Howard Hughes Corp Hits New 52-Week High at $159.86 (HHC)
Howard Hughes Corp (NYSE:HHC) shares hit a new 52-week high during trading on Wednesday , Analyst Ratings Net reports. The stock traded as high as $159.86 and last traded at $158.99, with a volume of 74,867 shares changing hands. The stock had previously closed at $155.65.
HHC has been the subject of a number of recent research reports. Analysts at TheStreet downgraded shares of Howard Hughes Corp from a “buy” rating to a “hold” rating in a research note on Tuesday, May 20th. Analysts at JMP Securities raised their price target on shares of Howard Hughes Corp from $170.00 to $175.00 in a research note on Friday, May 16th. They now have an “outperform” rating on the stock.
The stock has a 50-day moving average of $152.4 and a 200-day moving average of $143.9. The company’s market cap is $6.282 billion.
Howard Hughes Corp (NYSE:HHC) last released its earnings data on Thursday, August 7th. The company reported $1.48 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.38 by $1.10. The company had revenue of $209.63 million for the quarter, compared to the consensus estimate of $118.40 million. On average, analysts predict that Howard Hughes Corp will post $-0.79 earnings per share for the current fiscal year.
The Howard Hughes Corporation, incorporated on July 1, 2010, is a developer and operator of master planned communities and mixed use properties.
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