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The Company is focused on residential and commercial construction and related activities, including mortgage financing. Its subsidiary companies operated in three principal business segments: Home Building, Financial Services and Construction Services.
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shop1 (94.79) Submitted: 4/30/08 1:16 PM : Start Price: $21.52 CTX Score: 28.28
Homebuilding, financial services and construction services...the trifecta for a failed business. Centex has negative earnings, negative cash flow & a negative profit margin. It doesn't look like the housing industry will be turning around any time soon and one really has to question whether this company will survive the downturn. Smart investors will steer clear on Centex for awhile just to make sure it doesn't go belly up.
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