Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Century Communities Inc (NYSE: CCS) closed at $78.32 down -4.65% from its previous closing price of $82.14. In other words, the price has decreased by -$4.65 from its previous closing price. On the day, 0.57 million shares were traded. CCS stock price reached its highest trading level at $81.76 during the session, while it also had its lowest trading level at $74.76.
Ratios:
For a deeper understanding of Century Communities Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 56.86. For the most recent quarter (mrq), Quick Ratio is recorded 2.15 and its Current Ratio is at 9.72. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.53.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wedbush on April 02, 2024, Downgraded its rating to Underperform and sets its target price to $82 from $92 previously.
On December 18, 2023, Wedbush Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $81.
B. Riley Securities Upgraded its Neutral to Buy on June 26, 2023, while the target price for the stock was maintained at $82.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 08 ’23 when MESSENGER DAVID L sold 45,000 shares for $70.13 per share. The transaction valued at 3,155,634 led to the insider holds 175,001 shares of the business.
DIXON JOHN SCOTT sold 3,173 shares of CCS for $211,703 on May 01 ’23. The Assistant CFO now owns 0 shares after completing the transaction at $66.72 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCS now has a Market Capitalization of 2610554368 and an Enterprise Value of 3649207552. As of this moment, Century’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.70, and their Forward P/E ratio for the next fiscal year is 6.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 0.939 whereas that against EBITDA is 8.616.
Stock Price History:
Over the past 52 weeks, CCS has reached a high of $97.92, while it has fallen to a 52-week low of $58.01. The 50-Day Moving Average of the stock is -9.55%, while the 200-Day Moving Average is calculated to be 0.41%.
Shares Statistics:
For the past three months, CCS has traded an average of 350.33K shares per day and 294600 over the past ten days. A total of 31.77M shares are outstanding, with a floating share count of 28.27M. Insiders hold about 11.03% of the company’s shares, while institutions hold 89.01% stake in the company. Shares short for CCS as of 1713139200 were 1030975 with a Short Ratio of 2.94, compared to 1710460800 on 2010813. Therefore, it implies a Short% of Shares Outstanding of 1030975 and a Short% of Float of 4.5100003.
Dividends & Splits
According to the company, the forward annual dividend rate for CCS is 0.95, from 0.69 in the trailing year. Against a Trailing Annual Dividend Yield of 0.008400292
