Gafisa (GFA) Lowered to “Sell” at ValuEngine

ValuEngine lowered shares of Gafisa (NYSE:GFA) from a hold rating to a sell rating in a research report sent to investors on Monday.

Separately, JPMorgan Chase & Co. cut shares of Gafisa from a neutral rating to an underweight rating in a research report on Monday, November 27th.

Gafisa (NYSE:GFA) opened at $10.65 on Monday. Gafisa has a 1 year low of $5.92 and a 1 year high of $21.84. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.09 and a quick ratio of 2.09. The company has a market cap of $255.34, a PE ratio of -0.64 and a beta of 1.76.

Gafisa (NYSE:GFA) last posted its earnings results on Thursday, November 9th. The construction company reported ($2.27) EPS for the quarter. Gafisa had a negative net margin of 195.79% and a negative return on equity of 34.52%. The company had revenue of $50.71 million during the quarter. equities research analysts forecast that Gafisa will post -6.59 EPS for the current fiscal year.

The business also recently announced a … dividend, which was paid on Thursday, February 1st. Shareholders of record on Monday, January 29th were given a $0.6079 dividend. The ex-dividend date was Friday, January 26th. This represents a yield of 0.0521828326180257%. Gafisa’s payout ratio is currently -3.57%.

An institutional investor recently bought a new position in Gafisa stock. Citadel Advisors LLC purchased a new position in shares of Gafisa SA (NYSE:GFA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 20,475 shares of the construction company’s stock, valued at approximately $176,000. Citadel Advisors LLC owned approximately 0.15% of Gafisa as of its most recent filing with the Securities & Exchange Commission. 3.83% of the stock is owned by institutional investors.

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Gafisa Company Profile

Gafisa SA is a diversified national homebuilder. The Company’s segments are Gafisa (for ventures targeted at high and medium income) and Tenda (for ventures targeted at low income). The Company’s brands include Tenda, which serves the affordable entry-level housing segments, Gafisa, which offers a range of residential options to the mid to higher income segments and Alphaville (equity method investment), which focuses on the identification, development and sale of residential communities.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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