Yahoo Finance

BofA analyst Rafe Jadrosich lowered the firm’s price target on Smith Douglas Homes (SDHC) to $18 from $22 and keeps an Underperform rating on the shares. Smith Douglas’ delivery growth will slow in 2025 and return-on-equity continues to normalize closer to the group average, says the analyst, who adds that the valuation relative to peers “does not appear compelling.”

Light Up your Portfolio with Spark:

• Easily identify stocks' risks and opportunities.

• Discover stocks' market position with detailed competitor analyses.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on SDHC:

Questions or Comments about the article? Write to editor@tipranks.com

• Smith Douglas Homes price target lowered to $21 from $24 at Wells Fargo

• Smith Douglas Homes Corp. Hold Rating: Balancing Strong Financials with Market Challenges

• Smith Douglas Homes Reports Strong 2024 Performance

• Smith Douglas Homes Reports Mixed Earnings Sentiment

• Morning Movers: iRobot plunges following Q4 results