While RE/MAX Holdings Inc has underperformed by -6.78%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, RMAX fell by -57.32%, with highs and lows ranging from $20.48 to $7.24, whereas the simple moving average fell by -39.45% in the last 200 days.
On December 18, 2023, JP Morgan Downgraded RE/MAX Holdings Inc (NYSE: RMAX) to Underweight. A report published by Morgan Stanley on November 07, 2023, Downgraded its rating to ‘Underweight’ for RMAX. Stephens February 21, 2023d the rating to Equal-Weight on February 21, 2023, and set its price target from $28 to $21. Morgan Stanley September 22, 2021d its ‘Overweight’ rating to ‘Equal-Weight’ for RMAX, as published in its report on September 22, 2021. Berenberg’s report from July 21, 2021 suggests a price prediction of $41 for RMAX shares, giving the stock a ‘Buy’ rating. Compass Point also rated the stock as ‘Neutral’.
Analysis of RE/MAX Holdings Inc (RMAX)
The current dividend for RMAX investors is set at $0.46 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter decrease in sales is -5.74%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of RE/MAX Holdings Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -15.47% is sufficient for you to turn a profit off your investment.
As an indicator of volatility for any stock, average volume can also be very valuable, and RMAX is recording an average volume of 301.39K. On a monthly basis, the volatility of the stock is set at 6.63%, whereas on a weekly basis, it is put at 5.05%, with a loss of -6.44% over the past seven days. Furthermore, long-term investors anticipate a median target price of $9.00, showing growth from the present price of $7.70, which can serve as yet another indication of whether RMAX is worth investing in or should be passed over.
How Do You Analyze RE/MAX Holdings Inc Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. 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 13.75%. 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 91.10% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
RMAX shares are owned by institutional investors to the tune of 91.10% at present.
