Somewhat Positive Press Coverage Somewhat Unlikely to Affect Century Communities (CCS) Stock Price
Press coverage about Century Communities (NYSE:CCS) has trended somewhat positive on Sunday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Century Communities earned a news impact score of 0.09 on Accern’s scale. Accern also assigned media stories about the construction company an impact score of 46.8732740687367 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news articles that may have effected Accern Sentiment’s rankings:
- Century Communities completes $356M merger with homebuilder UCP (bizjournals.com)
- Century Communities Rings Opening Bell at the New York Stock Exchange (finance.yahoo.com)
- Analysts Anticipate Century Communities, Inc. (CCS) Will Post Quarterly Sales of $303.62 Million (americanbankingnews.com)
- Century Communities, Inc. :CCS-US: Earnings Analysis: Q2, 2017 By the Numbers : August 8, 2017 (finance.yahoo.com)
- Century Communities, Inc. (NYSE:CCS) Receives Average Rating of “Buy” from Analysts (americanbankingnews.com)
A number of equities analysts have weighed in on CCS shares. FBR & Co reaffirmed an “outperform” rating and set a $27.00 price target on shares of Century Communities in a research report on Monday, April 17th. Zacks Investment Research downgraded Century Communities from a “hold” rating to a “sell” rating in a research report on Tuesday, April 18th. ValuEngine raised Century Communities from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 2nd. BidaskClub downgraded Century Communities from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Finally, Citigroup Inc. reaffirmed a “buy” rating and set a $30.00 price target on shares of Century Communities in a research report on Tuesday, August 8th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $29.25.
Shares of Century Communities (CCS) traded down 0.22% during midday trading on Friday, reaching $23.00. The company’s stock had a trading volume of 252,838 shares. The company’s 50-day moving average price is $25.18 and its 200 day moving average price is $24.99. The company has a market capitalization of $625.37 million, a P/E ratio of 6.78 and a beta of 1.02. Century Communities has a 12-month low of $18.45 and a 12-month high of $28.05.
Century Communities (NYSE:CCS) last announced its earnings results on Thursday, August 3rd. The construction company reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by $0.01. Century Communities had a return on equity of 10.74% and a net margin of 4.87%. The firm had revenue of $287.60 million during the quarter, compared to the consensus estimate of $305.38 million. During the same period in the prior year, the company posted $0.62 EPS. The firm’s revenue was up 11.8% on a year-over-year basis. On average, equities research analysts forecast that Century Communities will post $2.25 earnings per share for the current year.
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