Does The New Home Company Inc. (NYSE:NWHM)’s Growth Make it a Buy?

Sell-side analysts are expecting EPS growth of 31.57% for The New Home Company Inc. (NYSE:NWHM) for the year. Analysts are expecting an EPS change of -21.00% for the current year.

Wall Street analysts polled by Thomson Reuters have a current recommendation of 2.30 on a consensus basis for the stock. The same analysts see shares reaching $12.33 within the next year on a consensus basis.Let’s take a look at how the stock has been performing recently.  Over the past twelve months, The New Home Company Inc. (NYSE:NWHM)’s stock was -2.39%.  Over the last week of the month, it was -0.87%, -3.63% over the last quarter, and  8.65% for the past six months.

Over the past 50 days, The New Home Company Inc. stock’s -1.12% off of the high and 17.23% removed from the low.  Their 52-Week High and Low are noted here.  -8.92% (High), 20.95%, (Low). 

Price-to-Earnings Ratio is the current share price divided by annual earnings per share.  P/E provides a number that details how many years of earnings it will take a stock to recoup the value of one share at current price levels.  Easy to calculate and understand, P/E is an extremely common ratio that is used to compare valuations of stocks against each other relatively.  The New Home Company Inc.’s  P/E ratio is 10.99. 

Projected Earnings Growth (PEG) is a forward looking ratio based on anticipated earnings growth.  PEG is created by dividing P/E by the projected rate of earnings growth.  The New Home Company Inc.’s  PEG is 0.44.

The New Home Company Inc. (NYSE:NWHM)’s RSI (Relative Strength Index) is 60.88.  RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.

Leave a Comment