Stocks of Century Communities Inc (NYSE:CCS) traded higher last session on Wall Street, down -1.71% to $76.05.
CCS stock price is now -7.37% away from the 50-day moving average and -14.05% away from the 200-day moving average. The market capitalization of the company currently stands at $2.38B.
With the price target reduced from $110 to $97, JP Morgan Upgraded its rating from Underweight to Neutral for Century Communities Inc (NYSE: CCS). , while ‘Wedbush’ rates the stock as ‘Neutral’
In other news, Box John P, Director sold 11,282 shares of the company’s stock on Aug 30 ’24. The stock was sold for $1,128,990 at an average price of $100.07. Upon completion of the transaction, the Director now directly owns 45,127 shares in the company, valued at $3.43 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 16 ’24, Co-CEO and President Francescon Robert J sold 50,000 shares of the business’s stock. A total of $4,632,000 was realized by selling the stock at an average price of $92.64. This leaves the insider owning 477,931 shares of the company worth $36.35 million. A total of 10.81% of the company’s stock is owned by insiders.
During the past 12 months, Century Communities Inc has had a low of $68.49 and a high of $108.42. As of last week, the company has a debt-to-equity ratio of 0.70, a current ratio of 5.53, and a quick ratio of 0.42. The fifty day moving average price for CCS is $82.1006 and a two-hundred day moving average price translates $88.4788 for the stock.
The latest earnings results from Century Communities Inc (NYSE: CCS) was released for 2024-09-30. The net profit margin was 7.45% and return on equity was 13.32% for CCS. The company reported revenue of $1.14 billion for the quarter, compared to $889.42 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 27.82 percent. For the current quarter, analysts expect CCS to generate $1.29B in revenue.
