CalAtlantic Group, Inc. stock performance trend indicates that the stock price has rallied 8.51% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 12.05% . Looking at the past 52 week period, the stock price is up at 13.55% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of CalAtlantic Group, Inc. has a positive value of 7.72 compared to overall market.CalAtlantic Group, Inc. is having a Relative Strength Index of 63.06 which indicates the stock is not yet over sold or over bought based on the technical indicators.
CalAtlantic Group, Inc. (NYSE:CAA) has climbed 0.11% in the past week and advanced 9.59% in the last 4 weeks. The stocks have underperformed the S&P 500 by 0.13% during the past week but CalAtlantic Group, Inc. (NYSE:CAA) it has outperformed the index in 4 weeks by 8.35%.
For the current week, the company shares have a recommendation consensus of Buy. CalAtlantic Group, Inc. (NYSE:CAA) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.7 points or 1.83% at $37.47 with 1,541,156 shares getting traded. Post opening the session at $38.14, the shares hit an intraday low of $37.38 and an intraday high of $38.17 and the price was in this range throughout the day. The company has a market cap of $4,289 million and the number of outstanding shares has been calculated to be 114,472,916 shares. The 52-week high of CalAtlantic Group, Inc. (NYSE:CAA) is $40.94 and the 52-week low is $30.18.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.CalAtlantic Group Inc was Initiated by Barclays on Jan 6, 2017 to Underweight, Price Target of the shares are set at $34.
Company has reported several Insider transactions to the SEC, on Mar 14, 2017, Jeffrey Joseph Mccall (EVP & CFO) sold 15,758 shares at 36.35 per share price.On Sep 16, 2016, Wendy L Marlett (CMO & EVP Sales & Marketing) sold 18,000 shares at 34.51 per share price.On Feb 26, 2016, Larry T Nicholson (President & CEO) sold 78,342 shares at 29.00 per share price.
CalAtlantic Group Inc Last issued its quarterly earnings results on Oct 26, 2016. The company reported $0.97 EPS for the quarter, missing the analyst consensus estimate by $ -0.20. Analyst had a consensus of $1.17. The company had revenue of $1665.03 million for the quarter, compared to analysts expectations of $1964.24 million. The companys revenue was up 166.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.59 EPS.
CalAtlantic Group, Inc. operates as a homebuilder. The company offers crafted homes. It also provides mortgage financing services to its homebuyers; and title examination services. Calatlantic Group Inc., formerly known as Standard Pacific Corp., is headquartered in Irvine, California.