ValuEngine Lowers William Lyon Homes (NYSE:WLH) to Sell

William Lyon Homes (NYSE:WLH) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday, June 26th, ValuEngine reports.

Separately, Zacks Investment Research cut shares of Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a research report on Saturday, May 11th.

Shares of WLH stock traded up $0.11 during trading hours on Wednesday, hitting $19.24. The company’s stock had a trading volume of 346,526 shares, compared to its average volume of 438,208. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.13 and a current ratio of 5.33. The stock has a 50 day simple moving average of $18.91. William Lyon Homes has a 12-month low of $9.85 and a 12-month high of $24.87. The stock has a market cap of $723.31 million, a PE ratio of 7.95 and a beta of 1.33.

William Lyon Homes (NYSE:WLH) last posted its earnings results on Thursday, May 2nd. The construction company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.01. The firm had revenue of $455.86 million during the quarter, compared to analysts’ expectations of $410.18 million. William Lyon Homes had a net margin of 4.21% and a return on equity of 9.25%. The business’s revenue was up 22.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.21 EPS. Research analysts expect that William Lyon Homes will post 1.79 EPS for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Versant Capital Management Inc boosted its stake in William Lyon Homes by 843.2% during the first quarter. Versant Capital Management Inc now owns 2,094 shares of the construction company’s stock worth $32,000 after buying an additional 1,872 shares during the period. Bank of Montreal Can lifted its position in shares of William Lyon Homes by 638.7% during the fourth quarter. Bank of Montreal Can now owns 4,004 shares of the construction company’s stock worth $43,000 after purchasing an additional 3,462 shares in the last quarter. Quantamental Technologies LLC lifted its position in shares of William Lyon Homes by 283.3% during the first quarter. Quantamental Technologies LLC now owns 4,600 shares of the construction company’s stock worth $71,000 after purchasing an additional 3,400 shares in the last quarter. Globeflex Capital L P raised its holdings in William Lyon Homes by 169.5% in the fourth quarter. Globeflex Capital L P now owns 9,066 shares of the construction company’s stock valued at $97,000 after acquiring an additional 5,702 shares in the last quarter. Finally, BNP Paribas Arbitrage SA acquired a new stake in William Lyon Homes in the first quarter valued at approximately $102,000. 89.00% of the stock is owned by hedge funds and other institutional investors.

William Lyon Homes Company Profile

William Lyon Homes, together with its subsidiaries, designs, constructs, markets, and sells single-family detached and attached homes in California, Arizona, Nevada, Colorado, Washington, Oregon, and Texas. It sells its homes primarily to entry-level, first-time move-up, and second-time move-up homebuyers.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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