NEW YORK, September 20, 2016 /PRNewswire/ --
Pre-market, Stock-Callers.com turns investors' attention to four Industrial Goods companies for evaluation: Lennar Corp. (NYSE: LEN), TRI Pointe Group Inc. (NYSE: TPH), Goldfield Corp. (NYSE MKT: GV), and Tutor Perini Corp. (NYSE: TPC). On Thursday, September 15, 2016, research firm Charles Schwab has reiterated its "Market Perform" rating on the sector due to an improving manufacturing environment. Let us see where the aforementioned stocks stand in the market today by reviewing their most recent performances below. You can access of our complimentary research reports on these stocks now at:
At the close on Monday, shares in Miami, Florida-based Lennar Corp. rose 1.69%, ending the day at $45.09. The stock recorded a trading volume of 3.66 million shares, which was higher than its three months average volume of 2.10 million shares. The Company's shares are trading below their 200-day moving average by 1.39%. Moreover, shares of Lennar, which together with its subsidiaries, engages in the homebuilding activities in the US, have a Relative Strength Index (RSI) of 40.79.
On September 8th, 2016, Lennar announced that the Company will release earnings for Q3 ended August 31st, 2016, before the market opens on September 20th, 2016. Additionally, the company will hold a conference call on September 20th, 2016 at 11:00 a.m. ET. Visit us today and download your complete report on LEN for free at:
TRI Pointe Group
Shares in Irvine, California headquartered TRI Pointe Group Inc. ended the day 1.37% higher at $12.55 and with a total trading volume of 1.08 million shares. In the previous three months, the stock has gained 4.06%. The Company's shares are trading above their 200-day moving average by 5.29%. Furthermore, shares of TRI Pointe Group, which through its subsidiary, TRI Pointe Homes, Inc., engages in the design, construction, and sale of single-family attached and detached homes in the US, have an RSI of 36.60. The complimentary research report on TPH can be accessed at:
On Monday, shares in Melbourne, Florida-based Goldfield Corp. finished 2.99% lower at $2.60 with a total trading volume of 197,957 shares. The stock has advanced 67.74% on an YTD basis. The Company's shares are trading above their 200-day moving average by 15.66%. Additionally, shares of Goldfield, which provides electrical construction services to electric utilities and industrial companies in the US, have an RSI of 27.74.
As per notes filed with the SEC on September 15th, 2016, the Board of Directors of the Goldfield approved an extension, until September 30th, 2017, of the company's stock repurchase plan, originally adopted on September 17th, 2002. As of September 15th, 2016, the company had repurchased 2,345,060 shares of common stock pursuant to the plan, at an average cost of $0.55 per share, and is authorized to purchase an additional 1,154,940 shares pursuant to the plan. As of September 15th, 2016, the company had 25,451,354 shares outstanding. Register for free on Stock-Callers.com and download the PDF research report on GV at:
Sylmar, California headquartered Tutor Perini Corp.'s stock recorded a trading volume of 284,461 shares at the end of yesterday's session and closed the day at $20.42, gaining 0.64%. The stock has advanced 21.98% since the start of this year. The Company's shares are trading above their 200-day moving average by 9.43%. Additionally, shares of Tutor Perini, which provides diversified general contracting, construction management, and design-build services to private customers and public agencies worldwide, have an RSI at 26.72.
On August 24th, 2016, research firm MKM Partners upgraded the Company's stock rating from 'Neutral' to 'Buy'. The research firm also revised upwards its previous target price from $23 to $28.
On September 1st, 2016, Tutor Perini announced that its subsidiary, Tutor Perini Building Corp., has recently received the Notice to Proceed for the dual-branded hotel project, The Dalmar and Element, located at 299 North Federal Highway in the heart of Fort Lauderdale's Flagler Village. The contract award for this project was announced earlier this year. Developed by the Wurzak Hotel Group, The Dalmar and Element Hotel will include 24 stories totaling 400,000 square feet. The hotel will consist of 323 rooms with a rooftop restaurant, a pool on the sixth floor amenity deck and a parking garage at the podium levels. Construction will commence immediately and substantial completion is expected in the spring of 2018. Get free access to your research report on TPC at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
CONTACT For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: Email: email@example.com Phone number: +44 330 808 3765 Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA