News articles about New Home (NYSE:NWHM) have trended positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. New Home earned a news impact score of 0.33 on Accern’s scale. Accern also gave news stories about the construction company an impact score of 46.2443172013927 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
A number of equities analysts have recently commented on the stock. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $13.00 price target (up previously from $12.00) on shares of New Home in a report on Tuesday. Zacks Investment Research upgraded shares of New Home from a “strong sell” rating to a “hold” rating in a report on Thursday, November 2nd. JMP Securities lowered shares of New Home from an “outperform” rating to a “market perform” rating in a report on Thursday, February 15th. Finally, ValuEngine upgraded shares of New Home from a “hold” rating to a “buy” rating in a report on Friday, December 1st.
Shares of New Home (NYSE NWHM) traded down $0.05 during trading hours on Thursday, hitting $11.45. 536 shares of the stock were exchanged, compared to its average volume of 103,996. The firm has a market capitalization of $239.67, a price-to-earnings ratio of 14.09 and a beta of 1.69. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 1.21. New Home has a 52 week low of $9.75 and a 52 week high of $13.55.
New Home (NYSE:NWHM) last issued its quarterly earnings results on Wednesday, February 14th. The construction company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.01. The company had revenue of $324.10 million for the quarter, compared to analyst estimates of $295.04 million. New Home had a net margin of 2.28% and a return on equity of 8.39%. New Home’s revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.76 earnings per share. research analysts anticipate that New Home will post 1.18 earnings per share for the current fiscal year.
In related news, insider Joseph David Davis sold 30,000 shares of New Home stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $12.78, for a total transaction of $383,400.00. Following the completion of the transaction, the insider now owns 35,126 shares of the company’s stock, valued at $448,910.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Lp Tcn/Tnhc sold 39,738 shares of New Home stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $11.71, for a total transaction of $465,331.98. Following the transaction, the insider now directly owns 35,126 shares of the company’s stock, valued at approximately $411,325.46. The disclosure for this sale can be found here. Insiders have sold 348,130 shares of company stock valued at $4,315,073 in the last three months. 24.20% of the stock is owned by insiders.
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New Home Company Profile
The New Home Company Inc is a homebuilding company. The Company focuses on the design, construction and sale of consumer-driven homes in various metropolitan areas within certain markets in California and Arizona, including coastal Southern California, the San Francisco Bay area, metro Sacramento and the greater Phoenix area.
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