Analysts Anticipate AV Homes Inc (AVHI) to Post $0.41 Earnings Per Share

Shares of AV Homes Inc (NASDAQ:AVHI) have been assigned an average broker rating score of 3.00 (Hold) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold rating.

Analysts have set a 12 month consensus target price of $22.00 for the company and are anticipating that the company will post $0.41 earnings per share for the current quarter, according to Zacks. Zacks has also assigned AV Homes an industry rank of 114 out of 265 based on the ratings given to related companies.

Several research firms have recently weighed in on AVHI. BidaskClub lowered shares of AV Homes from a “buy” rating to a “hold” rating in a report on Tuesday, January 30th. Zacks Investment Research raised shares of AV Homes from a “hold” rating to a “strong-buy” rating and set a $21.00 price objective for the company in a report on Thursday, January 4th.

AV Homes (NASDAQ:AVHI) opened at $16.25 on Thursday. The company has a market cap of $364.90, a PE ratio of 22.57 and a beta of 0.52. The company has a debt-to-equity ratio of 1.04, a quick ratio of 2.56 and a current ratio of 2.56. AV Homes has a one year low of $14.65 and a one year high of $20.50.

Several hedge funds and other institutional investors have recently bought and sold shares of AVHI. Basswood Capital Management L.L.C. acquired a new stake in shares of AV Homes during the fourth quarter worth approximately $1,880,000. Dimensional Fund Advisors LP increased its holdings in shares of AV Homes by 9.9% during the third quarter. Dimensional Fund Advisors LP now owns 1,046,609 shares of the financial services provider’s stock worth $17,949,000 after buying an additional 94,199 shares in the last quarter. Oppenheimer & Co. Inc. increased its holdings in shares of AV Homes by 18.9% during the third quarter. Oppenheimer & Co. Inc. now owns 530,855 shares of the financial services provider’s stock worth $9,104,000 after buying an additional 84,281 shares in the last quarter. Quantum Capital Management acquired a new stake in shares of AV Homes during the third quarter worth approximately $1,406,000. Finally, GSA Capital Partners LLP increased its holdings in shares of AV Homes by 247.6% during the third quarter. GSA Capital Partners LLP now owns 58,259 shares of the financial services provider’s stock worth $999,000 after buying an additional 41,500 shares in the last quarter. 83.70% of the stock is owned by institutional investors.

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AV Homes Company Profile

AV Homes, Inc is a homebuilder engaged in the business of homebuilding and community development in Florida, Arizona and the Carolinas. The Company is also engaged in other real estate activities, such as the operation of amenities and the sale of land for third-party development. The Company’s segments include Florida, Arizona and the Carolinas.

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