Stock in Focus: AV Homes, Inc. (AVHI)

Company Profile:

AV Homes, Inc. engages in the homebuilding and community development businesses in Florida, the Carolinas, Arizona, and Texas markets. Its principal operations are conducted in the greater Orlando, Jacksonville, Phoenix, Charlotte and Dallas-Fort Worth markets. The Company builds communities that serve both active adults (55 years and older) as well as people of all ages. The company was formerly known as Avatar Holdings Inc. and changed its name to AV Homes, Inc. in February 2012. AV Homes, Inc. was founded in 1970 and is headquartered in Scottsdale, Arizona.

Recent News:

On June 7, 2018, Taylor Morrison Home Corporation (TMHC) and AV Homes, Inc. (AVHI) announced that they have entered into a definitive agreement pursuant to which Taylor Morrison will acquire all of the outstanding shares of AV Homes common stock at $21.50 per share in a cash and stock transaction valued at approximately $963 million.

The company reported total revenue for the first quarter of 2018 decreased 2% to $152.0 million from $155.5 million in the first quarter of 2017. The net loss of $2.3 million, or $0.10 per share in the first quarter of 2018 compares to net income of $2.4 million for the first quarter 2017.

 

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

AVHI’s strengths can be seen in its strong growth, strong profitablity, robust solvency and great efficiency compared with its peers. Its revenue has increased over recent several years. Technical indicators signal the bullish signs, as there is a bullish crossover in Stochastic Oscillator and MACD. RSI(14) stands at 69.46 with positive bias. We rate AV Homes, Inc. (AVHI) a STRONG BUY.

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