Investors are poised to add Century Communities Inc (CCS) Stock to their long term portfolios

At the time of writing, Century Communities Inc [CCS] stock is trading at $76.83, up 0.63%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CCS shares have gain 3.00% over the last week, with a monthly amount glided 5.93%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Century Communities Inc [NYSE: CCS] stock has seen the most recent analyst activity on December 13, 2024, when JP Morgan upgraded its rating to a Neutral and also revised its price target to $97 from $110. On May 31, 2024, upgrade upgraded it’s rating to Neutral but maintained its price target of $82 on the stock. Wedbush downgraded its rating to a Underperform and decreased its price target to $82 on April 02, 2024. Wedbush downgraded its rating to a Neutral but $81 remained the price target by the analyst firm on December 18, 2023. B. Riley Securities upgraded its rating to Buy for this stock on June 26, 2023, but kept the price target unchanged to $82. In a note dated November 29, 2022, BTIG Research initiated an Neutral rating.

For the past year, the stock price of Century Communities Inc fluctuated between $68.49 and $108.42. Currently, Wall Street analysts expect the stock to reach $60.67 within the next 12 months. Century Communities Inc [NYSE: CCS] shares were valued at $76.83 at the most recent close of the market. An investor can expect a potential drop of -21.03% based on the average CCS price forecast.

Analyzing the CCS fundamentals

According to Century Communities Inc [NYSE:CCS], the company’s sales were 4.34B for trailing twelve months, which represents an 1.13% jump. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.13 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.56.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 75.99 points at the first support level, and at 75.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 77.86, and for the 2nd resistance point, it is at 78.88.

Ratios To Look Out For

It is important to note that Century Communities Inc [NYSE:CCS] has a current ratio of 4.49. As well, the Quick Ratio is 0.25, while the Cash Ratio is 0.35. Considering the valuation of this stock, the price to sales ratio is 0.55, the price to book ratio is 0.91 and price to earnings (TTM) ratio is 7.39.

Transactions by insiders

Recent insider trading involved Box John P, Director, that happened on Aug 30 ’24 when 11282.0 shares were sold. Co-CEO and President, Francescon Robert J completed a deal on Aug 16 ’24 to sell 50000.0 shares. Meanwhile, Chairman and Co-CEO Francescon Dale sold 50000.0 shares on Aug 16 ’24.

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