The share price of eXp World Holdings Inc. (NASDAQ:EXPI) fell to $12.14 per share on Tuesday from $12.51. While eXp World Holdings Inc. has underperformed by -2.96%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, EXPI fell by -40.34%, with highs and lows ranging from $22.45 to $9.96, whereas the simple moving average fell by -7.14% in the last 200 days.
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On July 21, 2021, Berenberg started tracking eXp World Holdings Inc. (NASDAQ: EXPI) recommending Buy. A report published by William Blair on February 12, 2021, Downgraded its rating to ‘Mkt Perform’ for EXPI.
Analysis of eXp World Holdings Inc. (EXPI)
A return on investment can be expected regardless of EXPI’s performance over the next quarter with the dividend set at $0.18 per share. Further, the quarter-over-quarter decrease in sales is -13.30%, showing a negative trend in the upcoming months.
To gain a thorough understanding of eXp World Holdings Inc.’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 6.20% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.00, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and EXPI is recording an average volume of 904.55K. On a monthly basis, the volatility of the stock is set at 4.94%, whereas on a weekly basis, it is put at 4.38%, with a gain of 3.50% over the past seven days. Furthermore, long-term investors anticipate a median target price of $17.00, showing growth from the present price of $12.14, which can serve as yet another indication of whether EXPI is worth investing in or should be passed over.
How Do You Analyze eXp World Holdings Inc. Shares?
A leading company in the Real Estate Services sector, eXp World Holdings Inc. (EXPI) is based in the USA. When comparing eXp World Holdings Inc. shares with other companies under Real Estate, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 123.88, there is a growth in quarterly earnings of -148.00%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 48.90%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 29.10% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in EXPI shares?
The recent increase in stakes in EXPI appears to be a result of several institutional investors and hedge funds increasing their positions. The Vanguard Group, Inc.’s position in EXPI has increased by 0.58% in the first quarter. The company now owns 10,305,485 shares of the stock, with a value of $124.49 million, following the purchase of 59,544 additional shares during the last quarter. BlackRock Fund Advisors made another increased to its shares in EXPI during the first quarter, upping its stake by 8.16%. During the last quarter, the company picked up 324,737 additional shares for a total stake of worth $52.0 million, bringing number of shares owned by the company to 4,304,740.
During the first quarter, Copeland Capital Management LLC added a 1,078,309 position in EXPI. Integrated Advisors Network LLC sold an additional 59720.0 shares in the last quarter, decreasing its holdings by -3.00%, now holding 1.93 million shares worth $23.33 million. At the end of the first quarter, Geode Capital Management LLC increased its EXPI holdings by 2.51% and now holds 1.56 million EXPI shares valued at $18.89 million with the added 38222.0 shares during the period. EXPI shares are owned by institutional investors to the tune of 29.10% at present.
