WCI Communities, Inc. Common St (NYSE:WCIC):
WCI Communities Announces Expiration of “Go-Shop” Period Under Merger Agreement.
The company is so far trading unchanged from yesterday’s close of $23.2.
Shares are trading at $23.20 slightly over the 50 day moving average which is $22.16 and which is marginally higher than the 200 day moving average of $18.57. The 50 day moving average was up $1.04 or +4.69% and the 200 day average went up by +24.93%.
WCI Communities, Inc. Common St’s P/E ratio is 17.20 and the market cap is 611.04M. As of the last earnings report the EPS was $1.35 and is projected to be $1.31 for the current year with 26,338,000 shares now outstanding. Next quarter’s EPS is estimated at $0.43 with next year’s EPS anticipated to be $1.90.
Investment analysts have released opinions on WCIC. Wedbush starting coverage on the stock by announcing an initial rating of “Neutral” and price target of $21.00. Equity analyst JMP Securities began coverage with a rating of “Outperform”.
On April 28, 2016 the stock rating was set at “Outperform” according to a Raymond James report a cut from the previous “” rating. February 18 investment analysts at Credit Suisse maintained a company rating of “Outperform” but lowered the price target to $22.00 from $24.00.
On January 13 the company was changed to a “Neutral” by JP Morgan which is up from the previous “Underweight” rating. On February 27, 2015 the stock rating was rated “Neutral” in a report from Citigroup which was a cut from the previous “Buy” rating.