New Home (NYSE:NWHM) Receives News Impact Rating of 0.83

Media coverage about New Home (NYSE:NWHM) has been trending somewhat positive on Friday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than 6,000 news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. New Home earned a media sentiment score of 0.83 on their scale. InfoTrie also gave news headlines about the construction company an news buzz score of 0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company’s share price in the near term.

Shares of NWHM traded down $0.12 during mid-day trading on Friday, hitting $4.43. 2,624 shares of the company’s stock were exchanged, compared to its average volume of 161,574. New Home has a 52 week low of $3.57 and a 52 week high of $10.23. The stock has a 50-day moving average of $4.24. The stock has a market capitalization of $91.42 million, a price-to-earnings ratio of 12.32 and a beta of 1.68. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.10 and a current ratio of 1.10.

New Home (NYSE:NWHM) last issued its earnings results on Friday, May 3rd. The construction company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.04. The firm had revenue of $118.85 million for the quarter. New Home had a negative net margin of 2.35% and a positive return on equity of 2.95%.

NWHM has been the subject of several recent analyst reports. ValuEngine downgraded shares of Ultrapar Participacoes from a “sell” rating to a “strong sell” rating in a research note on Thursday, April 25th. TheStreet downgraded shares of Red Lion Hotels from a “c” rating to a “d+” rating in a research note on Wednesday, April 3rd.

In other New Home news, insider H Lawrence Webb bought 12,960 shares of the firm’s stock in a transaction dated Thursday, June 6th. The stock was bought at an average cost of $3.84 per share, with a total value of $49,766.40. Following the completion of the transaction, the insider now directly owns 838,915 shares in the company, valued at approximately $3,221,433.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Wayne Stelmar bought 10,000 shares of the firm’s stock in a transaction dated Tuesday, June 11th. The shares were acquired at an average cost of $4.40 per share, with a total value of $44,000.00. Following the completion of the transaction, the insider now owns 88,796 shares of the company’s stock, valued at $390,702.40. The disclosure for this purchase can be found here. Insiders have purchased 54,805 shares of company stock valued at $222,214 in the last three months. 23.20% of the stock is owned by insiders.

About New Home

The New Home Company Inc, a homebuilder, focuses on the design, construction, and sale of homes. The company operates in two segments, Homebuilding and Fee Building. It builds and sells homes in metropolitan areas of California and Arizona, including Southern California, the San Francisco Bay area, metro Sacramento, and the greater Phoenix area.

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