Analyst Rating Update on Headwaters Incorporated (HW)

Headwaters Incorporated (NYSE:HW) : 8 analysts are covering Headwaters Incorporated (NYSE:HW) and their average rating on the stock is 1.38, which is read as a Strong Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Headwaters Incorporated (NYSE:HW) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Headwaters Incorporated (NYSE:HW) : The highest level Headwaters Incorporated (NYSE:HW) is projected to reach is $25 for the short term and the lowest estimate is at $20. The consolidated price target from 8 rating analysts who initiate coverage on the stock is $22.5 and the possibility the share price can swing is $1.77.

For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Brokerage Firm, DA Davidson, upgrades their rating on the shares of Headwaters Incorporated (NYSE:HW). DA Davidson has a Buy rating on the shares. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on May 4, 2016.

Headwaters Incorporated (NYSE:HW): stock turned positive on Tuesday. Though the stock opened at $16.7, the bulls momentum made the stock top out at $16.96 level for the day. The stock recorded a low of $16.69 and closed the trading day at $16.85, in the green by 2.06%. The total traded volume for the day was 1,046,380. The stock had closed at $16.51 in the previous days trading.

In an insider trading activity,The officer (Pres. Headwaters Resources) of Headwaters Inc, Gehrmann William sold 2,112 shares at $17.93 on November 5, 2015. The Insider selling transaction had a total value worth of $37,868. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Headwaters Incorporated (Headwaters) is a building products company providing products and services in the light and heavy building materials sectors. It operates in three segments: light building products, heavy construction materials and energy technology. The Companys light building products segment is engaged in design, manufacture and marketing of siding accessories used in residential repair and remodeling and new residential construction applications. Heavy construction materials segment is engaged in management and marketing of fly ash and other CCPs, procuring fly ash from coal-fueled electric generating utilities and supplying it to customers as a mineral admixture used as a partial replacement for portland cement in the production of concrete. The energy technology segment is focused on reducing waste and increasing the value of energy-related feedstocks, primarily in the areas of low-value coal and oil.

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