Somewhat Positive Media Coverage Somewhat Unlikely to Affect New Home (NWHM) Stock Price

Media headlines about New Home (NYSE:NWHM) have trended somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. 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 0.10 on Accern’s scale. Accern also assigned news coverage about the construction company an impact score of 42.8555766292027 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

A number of research firms recently weighed in on NWHM. ValuEngine cut shares of New Home from a “buy” rating to a “hold” rating in a research report on Monday, November 6th. Zacks Investment Research raised shares of New Home from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 2nd.

New Home (NYSE:NWHM) opened at $12.41 on Friday. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.16 and a quick ratio of 1.16. New Home has a 1 year low of $9.75 and a 1 year high of $13.20. The company has a market cap of $259.08, a P/E ratio of 12.66 and a beta of 1.87.

New Home (NYSE:NWHM) last issued its quarterly earnings results on Friday, October 27th. The construction company reported $0.21 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.06. New Home had a net margin of 2.73% and a return on equity of 9.52%. The company had revenue of $157.93 million during the quarter, compared to analysts’ expectations of $143.66 million. During the same quarter last year, the company posted $0.27 EPS. The firm’s revenue was down 11.2% compared to the same quarter last year. equities research analysts forecast that New Home will post 0.96 earnings per share for the current fiscal year.

In other New Home news, insider Lp Tcn/Tnhc sold 17,444 shares of the firm’s stock in a transaction that occurred on Thursday, October 5th. The shares were sold at an average price of $11.46, for a total value of $199,908.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Joseph David Davis sold 6,200 shares of the firm’s stock in a transaction that occurred on Tuesday, October 10th. The shares were sold at an average price of $11.55, for a total transaction of $71,610.00. Following the completion of the transaction, the insider now directly owns 35,126 shares of the company’s stock, valued at approximately $405,705.30. The disclosure for this sale can be found here. Insiders sold a total of 291,617 shares of company stock valued at $3,422,452 in the last three months. 24.20% of the stock is currently owned by corporate insiders.

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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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