As of close of business last night, Green Brick Partners Inc’s stock clocked out at $54.61, down -6.65% from its previous closing price of $58.50. In other words, the price has decreased by -$3.89 from its previous closing price. On the day, 1296060 shares were traded. GRBK stock price reached its highest trading level at $54.70 during the session, while it also had its lowest trading level at $50.67.
Ratios:
To gain a deeper understanding of GRBK’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.95. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 8.93. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.27.
On May 04, 2023, B. Riley Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $30 to $48.
JP Morgan Upgraded its Underweight to Neutral on November 22, 2022, whereas the target price for the stock was revised from $19.50 to $26.50.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 02 when EINHORN DAVID sold 937,500 shares for $46.24 per share. The transaction valued at 43,353,000 led to the insider holds 1,802,690 shares of the business.
Dolson Jed sold 5,000 shares of GRBK for $265,500 on Dec 14. The President and COO now owns 249,128 shares after completing the transaction at $53.10 per share. On Dec 13, another insider, Dolson Jed, who serves as the President and COO of the company, sold 5,000 shares for $48.75 each. As a result, the insider received 243,750 and left with 254,128 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GRBK now has a Market Capitalization of 2.46B and an Enterprise Value of 2.56B. As of this moment, Green’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.89, and their Forward P/E ratio for the next fiscal year is 7.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 1.96. Its current Enterprise Value per Revenue stands at 1.45 whereas that against EBITDA is 7.62.
Stock Price History:
Over the past 52 weeks, GRBK has reached a high of $59.36, while it has fallen to a 52-week low of $30.36. The 50-Day Moving Average of the stock is 52.71, while the 200-Day Moving Average is calculated to be 49.63.
Shares Statistics:
It appears that GRBK traded 279.15K shares on average per day over the past three months and 403.67k shares per day over the past ten days. A total of 45.01M shares are outstanding, with a floating share count of 41.73M. Insiders hold about 7.21% of the company’s shares, while institutions hold 77.17% stake in the company. Shares short for GRBK as of Feb 15, 2024 were 1.17M with a Short Ratio of 4.17, compared to 781.71k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.57% and a Short% of Float of 4.58%.
Earnings Estimates
As of right now, 3 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.49 for the current quarter, with a high estimate of $1.69 and a low estimate of $1.15, while EPS last year was $1.37. The consensus estimate for the next quarter is $1.75, with high estimates of $1.86 and low estimates of $1.6.
Analysts are recommending an EPS of between $7.5 and $6.41 for the fiscal current year, implying an average EPS of $7.04. EPS for the following year is $7.84, with 2 analysts recommending between $8.22 and $7.45.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $423.82M. It ranges from a high estimate of $461.5M to a low estimate of $354.1M. As of the current estimate, Green Brick Partners Inc’s year-ago sales were $452.06M, an estimated decrease of -6.20% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $488.26M, an increase of 7.00% over than the figure of -$6.20% in the same quarter last year. There is a high estimate of $526.9M for the next quarter, whereas the lowest estimate is $442.4M.
A total of 4 analysts have provided revenue estimates for GRBK’s current fiscal year. The highest revenue estimate was $2.05B, while the lowest revenue estimate was $1.85B, resulting in an average revenue estimate of $1.97B. In the same quarter a year ago, actual revenue was $1.78B, up 10.70% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $2.11B in the next fiscal year. The high estimate is $2.15B and the low estimate is $2.07B. The average revenue growth estimate for next year is up 7.20% from the average revenue estimate for this year.
