Century Communities (CCS) Is Up 6.10% in One Week: What You Should Know

Core Viewpoint - Century Communities (CCS) is positioned as a strong momentum stock with a Zacks Rank of 2 (Buy) and a Momentum Style Score of A, indicating potential for outperformance in the near term [2][11]. Group 1: Momentum Characteristics - Momentum investing focuses on following a stock's recent price trends, with the strategy of buying high and selling higher, capitalizing on established price movements [6]. - CCS has shown significant price appreciation, with shares rising 21.91% over the past quarter and 29.3% over the last year, outperforming the S&P 500, which increased by 7.48% and 21.12% respectively [9]. Group 2: Earnings Estimates and Revisions - Over the past two months, CCS has seen one earnings estimate increase, raising the consensus estimate from $10.13 to $10.43, with no downward revisions during this period [5]. - The Zacks Momentum Style Score incorporates trends in earnings estimate revisions, which are crucial for assessing stock potential [10]. Group 3: Trading Volume and Market Comparison - CCS's average 20-day trading volume is 357,312 shares, with above-average volume typically indicating bullish trends [4]. - In the past week, CCS shares increased by 6.1%, outperforming the Zacks Building Products - Home Builders industry, which rose by 3.96% during the same timeframe [12].