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Why Century Communities (CCS) Could Be Positioned for a Surge
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Century Communities, Inc. (CCS - Free Report) is a home building and construction company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on CCS’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Century could be a solid choice for investors.
Current Quarter Estimates for CCS
In the past 30 days, estimates for Century Communities has increased from 60 cents a share to 64 cents today, a move of 6.7%.
Current Year Estimates for CCS
Meanwhile, Century Communities’ current year figures are also looking quite promising, with three estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $4.08 per share 30 days ago to $4.50 per share today, an increase of 10.3%.
The stock has also started to move higher lately, adding 10.4% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #2 (Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
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Why Century Communities (CCS) Could Be Positioned for a Surge
Century Communities, Inc. (CCS - Free Report) is a home building and construction company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on CCS’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Century could be a solid choice for investors.
Current Quarter Estimates for CCS
In the past 30 days, estimates for Century Communities has increased from 60 cents a share to 64 cents today, a move of 6.7%.
Current Year Estimates for CCS
Meanwhile, Century Communities’ current year figures are also looking quite promising, with three estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $4.08 per share 30 days ago to $4.50 per share today, an increase of 10.3%.
Century Communities, Inc. Price and Consensus
Century Communities, Inc. price-consensus-chart | Century Communities, Inc. Quote
Bottom Line
The stock has also started to move higher lately, adding 10.4% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #2 (Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
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