A new trading day began on November 20, 2023, with eXp World Holdings Inc (NASDAQ: EXPI) stock priced at $13.19, down -3.18% from the previous day of trading. During the day, the shares moved up to $13.32 and dropped to $12.72 before settling in for the closing price of $13.21. EXPI’s price has ranged from $9.96 to $25.39 over the past 52 weeks.
A company in the Real Estate sector has jumped its sales by 106.29% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -52.95%. With a float of $77.23 million, this company’s outstanding shares have now reached $152.84 million.
In an organization with 2016 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +7.98, operating margin of +0.12, and the pretax margin is +0.10.
eXp World Holdings Inc (EXPI) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Real Estate Services Industry. The insider ownership of eXp World Holdings Inc is 49.78%, while institutional ownership is 34.29%. The most recent insider transaction that took place on Sep 06, was worth 385,618. In this transaction Director of this company sold 20,000 shares at a rate of $19.28, taking the stock ownership to the 2,297,858 shares. Before that another transaction happened on Aug 30, when Company’s Chief Growth Officer sold 50,000 for $19.53, making the entire transaction worth $976,500. This insider now owns 11 shares in total.
eXp World Holdings Inc (EXPI) Latest Financial update
In its latest quarterly report, released on 9/29/2023, the company reported earnings of $0.01 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +0.34 while generating a return on equity of 6.57. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -52.95% per share during the next fiscal year.
eXp World Holdings Inc (NASDAQ: EXPI) Trading Performance Indicators
Here are eXp World Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.46. Likewise, its price to free cash flow for the trailing twelve months is 10.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.03, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach 0.25 in one year’s time.
Technical Analysis of eXp World Holdings Inc (EXPI)
Let’s dig in a bit further. During the last 5-days, its volume was 1.1 million. That was better than the volume of 1.07 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 59.69%. Additionally, its Average True Range was 0.85.
During the past 100 days, eXp World Holdings Inc’s (EXPI) raw stochastic average was set at 9.87%, which indicates a significant decrease from 32.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.86% in the past 14 days, which was higher than the 58.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.75, while its 200-day Moving Average is $16.17. However, in the short run, eXp World Holdings Inc’s stock first resistance to watch stands at $13.17. Second resistance stands at $13.54. The third major resistance level sits at $13.77. If the price goes on to break the first support level at $12.57, it is likely to go to the next support level at $12.34. The third support level lies at $11.97 if the price breaches the second support level.
eXp World Holdings Inc (NASDAQ: EXPI) Key Stats
With a market capitalization of 1.97 billion, the company has a total of 153,799K Shares Outstanding. Currently, annual sales are 4,598 M while annual income is 15,440 K. The company’s previous quarter sales were 1,215 M while its latest quarter income was 1,350 K.