Media coverage about CalAtlantic Group (NYSE:CAA) has been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. CalAtlantic Group earned a news sentiment score of 0.06 on Accern’s scale. Accern also assigned headlines about the industrial goods maker an impact score of 47.3299567576152 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Several equities analysts have commented on CAA shares. Zacks Investment Research raised shares of CalAtlantic Group from a “hold” rating to a “buy” rating and set a $67.00 target price on the stock in a research note on Tuesday, January 9th. ValuEngine raised shares of CalAtlantic Group from a “hold” rating to a “buy” rating in a research note on Tuesday, January 30th. Mizuho set a $64.00 target price on shares of CalAtlantic Group and gave the company a “hold” rating in a research note on Thursday, January 18th. Credit Suisse Group reissued a “neutral” rating and set a $63.00 target price (up previously from $51.00) on shares of CalAtlantic Group in a research note on Monday, January 22nd. They noted that the move was a valuation call. Finally, UBS raised their target price on shares of CalAtlantic Group from $55.00 to $63.00 and gave the company a “neutral” rating in a research note on Wednesday, January 17th. Twelve equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. CalAtlantic Group currently has an average rating of “Hold” and an average target price of $55.22.
Shares of CAA opened at $53.12 on Wednesday. The company has a current ratio of 5.91, a quick ratio of 0.29 and a debt-to-equity ratio of 0.80. CalAtlantic Group has a 12-month low of $33.56 and a 12-month high of $64.60.
CalAtlantic Group Company Profile
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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