News coverage about CalAtlantic Group (NYSE:CAA) has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CalAtlantic Group earned a daily sentiment score of 0.25 on Accern’s scale. Accern also assigned media coverage about the industrial goods maker an impact score of 44.4842052594877 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Several research analysts recently commented on the stock. B. Riley reaffirmed a “neutral” rating on shares of CalAtlantic Group in a research note on Wednesday, November 1st. Zacks Investment Research raised shares of CalAtlantic Group from a “hold” rating to a “buy” rating and set a $67.00 price target on the stock in a research note on Tuesday, January 9th. MKM Partners downgraded shares of CalAtlantic Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 31st. Wedbush downgraded shares of CalAtlantic Group from an “outperform” rating to a “neutral” rating and raised their price target for the stock from $41.00 to $51.00 in a research note on Tuesday, October 31st. Finally, UBS Group assumed coverage on shares of CalAtlantic Group in a research note on Wednesday, October 25th. They issued a “neutral” rating and a $42.00 price target on the stock. Thirteen analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $55.22.
CalAtlantic Group (NYSE CAA) remained flat at $$53.12 during mid-day trading on Friday. The stock has a market capitalization of $6,170.00 and a P/E ratio of 15.76. CalAtlantic Group has a 12 month low of $33.56 and a 12 month high of $64.60. The company has a current ratio of 5.91, a quick ratio of 0.29 and a debt-to-equity ratio of 0.80.
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About CalAtlantic Group
CalAtlantic Group, Inc is a diversified builder of single-family attached and detached homes. The Company operates through two segments: homebuilding and financial services. The homebuilding segment operations include acquiring and developing land, and constructing and selling single-family attached and detached homes.
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