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Standard Pacific (SPF) Earnings Report Preview For Thursday's Release

Standard Pacific Corp.  (SPF) 

Background:Standard Pacific Corp. operates as a diversified builder of single-family attached and detached homes in the United States. It constructs homes targeting various homebuyers primarily move-up buyers in metropolitan markets in California, Florida, the Carolinas, Texas, Arizona, Colorado, and Nevada.

Strong fourth-quarter earnings growth is expected by Wall Street after the market closes on January 31, 2013. The consensus mean is 7 cents a share, a gain of 3 cents (42.9%) from 4 cents during the corresponding quarter last year. Analysts' estimates this quarter range from 4 cents, to a high of 8 cents per share.

Most of the analysts are bestowing this company a hold rating. 8 out of 13 are now rendering a hold recomendation. 4 recommend this as a buy and 1 recommend selling. New investors from a year ago are happy, and smarter than some analysts rating this company a hold. The shares have move higher 87% over the last 52 weeks. Analysts are calling for a price target of $7.28.

(SPF)

(DHI)

(LEN)

(PHM)

Strong Buy

2

3

2

3

Moderate Buy Buy

2

5

8

10

Hold

8

12

14

9

Moderate Sell Ratings

0

1

0

0

Strong Sell Ratings

1

2

2

1

Avg Analyst Price Target

$7.28

$21.36

$37.39

$18.87

Operating Margin

5.72%

5.98%

8.50%

4.10%

Revenue

1.19 billion

5.51 billion

4.07 billion

4.76 billion

Est Low EPS

0.04

0.12

0.21

0.16

Est High EPS

0.08

0.19

0.57

0.46

1 Year Stock Price Change

92.54%

52.36%

85.88%

157.87%

 

Wow, the short interest is altitudinous and is a strong warning that short sellers expect the share price to fall considerably. The short interest is 33.5%.


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Stock Tickers: SPF DHI LEN Author Disclosure: NA
Standard Pacific Corp.
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