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WCI Communities (NASDAQ:WCIC) has received an average recommendation of “Buy” from the seven analysts that are currently covering the stock, American Banking and Market News reports. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $21.47.

WCI Communities (NASDAQ:WCIC) opened at 20.07 on Tuesday. WCI Communities has a 1-year low of $14.50 and a 1-year high of $21.28. The stock has a 50-day moving average of $18.33 and a 200-day moving average of $19.11. The company has a market cap of $521.3 million and a price-to-earnings ratio of 4.16.

WCI Communities (NASDAQ:WCIC) last announced its earnings results on Tuesday, August 5th. The company reported $0.17 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.21 by $0.04. The company had revenue of $93.00 million for the quarter, compared to the consensus estimate of $104.51 million. During the same quarter last year, the company posted $0.45 earnings per share. WCI Communities’s revenue was up 11.6% compared to the same quarter last year. Analysts expect that WCI Communities will post $0.76 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Citigroup Inc. upgraded shares of WCI Communities from a “neutral” rating to a “buy” rating in a research note on Friday, August 15th. They now have a $22.00 price target on the stock, up previously from $21.00. Separately, analysts at Zacks upgraded shares of WCI Communities from an “underperform” rating to a “neutral” rating in a research note on Wednesday, August 6th. They now have a $17.80 price target on the stock. Finally, analysts at FBR Capital Markets cut their price target on shares of WCI Communities from $23.00 to $21.00 in a research note on Wednesday, August 6th.

WCI Communities, Inc is a lifestyle community developer and luxury homebuilder of single-and multi-family homes.

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