Q4 2017 EPS Estimates for AV Homes Inc Lowered by Analyst (NASDAQ:AVHI)

AV Homes Inc (NASDAQ:AVHI) – Equities research analysts at Wedbush cut their Q4 2017 EPS estimates for AV Homes in a note issued to investors on Monday. Wedbush analyst J. Mccanless now anticipates that the financial services provider will post earnings per share of $0.41 for the quarter, down from their previous estimate of $0.51. Wedbush also issued estimates for AV Homes’ Q1 2018 earnings at $0.00 EPS, Q2 2018 earnings at $0.17 EPS, Q3 2018 earnings at $0.33 EPS, Q4 2018 earnings at $0.56 EPS and FY2018 earnings at $1.05 EPS.

AVHI has been the topic of several other research reports. BidaskClub downgraded shares of AV Homes from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Zacks Investment Research downgraded shares of AV Homes from a “buy” rating to a “hold” rating in a research note on Wednesday, June 28th. Finally, JMP Securities downgraded shares of AV Homes from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 19th.

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Shares of AV Homes (AVHI) traded down 3.190% during mid-day trading on Tuesday, reaching $15.538. 156,297 shares of the company traded hands. AV Homes has a 52-week low of $13.52 and a 52-week high of $20.50. The stock has a market capitalization of $349.39 million, a PE ratio of 11.683 and a beta of 0.57. The stock’s 50 day moving average is $19.05 and its 200 day moving average is $17.31.

Several large investors have recently modified their holdings of AVHI. American International Group Inc. increased its stake in shares of AV Homes by 7.0% in the first quarter. American International Group Inc. now owns 7,526 shares of the financial services provider’s stock valued at $124,000 after buying an additional 493 shares in the last quarter. GSA Capital Partners LLP purchased a new stake in shares of AV Homes during the fourth quarter valued at approximately $180,000. Spark Investment Management LLC purchased a new stake in shares of AV Homes during the second quarter valued at approximately $200,000. Nationwide Fund Advisors increased its stake in shares of AV Homes by 8.2% in the first quarter. Nationwide Fund Advisors now owns 12,408 shares of the financial services provider’s stock valued at $204,000 after buying an additional 943 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC increased its stake in shares of AV Homes by 62.2% in the first quarter. O Shaughnessy Asset Management LLC now owns 12,489 shares of the financial services provider’s stock valued at $205,000 after buying an additional 4,787 shares in the last quarter. Institutional investors own 83.84% of the company’s stock.

AV Homes Company Profile

AV Homes, Inc is a homebuilder engaged in the business of homebuilding and community development in Florida, Arizona and the Carolinas. The Company is also engaged in other real estate activities, such as the operation of amenities and the sale of land for third-party development. The Company’s segments include Florida, Arizona and the Carolinas.

Earnings History and Estimates for AV Homes (NASDAQ:AVHI)

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