CBRE Group Inc (CBRE) 20 Days SMA touches 0.07%: The odds favor the bear

CBRE Group Inc (NYSE: CBRE) on Tuesday, plunged -1.03% from the previous trading day, before settling in for the closing price of $137.29. Within the past 52 weeks, CBRE’s price has moved between $81.62 and $142.00.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Real Estate Sector giant saw their annual sales surged by 8.58% over the last five years. The company achieved an average annual earnings per share of 29.96%. With a float of $303.96 million, this company’s outstanding shares have now reached $306.01 million.

The firm has a total of 130000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 18.14%, operating margin of 3.79%, and the pretax margin is 3.6%.

CBRE Group Inc (CBRE) Insider Activity

Observing investor behavior towards Real Estate Services industry stocks is more important than anything else. The insider ownership of CBRE Group Inc is 0.67%, while institutional ownership is 98.24%. The most recent insider transaction that took place on Dec 02 ’24, was worth 1,401,200. In this transaction CEO, Real Estate Investments of this company sold 10,000 shares at a rate of $140.12, taking the stock ownership to the 207,094 shares. Before that another transaction happened on Dec 02 ’24, when Company’s Officer proposed sale 10,000 for $140.12, making the entire transaction worth $1,401,200.

CBRE Group Inc (CBRE) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.94 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 29.96% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.00% during the next five years compared to 0.36% growth over the previous five years of trading.

CBRE Group Inc (NYSE: CBRE) Trading Performance Indicators

CBRE Group Inc (CBRE) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.21. Likewise, its price to free cash flow for the trailing twelve months is 42.10.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.11, a number that is poised to hit 2.21 in the next quarter and is forecasted to reach 6.07 in one year’s time.

Technical Analysis of CBRE Group Inc (CBRE)

Analysing the last 5-days average volume posted by the [CBRE Group Inc, CBRE], we can find that recorded value of 1.53 million was lower than the volume posted last year of 1.68 million. As of the previous 9 days, the stock’s Stochastic %D was 40.89%. Additionally, its Average True Range was 2.98.

During the past 100 days, CBRE Group Inc’s (CBRE) raw stochastic average was set at 86.58%, which indicates a significant increase from 48.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.29% in the past 14 days, which was lower than the 28.16% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $130.42, while its 200-day Moving Average is $106.25. Now, the first resistance to watch is $138.05. This is followed by the second major resistance level at $140.21. The third major resistance level sits at $141.47. If the price goes on to break the first support level at $134.63, it is likely to go to the next support level at $133.37. Should the price break the second support level, the third support level stands at $131.21.

CBRE Group Inc (NYSE: CBRE) Key Stats

Market capitalization of the company is 41.58 billion based on 306,018K outstanding shares. Right now, sales total 31,949 M and income totals 986,000 K. The company made 9,036 M in profit during its latest quarter, and 225,000 K in sales during its previous quarter.