In the last trading session, 1,455,068 shares of the eXp World Holdings, Inc.(NASDAQ:EXPI) were traded, and its beta was 3.18. Most recently the company’s share price was $71.42, and it changed around $2.71 or 0.04% from the last close, which brings the market valuation of the company to $9.99 Billion. EXPI currently trades at a discount to its 52-week high of $90, offering almost -26.02% off that amount. The share price’s 52-week low was $3.26, which indicates that the current value has risen by an impressive 95.44% since then. We note from eXp World Holdings, Inc.’s average daily trading volume that its 10-day average is 2.16 Million shares, with the 3-month average coming to 2.01 Million.
eXp World Holdings, Inc. stock received a consensus recommendation rating of Overweight, based on a mean score of 2. If we narrow it down even further, the data shows that none out of 3 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, 1 recommended EXPI as a Hold, whereas 2 deemed it a Buy, and no one rated it as Underweight. eXp World Holdings, Inc. is expected to report earnings per share of $0.07 for the current quarter.
eXp World Holdings, Inc. (NASDAQ:EXPI): Trading Information
Instantly EXPI has showed a green trend with a performance of 3.94% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $90.00 on Tuesday, Feb 16 increased the stock’s daily price by 20.64%. The company’s shares are currently up 1.26% year-to-date, but still down -0.0205 over the last five days. On the other hand, eXp World Holdings, Inc. (NASDAQ:EXPI) is 0.79% up in the 30-day period. We can see from the shorts that 3.19 Million shares have been sold at a short interest cover period of 1.59 day(s).
The consensus price target as assigned by Wall Street analysts is $61.5, which translates to bears needing to reduce their stock price by -13.89% from its current value. Analyst projections state that EXPI is forecast to be at a low of $26.5 and a high of $96.5. In order for the stock price to hit the forecast high, the stock would need to surge +35.12% from its current level, while the stock would need to crash -62.9% from its current level to reach the projected low.
eXp World Holdings, Inc. (EXPI) projections and forecasts
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of $521.8 Million in revenue for the current quarter. 3 analysts expect eXp World Holdings, Inc. to make $465.39 Million in revenue for the quarter ending March 01, 2021. The company’s sales for the same quarter a year ago was $274.02 Million. Analysts predict that the company’s current quarter sales will jump, forecast at 90.4%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of 0%. eXp World Holdings, Inc. earnings are expected to increase by 60.8% in 2021, but the outlook is positive 10% per year for the next five years.
eXp World Holdings, Inc. (NASDAQ:EXPI)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 56.16% of eXp World Holdings, Inc. shares, and 19.75% of them are in the hands of institutional investors. The stock currently has a share float of 45.04%. eXp World Holdings, Inc. stock is held by 198 institutions, with Vanguard Group, Inc. (The) being the largest institutional investor. By Sep 29, 2020, it held 5.14% of the shares, which is about 3.14 Million shares worth $63.26 Million.
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