Credit Suisse Reiterates Underperform Rating for NVR (NVR)
NVR (NYSE:NVR) traded up 0.77% on Tuesday, hitting $1136.78. The stock had a trading volume of 23,317 shares. NVR has a 52-week low of $830.00 and a 52-week high of $1220.95. The stock has a 50-day moving average of $1128. and a 200-day moving average of $1121.. The company has a market cap of $5.025 billion and a P/E ratio of 20.93.
NVR (NYSE:NVR) last released its earnings data on Monday, July 21st. The company reported $15.17 earnings per share for the quarter, beating the analysts’ consensus estimate of $15.11 by $0.06. The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter last year, the company posted $10.11 earnings per share. NVR’s revenue was up 9.3% compared to the same quarter last year. Analysts expect that NVR will post $62.00 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on NVR. Analysts at Zacks upgraded shares of NVR from an “underperform” rating to a “neutral” rating in a research note on Monday, June 23rd. They now have a $1,134.40 price target on the stock. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company. NVR has a consensus rating of “Hold” and a consensus target price of $1,083.88.
NVR, Inc (NYSE:NVR) is a homebuilder in the United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.