William Lyon Homes (WLH) Downgraded by ValuEngine to Buy

William Lyon Homes (NYSE:WLH) was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating in a research report issued on Thursday.

WLH has been the subject of a number of other research reports. Zacks Investment Research upgraded shares of William Lyon Homes from a “hold” rating to a “buy” rating and set a $29.00 price objective for the company in a research report on Wednesday, February 21st. Wedbush restated a “neutral” rating and issued a $31.00 price objective (up previously from $27.00) on shares of William Lyon Homes in a research report on Friday, December 29th. UBS restated a “neutral” rating and issued a $33.00 price objective (up previously from $30.00) on shares of William Lyon Homes in a research report on Wednesday, January 17th. Finally, Citigroup cut shares of William Lyon Homes from a “buy” rating to a “neutral” rating and set a $35.00 price objective for the company. in a research report on Thursday, January 4th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. William Lyon Homes currently has a consensus rating of “Hold” and a consensus price target of $32.00.

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Shares of WLH traded down $1.07 during trading hours on Thursday, reaching $27.09. The stock had a trading volume of 240,561 shares, compared to its average volume of 448,385. The company has a quick ratio of 1.15, a current ratio of 11.14 and a debt-to-equity ratio of 1.20. William Lyon Homes has a 52 week low of $18.85 and a 52 week high of $32.95. The stock has a market cap of $1,094.35, a P/E ratio of 12.26 and a beta of 1.53.

William Lyon Homes (NYSE:WLH) last released its quarterly earnings data on Tuesday, February 20th. The construction company reported $0.89 EPS for the quarter, beating the Zacks’ consensus estimate of $0.84 by $0.05. William Lyon Homes had a net margin of 2.68% and a return on equity of 10.51%. The business had revenue of $624.60 million during the quarter, compared to analysts’ expectations of $616.91 million. During the same quarter in the prior year, the company earned $0.60 EPS. The firm’s quarterly revenue was up 32.0% on a year-over-year basis. equities research analysts expect that William Lyon Homes will post 3.05 earnings per share for the current fiscal year.

In other William Lyon Homes news, COO Brian W. Doyle sold 15,596 shares of the stock in a transaction dated Wednesday, April 4th. The stock was sold at an average price of $28.02, for a total transaction of $436,999.92. Following the completion of the transaction, the chief operating officer now owns 166,856 shares in the company, valued at approximately $4,675,305.12. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Gmt Capital Corp sold 41,600 shares of the stock in a transaction dated Monday, January 22nd. The stock was sold at an average price of $32.13, for a total value of $1,336,608.00. Following the transaction, the insider now owns 3,529,717 shares of the company’s stock, valued at approximately $113,409,807.21. The disclosure for this sale can be found here. In the last quarter, insiders have sold 91,496 shares of company stock valued at $2,776,197. Corporate insiders own 21.33% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the business. Steward Partners Investment Advisory LLC bought a new position in William Lyon Homes during the 4th quarter worth about $118,000. SG Americas Securities LLC bought a new position in William Lyon Homes during the 3rd quarter worth about $193,000. Capital Fund Management S.A. bought a new position in William Lyon Homes during the 4th quarter worth about $221,000. GSA Capital Partners LLP bought a new position in William Lyon Homes during the 3rd quarter worth about $249,000. Finally, Teacher Retirement System of Texas bought a new position in William Lyon Homes during the 4th quarter worth about $274,000. Hedge funds and other institutional investors own 81.92% of the company’s stock.

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William Lyon Homes Company Profile

William Lyon Homes, together with its subsidiaries, designs, constructs, markets, and sells single-family detached and attached homes in California, Arizona, Nevada, Colorado, Washington, and Oregon. It sells its homes primarily to entry-level, and first-time and second-time move-up homebuyers, as well as to luxury home and active adult markets under the Village Homes and Polygon Northwest Homes brands through in-house commissioned sales personnel and outside brokers.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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