Century Communities (CCS) Receiving Somewhat Favorable Media Coverage, Report Finds

News coverage about Century Communities (NYSE:CCS) has been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Century Communities earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned media stories about the construction company an impact score of 46.117534996458 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Several research firms have recently commented on CCS. B. Riley reaffirmed a “buy” rating on shares of Century Communities in a research report on Friday, November 3rd. Citigroup Inc. reaffirmed a “buy” rating and set a $30.00 price objective on shares of Century Communities in a research report on Tuesday, August 8th. BidaskClub cut Century Communities from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. FBR & Co reissued a “buy” rating and issued a $30.00 price target on shares of Century Communities in a research report on Tuesday, October 3rd. Finally, Wedbush reissued an “outperform” rating on shares of Century Communities in a research report on Saturday, September 16th. One 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 company’s stock. The company has a consensus rating of “Buy” and an average price target of $30.50.

Century Communities (CCS) opened at $29.80 on Wednesday. Century Communities has a 1-year low of $19.65 and a 1-year high of $30.16. The firm has a market cap of $783.08, a P/E ratio of 11.36 and a beta of 1.13. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.87 and a quick ratio of 0.87.

Century Communities (NYSE:CCS) last announced its earnings results on Thursday, November 2nd. The construction company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.30. The business had revenue of $374.90 million during the quarter, compared to analyst estimates of $409.42 million. Century Communities had a net margin of 4.03% and a return on equity of 10.70%. The company’s quarterly revenue was up 51.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.63 EPS. analysts anticipate that Century Communities will post 2.11 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: This piece was originally reported by Week Herald and is the property of of Week Herald. If you are reading this piece on another publication, it was stolen and republished in violation of U.S. & international trademark & copyright laws. The correct version of this piece can be viewed at https://weekherald.com/2017/11/15/somewhat-positive-news-coverage-somewhat-unlikely-to-affect-century-communities-ccs-share-price.html.

Century Communities Company Profile

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.

Insider Buying and Selling by Quarter for Century Communities (NYSE:CCS)

Receive News & Ratings for Century Communities Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Century Communities Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply