GRBK - Green Brick Partners: Load Up On Future Price Pullbacks
2023-05-09 22:43:52 ET
Summary
- Green Brick Partners, Inc. is a $2.2 billion market cap company in the US that builds homes in Dallas-Forth Worth, Austin, and Atlanta metropolitan areas.
- The company has an efficient operational structure, a sturdy balance sheet, and low debt-to-total capital ratios.
- While other industry players are facing serious difficulties, GRBK continues to increase its growth rates and maintain one of the strongest gross margins, which is simply impressive.
- Green Brick has a forward sales growth of about 12%, and based on the P/E ratio measure, I consider the stock slightly undervalued compared to the median values of its peers.
- One may consider selling put options or placing pending orders to buy the stock on local weakness. So I rate GRBK stock as Hold with a Buy bias.
For further details see:
Green Brick Partners: Load Up On Future Price Pullbacks