Gafisa (NYSE:GFA) has been assigned a consensus broker rating score of 4.00 (Sell) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a sell recommendation.
Brokerages have set a 12 month consensus price target of $10.50 for the company, according to Zacks. Zacks has also given Gafisa an industry rank of 111 out of 265 based on the ratings given to related companies.
A number of equities research analysts recently commented on GFA shares. Santander downgraded Gafisa from a “hold” rating to a “sell” rating in a research report on Thursday, February 15th. ValuEngine downgraded Gafisa from a “hold” rating to a “sell” rating in a research report on Monday, February 5th. Finally, Credit Suisse Group started coverage on Gafisa in a research report on Monday, March 12th. They issued an “underperform” rating on the stock.
A number of hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC purchased a new stake in Gafisa during the fourth quarter valued at approximately $183,000. Two Sigma Advisers LP purchased a new stake in Gafisa during the fourth quarter valued at approximately $197,000. Citadel Advisors LLC purchased a new stake in Gafisa during the third quarter valued at approximately $176,000. Finally, Two Sigma Investments LP purchased a new stake in Gafisa during the fourth quarter valued at approximately $519,000. Institutional investors and hedge funds own 5.91% of the company’s stock.
Shares of NYSE:GFA traded down $0.01 during mid-day trading on Tuesday, reaching $6.70. The stock had a trading volume of 34,355 shares, compared to its average volume of 49,124. The company has a current ratio of 1.81, a quick ratio of 2.09 and a debt-to-equity ratio of 0.71. Gafisa has a 1 year low of $5.53 and a 1 year high of $17.16.
Gafisa (NYSE:GFA) last posted its earnings results on Thursday, March 8th. The construction company reported ($2.75) EPS for the quarter. The firm had revenue of $50.73 million during the quarter. Gafisa had a negative return on equity of 39.31% and a negative net margin of 138.50%.
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Gafisa SA operates as a homebuilder in Brazil. The company develops residential units, such as luxury buildings with swimming pools, gyms, visitor parking, and other amenities for upper-income customers; buildings for middle-income customers; and entry-level buildings and house units for lower-income customers.
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