News stories about Headwaters (NYSE:HW) have been trending very positive this week, AlphaOne reports. AlphaOne, a division of Accern, scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Headwaters earned a news impact score of 0.54 on AlphaOne’s scale. AlphaOne also gave media headlines about the construction company an impact score of 50 out of 100, indicating that recent news coverage is somewhat likely to have an impact on the company’s share price in the next few days.
Separately, Jefferies Group LLC reiterated a “hold” rating and issued a $24.25 price target on shares of Headwaters in a report on Friday, March 17th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the stock. Headwaters has an average rating of “Hold” and an average target price of $22.68.
Shares of Headwaters (NYSE HW) opened at 24.24 on Tuesday. The stock has a 50 day moving average price of $24.05 and a 200-day moving average price of $23.54. Headwaters has a one year low of $16.05 and a one year high of $24.25. Headwaters (NYSE:HW) last posted its quarterly earnings results on Friday, April 28th. The construction company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.17 by $0.04. The firm had revenue of $259.30 million during the quarter, compared to analysts’ expectations of $253.47 million. Headwaters had a return on equity of 26.48% and a net margin of 4.18%. The company’s revenue for the quarter was up 28.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.13 EPS. On average, analysts expect that Headwaters will post $1.34 EPS for the current year.
Shares of Headwaters (NYSE HW) opened at 24.24 on Tuesday. The stock has a 50 day moving average price of $24.05 and a 200-day moving average price of $23.54. Headwaters has a one year low of $16.05 and a one year high of $24.25. About Headwaters