NEW YORK, February 14, 2017 /PRNewswire/ --
Stock-Callers.com has lined up four Residential Construction equities for review today, and they are: Hovnanian Enterprises Inc. (NYSE: HOV), CalAtlantic Group Inc. (NYSE: CAA), Beazer Homes USA Inc. (NYSE: BZH), and M.D.C. Holdings Inc. (NYSE: MDC). According to a report by the US Census Bureau earlier this month, private residential construction rose 0.4% month over month to $473.28 billion in December. Single-family residential construction in the private sector was 0.3% higher than it was a year ago, and multifamily construction was up 11.7% from December 2015. Learn more about these stocks by downloading their comprehensive and free reports at:
Shares in Red Bank, New Jersey headquartered Hovnanian Enterprises Inc. saw a slight drop of 0.43%, ending Monday's trading session at $2.32. The stock recorded a trading volume of 795,513 shares. The Company's shares have surged 38.92% in the previous three months. The stock is trading 21.57% above its 200-day moving average. Moreover, shares of Hovnanian Enterprises, which designs, constructs, markets, and sells residential homes in the US, have a Relative Strength Index (RSI) of 44.57. HOV complete research report is just a click away and free at:
Irvine, California headquartered CalAtlantic Group Inc.'s stock climbed 0.85%, closing the day at $34.30 with a total trading volume of 1.28 million shares. The Company's shares have advanced 1.33% in the last month, 9.57% in the previous three months, and 0.85% on an YTD basis. The stock is trading 0.06% below its 50-day moving average. Additionally, shares of CalAtlantic Group, which operates as a homebuilder under the CalAtlantic Homes name in the US, have an RSI of 47.49.
On February 13th, 2017, CalAtlantic Group announced that its annual meeting of stockholders will be held on May 10th, 2017, at 10:30 a.m. local time at its corporate office at 15360, Barranca Parkway, Irvine, California 92618. The complimentary report on CAA can be downloaded at:
Beazer Homes USA
On Monday, shares in Atlanta, Georgia headquartered Beazer Homes USA Inc. recorded a trading volume of 798,121 shares. The stock ended the day 0.38% higher at $13.11. The Company's shares have advanced 20.94% over the previous three months and are trading above their 200-day moving average by 21.76%. Furthermore, shares of Beazer Homes USA, which operates as a homebuilder in the US, have an RSI of 38.65.
On February 09th, 2017, Beazer Homes reported a net loss from continuing operations of $1.4 million for Q1 FY17 compared to net income from continuing operations of $1.2 million for Q1 FY16. The Company's net new orders for Q1 FY17 increased 8.9% versus Q1 FY16, driven by an 18.2% increase in the absorption rate to 2.2 sales per community per month. The Company's average community count declined 7.9% to 156 communities in Q1 FY17 and cancellation rate was 21.2%, down 460 basis points relative to Q1 FY16. Beazer Homes' Homebuilding revenue for Q1 FY17 was effectively flat y-o-y at $336.1 million. The dollar value of homes in backlog as of December 31st, 2016, rose 5.0% to $666.1 million, or 1,926 homes, compared to $634.6 million, or 1,912 homes, in Q1 FY16. Sign up for your complimentary research report on BZH at:
Denver, Colorado-based M.D.C. Holdings Inc.'s stock rose 0.82%, finishing yesterday's session at $28.32. A total volume of 550,972 shares was traded, above their three months average volume of 449,500 shares. The Company's shares have advanced 8.13% in the last one month, 20.95% in the previous three months, and 11.38% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 8.58% and 18.89%, respectively. Additionally, shares of M.D.C. Holdings, which through its subsidiaries, engages in homebuilding and financial service businesses in the US, have an RSI of 66.87.
On February 07th, 2017, Richmond American Homes of Virginia, Inc., a subsidiary of M.D.C. Holdings, announced that it will release a second phase of new homes at its popular Ashburn Knolls community. The Company stated that the first section of townhomes sold out quickly. Ashburn Knolls is located at 21491 Willow Breeze Square in Ashburn. Townhomes in the community start from the upper $400s. Get free access to your research report on MDC 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 email@example.com. 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
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:
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