Market Momentum: Century Communities Inc (CCS) Registers a -2.57 Decrease, Closing at 74.96

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Century Communities Inc (NYSE: CCS) closed the day trading at $74.96 down -2.57% from the previous closing price of $76.94. In other words, the price has decreased by -$2.57 from its previous closing price. On the day, 0.89 million shares were traded. CCS stock price reached its highest trading level at $76.82 during the session, while it also had its lowest trading level at $73.6.

Ratios:

For a better understanding of CCS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 and its Current Ratio is at 5.53. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.60.

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, JP Morgan on December 13, 2024, Upgraded its rating to Neutral and sets its target price to $97 from $110 previously.

Wedbush Upgraded its Underperform to Neutral on May 31, 2024, while the target price for the stock was maintained at $82.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 30 ’24 when Box John P sold 11,282 shares for $100.07 per share. The transaction valued at 1,128,990 led to the insider holds 45,127 shares of the business.

Francescon Robert J sold 50,000 shares of CCS for $4,632,000 on Aug 16 ’24. The Co-CEO and President now owns 477,931 shares after completing the transaction at $92.64 per share. On Aug 16 ’24, another insider, Francescon Dale, who serves as the Chairman and Co-CEO of the company, sold 50,000 shares for $92.22 each. As a result, the insider received 4,611,000 and left with 427,936 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, CCS now has a Market Capitalization of 2349028864 and an Enterprise Value of 4042075648. As of this moment, Century’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.47, and their Forward P/E ratio for the next fiscal year is 5.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 0.933 whereas that against EBITDA is 8.653.

Stock Price History:

Over the past 52 weeks, CCS has reached a high of $108.42, while it has fallen to a 52-week low of $74.76. The 50-Day Moving Average of the stock is -16.44%, while the 200-Day Moving Average is calculated to be -16.66%.

Shares Statistics:

Over the past 3-months, CCS traded about 301.25K shares per day on average, while over the past 10 days, CCS traded about 285600 shares per day. A total of 31.34M shares are outstanding, with a floating share count of 27.95M. Insiders hold about 10.81% of the company’s shares, while institutions hold 89.62% stake in the company. Shares short for CCS as of 1732838400 were 1346194 with a Short Ratio of 4.47, compared to 1730332800 on 1451764. Therefore, it implies a Short% of Shares Outstanding of 1346194 and a Short% of Float of 6.0100004.

Dividends & Splits

CCS’s forward annual dividend rate is 1.04, up from 1.01 a year ago. Against a Trailing Annual Dividend Yield of 0.013127112

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