News coverage about CalAtlantic Group (NYSE:CAA) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CalAtlantic Group earned a daily sentiment score of 0.24 on Accern’s scale. Accern also assigned news stories about the industrial goods maker an impact score of 45.5293503983729 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Breaking News: Flash Sale of 10,000 Acute Angle PC, only 3 cryptocurrencies payments accepted, starts on February 8th (feeds.benzinga.com)
- Zacks Industry Outlook Highlights: Lennar, CalAtlantic and D.R. Horton (finance.yahoo.com)
- Zacks: Analysts Anticipate CalAtlantic Group Inc (CAA) to Announce $1.21 Earnings Per Share (americanbankingnews.com)
- CalAtlantic Group Inc (CAA) Given Consensus Rating of “Hold” by Brokerages (americanbankingnews.com)
CalAtlantic Group (CAA) opened at $52.71 on Friday. The firm has a market cap of $6,159.27, a price-to-earnings ratio of 15.64, a price-to-earnings-growth ratio of 1.41 and a beta of 1.45. The company has a current ratio of 5.91, a quick ratio of 0.29 and a debt-to-equity ratio of 0.80. CalAtlantic Group has a 52-week low of $32.47 and a 52-week high of $64.60.
A number of equities research analysts recently issued reports on CAA shares. Credit Suisse Group upgraded shares of CalAtlantic Group from an “underperform” rating to a “neutral” rating and set a $32.00 price objective for the company in a report on Tuesday, November 7th. Mizuho started coverage on shares of CalAtlantic Group in a report on Thursday, October 26th. They issued a “buy” rating and a $45.00 price objective for the company. Barclays upped their price objective on shares of CalAtlantic Group from $35.00 to $50.00 and gave the stock an “equal weight” rating in a report on Thursday, November 9th. Deutsche Bank cut shares of CalAtlantic Group from a “buy” rating to a “hold” rating and set a $52.00 price objective for the company. in a report on Monday, November 20th. Finally, ValuEngine upgraded shares of CalAtlantic Group from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Fourteen equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. CalAtlantic Group presently has a consensus rating of “Hold” and an average target price of $53.60.
In other CalAtlantic Group news, EVP John Patrick Babel sold 12,000 shares of the business’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $52.48, for a total transaction of $629,760.00. Following the completion of the transaction, the executive vice president now owns 33,603 shares of the company’s stock, valued at approximately $1,763,485.44. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Jeffrey Joseph Mccall sold 65,000 shares of the business’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of $55.27, for a total transaction of $3,592,550.00. Following the transaction, the chief financial officer now directly owns 178,519 shares of the company’s stock, valued at approximately $9,866,745.13. The disclosure for this sale can be found here. In the last three months, insiders have sold 283,206 shares of company stock valued at $14,970,977. Company insiders own 39.50% of the company’s stock.
About CalAtlantic Group
CalAtlantic Group, Inc is a diversified builder of single-family attached and detached homes. The Company operates through two segments: homebuilding and financial services. The homebuilding segment operations include acquiring and developing land, and constructing and selling single-family attached and detached homes.
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