Gafisa (GFA) Downgraded by ValuEngine

Gafisa (NYSE:GFA) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Monday, February 5th.

Separately, JPMorgan Chase & Co. cut Gafisa from a “neutral” rating to an “underweight” rating in a research note on Monday, November 27th.

Gafisa (NYSE GFA) traded down $0.01 on Monday, hitting $10.04. The stock had a trading volume of 11,702 shares, compared to its average volume of 61,310. The company has a quick ratio of 2.09, a current ratio of 2.09 and a debt-to-equity ratio of 0.51. The company has a market cap of $221.34, a P/E ratio of -0.60 and a beta of 1.76. Gafisa has a fifty-two week low of $5.92 and a fifty-two week high of $21.84.

Gafisa (NYSE:GFA) last issued its quarterly earnings data on Thursday, November 9th. The construction company reported ($2.27) earnings per share for the quarter. The company had revenue of $50.71 million for the quarter. Gafisa had a negative return on equity of 34.52% and a negative net margin of 195.79%. equities analysts forecast that Gafisa will post -6.59 EPS for the current fiscal year.

A hedge fund recently bought a new stake in Gafisa stock. Citadel Advisors LLC acquired a new position in Gafisa SA (NYSE:GFA) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 20,475 shares of the construction company’s stock, valued at approximately $176,000. Citadel Advisors LLC owned about 0.15% of Gafisa as of its most recent SEC filing. 3.83% of the stock is owned by hedge funds and other institutional investors.

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About Gafisa

Gafisa SA is a diversified national homebuilder. The Company’s segments are Gafisa (for ventures targeted at high and medium income) and Tenda (for ventures targeted at low income). The Company’s brands include Tenda, which serves the affordable entry-level housing segments, Gafisa, which offers a range of residential options to the mid to higher income segments and Alphaville (equity method investment), which focuses on the identification, development and sale of residential communities.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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