The price of Green Brick Partners Inc (NYSE: GRBK) closed at $56.09 in the last session, down -4.02% from day before closing price of $58.44. In other words, the price has decreased by -$2.35 from its previous closing price. On the day, 521192 shares were traded.
Ratios:
We take a closer look at GRBK’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.27. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 11 ’24 when Press Richard S bought 1,000 shares for $51.84 per share. The transaction valued at 51,840 led to the insider holds 88,063 shares of the business.
Press Richard S bought 1,000 shares of GRBK for $52,410 on Mar 08 ’24. The Director now owns 87,063 shares after completing the transaction at $52.41 per share. On Jan 02 ’24, another insider, EINHORN DAVID, who serves as the Director of the company, sold 937,500 shares for $46.24 each. As a result, the insider received 43,353,000 and left with 1,802,690 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 2.52B and an Enterprise Value of 2.75B. As of this moment, Green’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.13, and their Forward P/E ratio for the next fiscal year is 7.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 2.01. Its current Enterprise Value per Revenue stands at 1.54 whereas that against EBITDA is 7.65.
Stock Price History:
Over the past 52 weeks, GRBK has reached a high of $61.62, while it has fallen to a 52-week low of $32.96. The 50-Day Moving Average of the stock is 55.51, while the 200-Day Moving Average is calculated to be 50.14.
Shares Statistics:
According to the various share statistics, GRBK traded on average about 337.40K shares per day over the past 3-months and 316.37k shares per day over the past 10 days. A total of 45.01M shares are outstanding, with a floating share count of 41.64M. Insiders hold about 7.42% of the company’s shares, while institutions hold 77.23% stake in the company. Shares short for GRBK as of Mar 28, 2024 were 1.78M with a Short Ratio of 5.27, compared to 1.38M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.95% and a Short% of Float of 7.10%.
Earnings Estimates
The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of $1.51 for the current quarter, with a high estimate of $1.58 and a low estimate of $1.41, while EPS last year was $1.37. The consensus estimate for the next quarter is $1.7, with high estimates of $1.83 and low estimates of $1.64.
Analysts are recommending an EPS of between $7.35 and $6.48 for the fiscal current year, implying an average EPS of $6.84. EPS for the following year is $7.41, with 4 analysts recommending between $8 and $6.86.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $439.99M. It ranges from a high estimate of $464.44M to a low estimate of $410.77M. As of the current estimate, Green Brick Partners Inc’s year-ago sales were $452.06M, an estimated decrease of -2.70% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $489.88M, an increase of 7.40% over than the figure of -$2.70% in the same quarter last year. There is a high estimate of $511.8M for the next quarter, whereas the lowest estimate is $475.73M.
A total of 4 analysts have provided revenue estimates for GRBK’s current fiscal year. The highest revenue estimate was $2.07B, while the lowest revenue estimate was $1.88B, resulting in an average revenue estimate of $1.95B. In the same quarter a year ago, actual revenue was $1.78B, up 9.90% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $2.12B in the next fiscal year. The high estimate is $2.25B and the low estimate is $2.02B. The average revenue growth estimate for next year is up 8.50% from the average revenue estimate for this year.
