New Home (NWHM) Earning Positive Media Coverage, Study Finds

News coverage about New Home (NYSE:NWHM) has been trending positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. New Home earned a media sentiment score of 0.29 on Accern’s scale. Accern also assigned news headlines about the construction company an impact score of 46.0551998655712 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of NWHM stock traded up $0.20 during midday trading on Wednesday, reaching $11.56. The company’s stock had a trading volume of 69,283 shares, compared to its average volume of 105,934. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 1.21. The company has a market cap of $239.46, a price-to-earnings ratio of 14.10 and a beta of 1.65. New Home has a 52-week low of $9.75 and a 52-week high of $13.55.

New Home (NYSE:NWHM) last issued its quarterly earnings results on Wednesday, February 14th. The construction company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.01. New Home had a return on equity of 8.39% and a net margin of 2.28%. The firm had revenue of $324.10 million during the quarter, compared to analyst estimates of $295.04 million. During the same period last year, the company posted $0.76 EPS. The firm’s quarterly revenue was up .5% on a year-over-year basis. analysts predict that New Home will post 1.03 EPS for the current year.

A number of equities analysts have issued reports on NWHM shares. ValuEngine raised New Home from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. JMP Securities lowered New Home from an “outperform” rating to a “market perform” rating in a research note on Thursday, February 15th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $13.00 price target (up from $12.00) on shares of New Home in a research note on Tuesday, February 20th. Finally, Zacks Investment Research lowered New Home from a “hold” rating to a “sell” rating in a research note on Friday, February 23rd.

In other news, insider Joseph David Davis sold 2,907 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $12.05, for a total transaction of $35,029.35. Following the completion of the sale, the insider now owns 35,126 shares in the company, valued at approximately $423,268.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Lp Tcn/Tnhc sold 15,500 shares of the stock in a transaction on Tuesday, January 9th. The shares were sold at an average price of $12.73, for a total value of $197,315.00. The disclosure for this sale can be found here. Insiders have sold a total of 208,309 shares of company stock valued at $2,619,592 in the last quarter. Insiders own 24.20% of the company’s stock.

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About New Home

The New Home Company Inc is a homebuilding company. The Company focuses on the design, construction and sale of consumer-driven homes in various metropolitan areas within certain markets in California and Arizona, including coastal Southern California, the San Francisco Bay area, metro Sacramento and the greater Phoenix area.

Insider Buying and Selling by Quarter for New Home (NYSE:NWHM)

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