NCI Building Systems, Inc. (NYSE:NCS)

CAPS Rating: 1 out of 5

Integrated manufacturer and marketer of metal products for the building industry. The Company operates a number of manufacturing and distribution facilities in the United States and Mexico.

Recs

1
Player Avatar jmwade21 (< 20) Submitted: 4/23/2008 10:06:05 AM : Underperform Start Price: $110.20 NCS Score: +132.83

It is cash poor to its competitors. Nucor Steel and Bluescope will be able to handle the swings in steel avaiablity and costs much easier than NCI

Member Avatar rkjoyce59 (< 20) Submitted: 2/9/2010 7:02:30 PM
Recs: 0

Nucor is beating the mayonnaise out of NCI and the rest of the steel building industry right now. NCI will not return with the rest of the construction industry. Builders are fleeing the brand for the cheaper Nucor steel. Wait for the reports from MBMA. NCI has too much debt to fight back and they are going away. It is honestly happening much quicker than I thought. Nucor is winning all the bids these days. Nucor declared war the day NCI got the $250M deal. Bluescope or NCI have yet to respond.

Nucor is giving it away but they have $2B in the bank. They will continue to give it away until NCI and/or Bluescope are out of business. Plus, where is NCI going to get the cash to pay the dividend to CD&R? They have not made $20M (8% on $250M) profit in years. I would stay far away from this stock.

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