FY2017 EPS Estimates for Lyon William Homes Boosted by Analyst (NYSE:WLH)
Lyon William Homes (NYSE:WLH) – Analysts at Wedbush upped their FY2017 EPS estimates for shares of Lyon William Homes in a research note issued to investors on Tuesday. Wedbush analyst J. Mccanless now anticipates that the construction company will post earnings per share of $2.41 for the year, up from their prior forecast of $2.18. Wedbush also issued estimates for Lyon William Homes’ Q4 2017 earnings at $1.13 EPS, Q1 2018 earnings at $0.25 EPS, Q2 2018 earnings at $0.68 EPS and FY2018 earnings at $2.81 EPS.
Lyon William Homes (NYSE:WLH) last released its quarterly earnings data on Monday, August 7th. The construction company reported $0.49 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.01. The firm had revenue of $422.69 million during the quarter, compared to analysts’ expectations of $424.86 million. Lyon William Homes had a return on equity of 7.72% and a net margin of 3.01%. Lyon William Homes’s revenue was up 29.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.38 earnings per share. WARNING: This piece was first published by Watch List News and is owned by of Watch List News. If you are accessing this piece on another domain, it was illegally stolen and republished in violation of United States and international copyright & trademark laws. The original version of this piece can be viewed at https://www.watchlistnews.com/fy2017-eps-estimates-for-lyon-william-homes-boosted-by-analyst-nysewlh/1468179.html.
WLH has been the topic of several other research reports. Zacks Investment Research downgraded Lyon William Homes from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 18th. BidaskClub downgraded Lyon William Homes from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, Citigroup Inc. reissued a “buy” rating and issued a $27.50 price objective (up previously from $27.00) on shares of Lyon William Homes in a research note on Tuesday, July 18th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $22.50.
Lyon William Homes (NYSE WLH) opened at 23.50 on Thursday. The firm has a 50-day moving average price of $23.40 and a 200 day moving average price of $21.33. Lyon William Homes has a 52-week low of $15.21 and a 52-week high of $24.51. The stock has a market cap of $750.47 million, a PE ratio of 22.13 and a beta of 1.76.
In other news, major shareholder Gmt Capital Corp sold 52,000 shares of the business’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of $23.44, for a total value of $1,218,880.00. Following the sale, the insider now owns 4,380,417 shares of the company’s stock, valued at approximately $102,676,974.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 633,344 shares of company stock worth $14,682,944 in the last three months. Company insiders own 21.33% of the company’s stock.
Several hedge funds have recently bought and sold shares of the company. Renaissance Technologies LLC purchased a new stake in Lyon William Homes during the fourth quarter worth approximately $2,679,000. Teachers Advisors LLC increased its stake in Lyon William Homes by 21.7% in the fourth quarter. Teachers Advisors LLC now owns 43,716 shares of the construction company’s stock worth $832,000 after buying an additional 7,806 shares in the last quarter. Nationwide Fund Advisors increased its stake in Lyon William Homes by 4.1% in the first quarter. Nationwide Fund Advisors now owns 20,648 shares of the construction company’s stock worth $426,000 after buying an additional 814 shares in the last quarter. Sippican Capital Advisors increased its stake in Lyon William Homes by 4.2% in the first quarter. Sippican Capital Advisors now owns 76,267 shares of the construction company’s stock worth $1,573,000 after buying an additional 3,098 shares in the last quarter. Finally, Fisher Asset Management LLC increased its stake in Lyon William Homes by 33.6% in the first quarter. Fisher Asset Management LLC now owns 79,179 shares of the construction company’s stock worth $1,633,000 after buying an additional 19,900 shares in the last quarter.
About Lyon William Homes
William Lyon Homes is primarily engaged in the design, construction and sale of single family detached and attached homes in California, Arizona and Nevada. The Company conducts its homebuilding operations through four reportable operating segments: Southern California, Northern California, Arizona and Nevada.
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