Somewhat Positive News Coverage Somewhat Unlikely to Affect Century Communities (CCS) Share Price
News headlines about Century Communities (NYSE:CCS) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Century Communities earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave news headlines about the construction company an impact score of 47.3712134095672 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news headlines that may have effected Accern’s scoring:
- $497.30 Million in Sales Expected for Century Communities, Inc. (CCS) This Quarter (americanbankingnews.com)
- ETFs with exposure to Century Communities, Inc. : November 7, 2017 (finance.yahoo.com)
- Century Communities, Inc. :CCS-US: Earnings Analysis: Q3, 2017 By the Numbers : November 6, 2017 (finance.yahoo.com)
- FY2017 Earnings Estimate for Century Communities, Inc. (CCS) Issued By Wedbush (americanbankingnews.com)
CCS has been the subject of a number of research reports. Zacks Investment Research cut shares of Century Communities from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. J P Morgan Chase & Co raised shares of Century Communities from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $28.00 to $32.00 in a research note on Thursday, September 14th. FBR & Co reissued a “buy” rating and set a $30.00 target price on shares of Century Communities in a research note on Tuesday, October 3rd. Wedbush reissued an “outperform” rating on shares of Century Communities in a research note on Saturday, September 16th. Finally, Citigroup Inc. reissued a “buy” rating and set a $30.00 target price on shares of Century Communities in a research note on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Century Communities has an average rating of “Buy” and an average price target of $30.50.
Shares of Century Communities (NYSE:CCS) traded up $0.05 during midday trading on Friday, reaching $28.50. 378,700 shares of the company traded hands, compared to its average volume of 185,399. Century Communities has a one year low of $19.65 and a one year high of $30.16. The stock has a market cap of $784.46, a PE ratio of 11.38 and a beta of 1.13. The company has a debt-to-equity ratio of 1.19, a quick ratio of 3.98 and a current ratio of 0.87.
Century Communities (NYSE:CCS) last announced its quarterly earnings data on Thursday, November 2nd. The construction company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.30. Century Communities had a net margin of 4.03% and a return on equity of 10.70%. The company had revenue of $374.90 million during the quarter, compared to analysts’ expectations of $409.42 million. During the same quarter in the prior year, the company earned $0.63 EPS. Century Communities’s revenue was up 51.1% compared to the same quarter last year. research analysts anticipate that Century Communities will post 2.11 earnings per share for the current fiscal year.
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About Century Communities
Century Communities, Inc engages in homebuilding business in Atlanta, Central Texas, Colorado, Houston, Nevada, and Utah. It is involved in the development, design, construction, marketing, and sale of single-family attached and detached homes, as well as entitlement and development of land. The company sells homes through its sales representatives, as well as through independent real estate brokers.
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