News headlines about CalAtlantic Group (NYSE:CAA) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. CalAtlantic Group earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave news headlines about the industrial goods maker an impact score of 45.9449916067112 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
CalAtlantic Group (NYSE CAA) traded up $0.41 on Monday, reaching $53.12. 17,976,299 shares of the company were exchanged, compared to its average volume of 2,215,714. The firm has a market capitalization of $6,170.00 and a price-to-earnings ratio of 15.76. CalAtlantic Group has a 52-week low of $33.56 and a 52-week high of $64.60. The company has a quick ratio of 0.29, a current ratio of 5.91 and a debt-to-equity ratio of 0.80.
A number of analysts have recently commented on CAA shares. Credit Suisse Group reissued a “neutral” rating and set a $63.00 target price (up previously from $51.00) on shares of CalAtlantic Group in a research note on Monday, January 22nd. They noted that the move was a valuation call. Mizuho set a $64.00 target price on shares of CalAtlantic Group and gave the stock a “hold” rating in a research note on Thursday, January 18th. ValuEngine raised shares of CalAtlantic Group from a “hold” rating to a “buy” rating in a research note on Tuesday, January 30th. Wedbush boosted their target price on shares of CalAtlantic Group from $51.00 to $53.00 and gave the stock a “neutral” rating in a research note on Friday, December 29th. Finally, UBS boosted their target price on shares of CalAtlantic Group from $55.00 to $63.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 17th. Thirteen research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. CalAtlantic Group has an average rating of “Hold” and an average price target of $55.22.
CalAtlantic Group, Inc is a diversified builder of single-family attached and detached homes. The Company operates through two segments: homebuilding and financial services. The homebuilding segment operations include acquiring and developing land, and constructing and selling single-family attached and detached homes.
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