NCS) in Q1 Earnings?
Read MoreHide Full Article
NCI Building Systems, Inc. is scheduled to report first-quarter fiscal 2017 results, after the market closes on Mar 7. In the last quarter, the company’s adjusted earnings missed the Zacks Consensus Estimate. NCI Building has beaten estimates in two out of the trailing four quarters, with an impressive average positive earnings surprise of 87.26%. Let’s see how things are shaping up for this announcement.
Key Factors
For fiscal first quarter, NCI Building expects revenues in the range of $370–$390 million and gross margins in the range of 21.0–23.5%. For fiscal 2017, NCI Building estimates revenues to be in the range of $1.75–$1.85 billion and adjusted EBITDA to be in the $175–205 million band.
Moreover, the company is likely to gain from growth in low-rise non-residential construction, restructuring and reorganization. NCI Building’s performance will also be aided by successful acquisitions, share repurchases and robust backlog growth. However, escalating steel costs, poor oil prices and unfavorable foreign currency remain headwinds for the company.
In the last one year, NCI Building has outperformed the Zacks classified Building & Construction Production Miscellaneous sub industry with respect to price performance. While the stock gained 36.3%, the industry recorded growth of 33.5%, over the same time frame.
Earnings Whispers
Our proven model does not conclusively show that NCI Building is likely to beat earnings this quarter as it lacks the key components. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. This is not the case here as you will see below:
Zacks ESP: The Earnings ESP for NCI Building is 0.00%. This is because the Most Accurate estimate of 5 cents is in line with the Zacks Consensus Estimate. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: NCI Building currently carries a Zacks Rank #3. Although this increases the predictive power of ESP, the company’s 0.00% ESP makes an earnings prediction uncertain.
It should be noted that we caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Headwaters Incorporated has an Earnings ESP of +23.53% and a Zacks Rank #3.
Quanta Services, Inc. (PWR - Free Report) has an Earnings ESP of +9.76% and a Zacks Rank #3.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017?
Who wouldn't? Last year's market-beating Top 10 portfolio produced 5 double-digit winners. For example, oil and natural gas giant Pioneer Natural Resources and First Republic Bank racked up stellar gains of +44.9% and +44.3% respectively. Now a brand-new list for 2017 has been hand-picked from 4,400 companies covered by the Zacks Rank. See the 2017 Top 10 right now>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
What's in the Cards for NCI Building (NCS) in Q1 Earnings?
NCI Building Systems, Inc. is scheduled to report first-quarter fiscal 2017 results, after the market closes on Mar 7. In the last quarter, the company’s adjusted earnings missed the Zacks Consensus Estimate. NCI Building has beaten estimates in two out of the trailing four quarters, with an impressive average positive earnings surprise of 87.26%. Let’s see how things are shaping up for this announcement.
Key Factors
For fiscal first quarter, NCI Building expects revenues in the range of $370–$390 million and gross margins in the range of 21.0–23.5%. For fiscal 2017, NCI Building estimates revenues to be in the range of $1.75–$1.85 billion and adjusted EBITDA to be in the $175–205 million band.
Moreover, the company is likely to gain from growth in low-rise non-residential construction, restructuring and reorganization. NCI Building’s performance will also be aided by successful acquisitions, share repurchases and robust backlog growth. However, escalating steel costs, poor oil prices and unfavorable foreign currency remain headwinds for the company.
NCI Building Systems, Inc. Price and EPS Surprise
NCI Building Systems, Inc. Price and EPS Surprise | NCI Building Systems, Inc. Quote
Share Price Performance
In the last one year, NCI Building has outperformed the Zacks classified Building & Construction Production Miscellaneous sub industry with respect to price performance. While the stock gained 36.3%, the industry recorded growth of 33.5%, over the same time frame.
Earnings Whispers
Our proven model does not conclusively show that NCI Building is likely to beat earnings this quarter as it lacks the key components. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. This is not the case here as you will see below:
Zacks ESP: The Earnings ESP for NCI Building is 0.00%. This is because the Most Accurate estimate of 5 cents is in line with the Zacks Consensus Estimate. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: NCI Building currently carries a Zacks Rank #3. Although this increases the predictive power of ESP, the company’s 0.00% ESP makes an earnings prediction uncertain.
It should be noted that we caution against stocks with a Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks to Consider
Evercore Partners Inc. (EVR - Free Report) has an Earnings ESP of +12.50% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Headwaters Incorporated has an Earnings ESP of +23.53% and a Zacks Rank #3.
Quanta Services, Inc. (PWR - Free Report) has an Earnings ESP of +9.76% and a Zacks Rank #3.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017?
Who wouldn't? Last year's market-beating Top 10 portfolio produced 5 double-digit winners. For example, oil and natural gas giant Pioneer Natural Resources and First Republic Bank racked up stellar gains of +44.9% and +44.3% respectively. Now a brand-new list for 2017 has been hand-picked from 4,400 companies covered by the Zacks Rank. See the 2017 Top 10 right now>>