Sekisui House (OTCMKTS:SKHSY) Shares Gap Down - Should You Sell?

Key Points

• Shares of Sekisui House gapped down before trading, opening at $21.81 after a $23.04 close and last trading around $22.07, roughly a 1.5% decline on light volume (828 shares).
• CLSA upgraded the stock to a strong-buy, and MarketBeat shows an average rating of "Buy" (one Strong Buy, one Hold).
• The company missed the quarter—EPS $0.84 vs. $0.92 expected and revenue $8.03B vs. $8.51B—despite solid fundamentals like a P/E of 9.38, market cap ~ $14.48B, and a quick/current ratio of 2.79.

Shares of Sekisui House Ltd. (OTCMKTS:SKHSY - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $23.04, but opened at $21.81. Sekisui House shares last traded at $22.0650, with a volume of 828 shares trading hands.

Analysts Set New Price Targets

Separately, CLSA upgraded Sekisui House to a "strong-buy" rating in a research report on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Buy".

Sekisui House Stock Down 1.5%

The company has a quick ratio of 2.79, a current ratio of 2.79 and a debt-to-equity ratio of 0.59. The stock has a market cap of $14.48 billion, a P/E ratio of 9.38 and a beta of 0.41. The company has a 50-day simple moving average of $23.16 and a two-hundred day simple moving average of $22.47.

Sekisui House (OTCMKTS:SKHSY - Get Free Report) last announced its earnings results on Thursday, March 5th. The construction company reported $0.84 EPS for the quarter, missing analysts' consensus estimates of $0.92 by ($0.08). The business had revenue of $8.03 billion for the quarter, compared to the consensus estimate of $8.51 billion. Sekisui House had a net margin of 5.51% and a return on equity of 10.82%.

Sekisui House Company Profile

Sekisui House, Ltd. is a leading Japanese homebuilder founded in 1960 and headquartered in Osaka, Japan. The company specializes in the design, construction, and sale of residential properties, positioning itself at the forefront of the nation’s housing industry. Since its inception, Sekisui House has emphasized quality craftsmanship, innovative building methods, and sustainable design, building a reputation for reliable and long-lasting homes.

The company’s core business activities encompass the development of single-family homes, condominiums and rental housing, along with community and urban redevelopment projects.

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