UCP Inc. (NYSE:UCP) has been assigned an average broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Analysts have set a 1 year consensus price target of $9.00 for the company and are forecasting that the company will post $0.15 EPS for the current quarter, according to Zacks. Zacks has also assigned UCP an industry rank of 70 out of 265 based on the ratings given to its competitors.
UCP has been the subject of several recent analyst reports. TheStreet upgraded shares of UCP from a “sell” rating to a “hold” rating in a research note on Monday, July 18th. Zacks Investment Research upgraded shares of UCP from a “sell” rating to a “hold” rating in a research note on Tuesday, July 19th.
UCP (NYSE:UCP) opened at 8.53 on Thursday. The company’s 50-day moving average is $8.61 and its 200-day moving average is $8.03. UCP has a 52-week low of $5.22 and a 52-week high of $9.57. The firm has a market capitalization of $68.07 million, a price-to-earnings ratio of 12.03 and a beta of 1.35.
UCP (NYSE:UCP) last released its earnings results on Monday, August 1st. The company reported $0.09 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.06 by $0.03. UCP had a net margin of 1.71% and a return on equity of 2.64%. The company earned $81.40 million during the quarter, compared to analysts’ expectations of $50.80 million. During the same quarter last year, the business earned ($0.08) EPS. The business’s revenue was up 51.4% on a year-over-year basis. Equities analysts predict that UCP will post $0.40 earnings per share for the current year.
Institutional investors have recently made changes to their positions in the stock. Schwab Charles Investment Management Inc. bought a new position in shares of UCP during the second quarter worth about $104,000. California State Teachers Retirement System bought a new position in shares of UCP during the second quarter worth about $136,000. Bank of New York Mellon Corp increased its position in shares of UCP by 127.8% in the second quarter. Bank of New York Mellon Corp now owns 23,393 shares of the company’s stock worth $188,000 after buying an additional 13,122 shares in the last quarter. Bridgeway Capital Management Inc. bought a new position in shares of UCP during the second quarter worth about $218,000. Finally, Spark Investment Management LLC bought a new position in shares of UCP during the second quarter worth about $226,000. Institutional investors and hedge funds own 82.93% of the company’s stock.
UCP, Inc is a homebuilder and land developer with a focus on residential land acquisition, development and entitlement, as well as home design, construction and sales. The Company operates in two segments: homebuilding and land development. The homebuilding and land segments include two geographic regions: West and Southeast.
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