NVR (NYSE:NVR) Reaches New 1-Year Low - Time to Sell?

Shares of NVR, Inc. (NYSE:NVR - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $6,900.00 and last traded at $7,146.85, with a volume of 94 shares changing hands. The stock had previously closed at $7,109.99.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on NVR shares. JPMorgan Chase & Co. dropped their price objective on NVR from $9,245.00 to $8,570.00 and set a "neutral" rating for the company in a research note on Wednesday, January 29th. UBS Group raised their price target on NVR from $8,750.00 to $8,900.00 and gave the company a "neutral" rating in a research report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $9,356.67.

NVR Price Performance

The company has a market capitalization of $21.13 billion, a price-to-earnings ratio of 14.03, a P/E/G ratio of 2.39 and a beta of 1.07. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.69 and a current ratio of 6.18. The company has a fifty day simple moving average of $7,327.64 and a two-hundred day simple moving average of $8,362.54.

NVR (NYSE:NVR - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The construction company reported $139.93 EPS for the quarter, topping analysts' consensus estimates of $132.63 by $7.30. NVR had a return on equity of 39.67% and a net margin of 16.34%. As a group, research analysts anticipate that NVR, Inc. will post 505.2 earnings per share for the current year.

NVR announced that its Board of Directors has authorized a share buyback plan on Wednesday, December 11th that permits the company to repurchase $750.00 million in shares. This repurchase authorization permits the construction company to purchase up to 2.8% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its shares are undervalued.

Insiders Place Their Bets

In related news, Director Thomas D. Eckert sold 143 shares of the stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $7,515.60, for a total transaction of $1,074,730.80. Following the sale, the director now owns 1,050 shares in the company, valued at $7,891,380. This represents a 11.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 7.00% of the stock is currently owned by corporate insiders.

Institutional Trading of NVR

Several hedge funds have recently made changes to their positions in NVR. JDM Financial Group LLC acquired a new stake in shares of NVR in the fourth quarter valued at approximately $25,000. EverSource Wealth Advisors LLC increased its stake in NVR by 150.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company's stock worth $41,000 after purchasing an additional 3 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of NVR during the third quarter valued at approximately $49,000. Franchise Capital Ltd acquired a new stake in shares of NVR in the first quarter worth $51,000. Finally, Smartleaf Asset Management LLC grew its stake in NVR by 75.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company's stock valued at $57,000 after acquiring an additional 3 shares in the last quarter. Institutional investors own 83.67% of the company's stock.

NVR Company Profile

NVR, Inc operates as a homebuilder in the United States. The company operates through, Homebuilding and Mortgage Banking segments. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers; and NVHomes and Heartland Homes products to move-up and luxury buyers.