Five Point (NYSE:FPH) posted its earnings results on Friday. The company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.15), MarketWatch Earnings reports. Five Point had a negative return on equity of 2.64% and a negative net margin of 23.77%. The firm had revenue of $12.01 million during the quarter.
NYSE FPH traded up $0.01 during trading hours on Friday, hitting $6.63. 251,756 shares of the company were exchanged, compared to its average volume of 154,196. The stock has a 50-day moving average price of $7.06 and a 200 day moving average price of $7.48. Five Point has a 52 week low of $6.44 and a 52 week high of $9.40. The stock has a market cap of $1.01 billion, a PE ratio of -18.42 and a beta of 1.02.
FPH has been the topic of several analyst reports. TheStreet cut Five Point from a “c-” rating to a “d+” rating in a research note on Tuesday, October 22nd. Evercore ISI reissued a “buy” rating on shares of Five Point in a research note on Tuesday, August 13th. Finally, Zacks Investment Research cut Five Point from a “buy” rating to a “hold” rating in a research note on Saturday, August 10th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $9.35.
Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LP, plans, develops, and owns mixed-use communities in California, the United States. The company operates through four segments: Newhall, San Francisco, Great Park, and Commercial. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers; operates properties; and provides development management services.
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