logo
Share SHARE
FONT-SIZE Plus   Neg

Interesting Stocks To Watch - Dec. 5: NCS

NCI Building Systems Inc. (NCS: Quote) comes on our radar after reporting a profit and 28.4% growth in sales for the fourth quarter.

Company Profile

NCI Building Systems design, manufacture and market a comprehensive line of metal buildings and components for the nonresidential construction industry.

The company's Metal Coil Coating segment offers full-service coating capabilities for cleaning, treating, slitting and coating various flat-rolled metal coil substrates which are used for nonresidential construction applications by external customers and its own components and building groups, as well as for other industrial applications in the lighting, HVAC and appliance markets.

Metal Components segment designs, engineers, manufactures, and markets metal components, including metal roof and wall systems, metal partitions, metal trims, doors, and other related accessories for construction, repair and retrofit, architectural, and engineered building system applications. It sells metal components directly to regional manufacturers, contractors, subcontractors, distributors, lumberyards, co-operative buying groups, and other customers.

The company's Engineered Building Systems segment offers engineered building systems and self-storage building systems for commercial, industrial, agricultural, governmental, and community markets. This segment sells its products to builders, general contractors, developers, private label companies, and end users through an in-house sales force.

Quarterly Results

NCI Swings To Profit In Q4

- Q4 net income was $6.3 million or $0.08 per share versus loss $4.4 million or $0.24 per share last year.

- Q4 adj. net income was $6.4 million or $0.08 per share versus loss $2.1 million or $0.11 per share last year. Consensus - $0.08 per share.

- Q4 sales rose 28.4% to $361.69 million from $281.79 million last year.

Q3 Results

- Q3 net loss was $52.1 million or $2.74 per share versus $13.1 million or $0.71 per share last year.

- Q3 adj. net income was $918 thousand or $0.05 per share versus loss $6.99 million or $0.38 per share a year ago.

- Q3 sales rose to $298.5 million from $262.1 million last year.

Q2 Adj. Loss Narrows

- Q2 second-quarter net loss was $16.3 million or $0.86 per share versus $9.2 million or $0.51 per share last year.

- Q2 adj. net loss narrowed to $8.4 million or $0.45 per share from $8.7 million or $0.48 per share last year. Consensus - loss $0.39 per share.

- Q2 sales grew to $250.23 million from $225.57 million last year.

Q1 Results

- Q1 net loss narrowed to $10.0 million or $0.54 per share from $20.7 million or $1.1.14 per share last year.

- Q1 adj. net loss was $6.0 million or $0.32 per share versus $17.9 million or $0.99 per share last year.

- Q1 sales rose 28% to $243.60 million from $190.09 million last year.

Annual Financial Data

Sales for fiscal 2011 totaled $959.6 million, compared to $870.5 million in 2010, and $965.3 million in 2009.

Net loss applicable to common shares for 2011 amounted to $47.5 million or $2.58 per share, compared to a loss of $311.2 million or $17.07 per share in 2010, and loss $762.5 million or $171.18 per share in 2009.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Fortune has once again named Google Inc. (GOOG, GOOGL) as the best company to work for, with Twitter Inc. (TWTR) also joining the annual list for the first time. This is for the sixth time and for the fourth consecutive time that Google has ranked No.1 in the Fortune's annual list of "100 Best Companies... Dunkin' Donuts has agreed to remove a whitening agent called titanium dioxide, commonly a source of nanomaterials, from all powdered sugar used in its donuts. The move follows pressure from advocacy group As You Sow, which put a shareholder proposal asking Dunkin' to reduce the risks of using nanomaterials in its food products. Warren Buffett's Berkshire Hathaway is reportedly planning its first ever European bond sale of 3 billion euros to take advantage of low interest rates in the region, traversing a path taken by a range of home companies in search of cheap funding options. The move comes as the European Central Bank's bond-buying stimulus program of 60 billion euros a month is imminent.
comments powered by Disqus
RELATED NEWS
Trade NCS now with 
Follow RTT