Shares of UCP Inc. (NYSE:UCP) have earned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation.
Brokerages have set a one year consensus price target of $9.00 for the company and are forecasting that the company will post $0.15 earnings per share for the current quarter, according to Zacks. Zacks has also given UCP an industry rank of 71 out of 265 based on the ratings given to related companies.
Several research firms recently issued reports on UCP. Zacks Investment Research raised shares of UCP from a “sell” rating to a “hold” rating in a report on Tuesday, July 19th. TheStreet raised shares of UCP from a “sell” rating to a “hold” rating in a report on Monday, July 18th.
UCP (NYSE:UCP) traded up 0.46% during trading on Thursday, hitting $8.70. 405 shares of the company were exchanged. The company has a market capitalization of $69.43 million, a price-to-earnings ratio of 12.27 and a beta of 1.35. The company has a 50-day moving average of $8.59 and a 200-day moving average of $8.02. UCP has a 12 month low of $5.22 and a 12 month high of $9.57.
UCP (NYSE:UCP) last posted its quarterly earnings results on Monday, August 1st. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.03. The firm had revenue of $81.40 million for the quarter, compared to analysts’ expectations of $50.80 million. UCP had a net margin of 1.71% and a return on equity of 2.64%. The firm’s quarterly revenue was up 51.4% on a year-over-year basis. During the same period in the prior year, the company posted ($0.08) earnings per share. Analysts forecast that UCP will post $0.40 EPS for the current year.
Several hedge funds have recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in shares of UCP by 5.4% in the second quarter. Dimensional Fund Advisors LP now owns 136,873 shares of the company’s stock worth $1,098,000 after buying an additional 6,974 shares during the period. Schwab Charles Investment Management Inc. acquired a new stake in shares of UCP during the second quarter worth $104,000. Bank of New York Mellon Corp boosted its stake in shares of UCP by 127.8% in the second quarter. Bank of New York Mellon Corp now owns 23,393 shares of the company’s stock worth $188,000 after buying an additional 13,122 shares during the period. California State Teachers Retirement System acquired a new stake in shares of UCP during the second quarter worth $136,000. Finally, River Road Asset Management LLC boosted its stake in shares of UCP by 3.5% in the second quarter. River Road Asset Management LLC now owns 761,444 shares of the company’s stock worth $6,107,000 after buying an additional 25,690 shares during the period. 82.93% of the stock is currently owned by institutional investors.
UCP Company Profile
UCP, Inc is a homebuilder and land developer with a focus on residential land acquisition, development and entitlement, as well as home design, construction and sales. The Company operates in two segments: homebuilding and land development. The homebuilding and land segments include two geographic regions: West and Southeast.
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