Front Yard Residential (RESI) Reaches $9.56 52-Week Low; Last Week The Weir Group PLC (WEIGF) Analysts

April 23, 2018 - By Louis Casey

The Weir Group PLC (OTCMKTS:WEIGF) Logo

The stock of Front Yard Residential Corporation (NYSE:RESI) hit a new 52-week low and has $8.99 target or 6.00% below today’s $9.56 share price. The 7 months bearish chart indicates high risk for the $510.96M company. The 1-year low was reported on Apr, 23 by Barchart.com. If the $8.99 price target is reached, the company will be worth $30.66M less. The stock decreased 0.62% or $0.06 during the last trading session, reaching $9.56. About 131,939 shares traded. Front Yard Residential Corporation (NYSE:RESI) has declined 33.83% since April 23, 2017 and is downtrending. It has underperformed by 45.38% the S&P500.

Among 4 analysts covering The Weir Group PLC (OTCMKTS:WEIGF), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. The Weir Group PLC had 4 analyst reports since November 4, 2015 according to SRatingsIntel. The stock of The Weir Group PLC (OTCMKTS:WEIGF) earned “Equal-Weight” rating by Morgan Stanley on Thursday, November 5. The stock of The Weir Group PLC (OTCMKTS:WEIGF) earned “Underperform” rating by Bank of America on Wednesday, November 4. The rating was downgraded by Citigroup on Friday, November 6 to “Neutral”. HSBC downgraded the stock to “Hold” rating in Tuesday, December 1 report. See The Weir Group PLC (OTCMKTS:WEIGF) latest ratings:

The Weir Group PLC designs, manufactures, and sells highly-engineered services and products worldwide. The company has market cap of $7.12 billion. The firm operates in three divisions: Minerals, Oil & Gas, and Flow Control. It has a 30.58 P/E ratio. The Minerals segment engineers pumps, valves, cyclones, crushers, high pressure grinding rolls, rubber, and other solutions; and provides slurry handling equipment and associated aftermarket support services for mining, sand and aggregates, and oil sands markets.

It closed at $31.5 lastly. It is down 0.00% since April 23, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 10 analysts covering Altisource Residential Corporation (NYSE:RESI), 6 have Buy rating, 0 Sell and 4 Hold. Therefore 60% are positive. Altisource Residential Corporation has $115 highest and $11.0 lowest target. $27.33’s average target is 185.88% above currents $9.56 stock price. Altisource Residential Corporation had 18 analyst reports since August 11, 2015 according to SRatingsIntel. Jefferies initiated it with “Buy” rating and $115 target in Friday, September 15 report. The company was downgraded on Wednesday, March 9 by JMP Securities. The stock has “Hold” rating by Keefe Bruyette & Woods on Tuesday, August 8. The stock has “Buy” rating by Northland Capital on Friday, June 30. Northland Capital maintained Front Yard Residential Corporation (NYSE:RESI) rating on Tuesday, August 8. Northland Capital has “Buy” rating and $1700 target. The rating was maintained by Keefe Bruyette & Woods on Thursday, November 2 with “Hold”. Citigroup maintained the shares of RESI in report on Wednesday, August 17 with “Neutral” rating. Piper Jaffray maintained the stock with “Overweight” rating in Tuesday, August 11 report. The firm has “Buy” rating given on Tuesday, August 23 by Nomura. The firm has “Buy” rating by JMP Securities given on Tuesday, January 30.

Analysts await Front Yard Residential Corporation (NYSE:RESI) to report earnings on May, 8. They expect $-0.49 earnings per share, up 46.74% or $0.43 from last year’s $-0.92 per share. After $-0.70 actual earnings per share reported by Front Yard Residential Corporation for the previous quarter, Wall Street now forecasts -30.00% EPS growth.

Investors sentiment decreased to 0.98 in Q4 2017. Its down 0.49, from 1.47 in 2017Q3. It is negative, as 14 investors sold Front Yard Residential Corporation shares while 29 reduced holdings. 9 funds opened positions while 33 raised stakes. 35.93 million shares or 3.74% less from 37.33 million shares in 2017Q3 were reported. International Gru Inc holds 0% of its portfolio in Front Yard Residential Corporation (NYSE:RESI) for 33,435 shares. Omers Administration Corporation holds 0% or 27,800 shares. Indexiq Advsrs Lc invested 0.02% in Front Yard Residential Corporation (NYSE:RESI). Hotchkis And Wiley Cap Management Limited Company has 146,011 shares. California Employees Retirement System invested 0% of its portfolio in Front Yard Residential Corporation (NYSE:RESI). Northern holds 0% in Front Yard Residential Corporation (NYSE:RESI) or 578,694 shares. Capital Fund Management has 22,600 shares for 0% of their portfolio. Renaissance Technology Ltd Liability Corporation has 111,500 shares for 0% of their portfolio. State Street Corporation owns 1.05 million shares for 0% of their portfolio. 4,415 are owned by Ameritas Prtn. Envestnet Asset Mgmt Incorporated holds 64 shares. Royal Bankshares Of Canada invested in 0% or 11,803 shares. Savings Bank Of Ny Mellon Corporation stated it has 256,757 shares or 0% of all its holdings. Comml Bank Of Montreal Can holds 0% of its portfolio in Front Yard Residential Corporation (NYSE:RESI) for 31,317 shares. D E Shaw Company owns 363,188 shares or 0.01% of their US portfolio.

Altisource Residential Corporation, through its subsidiary, Altisource Residential, L.P., focuses on acquiring, owning, and managing single-family rental properties in the United States. The company has market cap of $510.96 million. It acquires its single-family rental properties primarily through the acquisition of sub-performing and non-performing loan portfolios. It currently has negative earnings. The firm is qualified as a real estate investment trust under the Internal Revenue Code.

Front Yard Residential Corporation (NYSE:RESI) Ratings Chart

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