New Home stock: buy or sell?
April 6th, 2020
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.
Should I buy New Home stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to choose your own trading plan that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, New Home stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is New Home stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't find any rating for NWHM stock for the last month.
New Home stock analysis
New Home ended today at $1.36 and rocketed an extraordinary 17.24%.
New Home shares rocketed 17.24% to $1.36 today. Since price and SMA200d lines crossed down on March/9, NWHM fell $-3.62 per share (-72.69%). Since SMA100d and SMA200d crossed up on January, NWHM price slid a -71.43%. NWHM is soaring again after a 55.65% correction from its last top on March/26 at $2.48.
After sliding a bloodcurdling -97.41% in a week last week, New Home closed this week at $1.36 and skyrocketed a super good 17.24%.
Since price and 40-weeks moving average lines crossed down early March, NWHM fell $-3.62 per share (-72.69%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.
New Home stock price history
New Home stock went public on January 31st, 2014 with a price of $11.501. Since then, NWHM stock lost a -88.20%, with a yearly average of -14.70%.
1: Adjusted price after possible price splits or reverse-splits.
New Home stock historical price chart
NWHM stock reached 52-week highs on February at $6.00, and all-time highs 2015-07-13 with a price of 17.97.
New Home stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not found any price target for New Home stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter publishing its last earnings report , New Home . As soon as we get its posted EPS from the earnings report, we will update this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, New Home annual turnover plummed a terrifying -11.13% to $667.57 million USD from $751.17 marked in 2017. On the other hand, its profit margin (compared to revenues) decreased to -2.13%, that is $-14.22 million.
|2013||$83 M||-||$5.98 M7.2%||-|
|2014||$150 M||79.81%||$4.79 M3.2%||-19.96%|
|2015||$430 M||187.39%||$22 M5.0%||353.10%|
|2016||$694 M||61.46%||$21 M3.0%||-3.07%|
|2017||$751 M||8.17%||$17 M2.3%||-18.41%|
|2018||$668 M||-11.13%||$-14.22 M-2.1%||-182.88%|
Quarterly financial resultsNew Home posted $229.67 M in sales for 2018-Q4, a 44.34% up compared to previous quarter. Reported quarter income marked $-16.15 M with a profit margin of -7.03%. Profit margin eased a -8.58% compared to previous quarter when profit margin was 1.55%. When comparing sales to same quarter last year, New Home sales marked a spooky decrease and collapsed a -29.14%. Looking back to recent quarterly results, New Home posted 3 positive quarters in a row.
|2017-Q1||$125 M||-||$0.85 M0.7%||-|
|2017-Q2||$144 M||15.27%||$1.52 M1.1%||79.67%|
|2017-Q3||$158 M||9.59%||$4.32 M2.7%||184.21%|
|2017-Q4||$324 M||105.22%||$10.47 M3.2%||142.38%|
|2018-Q1||$123 M||-61.98%||$-0.64 M-0.5%||-106.11%|
|2018-Q2||$156 M||26.23%||$0.12 M0.1%||-117.97%|
|2018-Q3||$159 M||2.29%||$2.46 M1.5%||2,038.26%|
|2018-Q4||$230 M||44.34%||$-16.15 M-7.0%||-756.77%|
New Home ownershipWhen you are planning to invest in shares of a company, it's worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For New Home, 24.09% of all outstanding shares are owned by its staff.
In case of New Home stock, 69.26% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for NWHM stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to New Home:
|Market cap||$27.3 M|
|Total shares||20.1 M|
|Float shares||12.1 M|
|- Institutional holdings (%)||69.3%|
|- Insider holdings (%)||24.1%|
|Shares in short selling||0.0%|
New Home summary
|Monday, April 6th, 2020|
|Day range||$1.22 - $1.54|
|Average true range||$0.47|
|50d mov avg||$3.95|
|100d mov avg||$4.31|
|200d mov avg||$4.26|
New Home performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare New Home performance to :