Century Communities Inc (CCS) is Initiated by Citigroup to Buy, Price Target at $23

Century Communities Inc (CCS) was Initiated by Citigroup to “Buy” and the brokerage firm has set the Price Target at $23. Citigroup advised their investors in a research report released on Sep 1, 2016.

On the company’s financial health, Century Communities Inc reported $0.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.55. The company had revenue of $257.20 million for the quarter, compared to analysts expectations of $216.27 million. The company’s revenue was up 37.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS.

Century Communities Inc closed down -0.04 points or -0.20% at $19.91 with 23,979 shares getting traded on Monday. Post opening the session at $20.01, the shares hit an intraday low of $19.77 and an intraday high of $20.15 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Century Communities Inc

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