eXp World Holdings Inc (NASDAQ:EXPI) Currently -92.2% Below Its 52-Week High But The Downside Potential May Surprise You

In last trading session, eXp World Holdings Inc (NASDAQ:EXPI) saw 0.85 million shares changing hands with its beta currently measuring 2.58. Company’s recent per share price level of $13.21 trading at $0.38 or 2.96% at ring of the bell on the day assigns it a market valuation of $2.03B. That closing price of EXPI’s stock is at a discount of -92.2% from its 52-week high price of $25.39 and is indicating a premium of 24.6% from its 52-week low price of $9.96. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.39 million shares which gives us an average trading volume of 1.01 million if we extend that period to 3-months.

For eXp World Holdings Inc (EXPI), analysts’ consensus is at an average recommendation of a Hold while assigning it a mean rating of 2.50. Splitting up the data highlights that, out of 4 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.05 in the current quarter.

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eXp World Holdings Inc (NASDAQ:EXPI) trade information

Upright in the green during last session for gaining 2.96%, in the last five days EXPI remained trading in the green while hitting it’s week-highest on Wednesday, 11/15/23 when the stock touched $13.21 price level, adding 4.69% to its value on the day. eXp World Holdings Inc’s shares saw a change of 19.22% in year-to-date performance and have moved 8.10% in past 5-day. eXp World Holdings Inc (NASDAQ:EXPI) showed a performance of -1.05% in past 30-days. Number of shares sold short was 19.28 million shares which calculate 20.94 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of $17.00 to the stock, which implies a rise of 22.29% to its current value. Analysts have been projecting $11.00 as a low price target for the stock while placing it at a high target of $20.00. It follows that stock’s current price would drop -51.4% in reaching the projected high whereas dropping to the targeted low would mean a gain of 16.73% for stock’s current value.

eXp World Holdings Inc (EXPI) estimates and forecasts

Statistics highlight that eXp World Holdings Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -8.64% of value to its shares in past 6 months, showing an annual growth rate of 120.00% while that of industry is -11.90. Apart from that, the company came raising its revenue forecast for fiscal year 2023. This year revenue growth is estimated to fall -6.00% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $972.38 million for the same. And 4 analysts are in estimates of company making revenue of $943.42 million in the next quarter that will end on Mar 2024. Company posted $933.39 million and $861.22 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 4.20% while estimating it to be 9.50% for the next quarter.

In 2023, company’s earnings growth rate is likely to be around -52.95% while estimates for its earnings growth in next 5 years are of 10.00%.

EXPI Dividends

eXp World Holdings Inc is more likely to be releasing its next quarterly report on November 02 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

eXp World Holdings Inc (NASDAQ:EXPI)’s Major holders

Insiders are in possession of 50.24% of company’s total shares while institution are holding 28.02 percent of that, with stock having share float percentage of 56.30%. Investors also watch the number of corporate investors in a company very closely, which is 28.02% institutions for eXp World Holdings Inc that are currently holding shares of the company. Vanguard Group Inc is the top institutional holder at EXPI for having 12.02 million shares of worth $158.75 million. And as of Sep 29, 2023, it was holding 19.71% of the company’s outstanding shares.

The second largest institutional holder is Blackrock Inc., which was holding about 11.72 million shares on Sep 29, 2023. The number of shares represents firm’s hold over 19.21% of outstanding shares, having a total worth of $154.76 million.

On the other hand, iShares Core S&P Smallcap ETF and Vanguard Specialized-Real Estate Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 29, 2023, the former fund manager was holding 5.17 million shares of worth $68.33 million or 8.48% of the total outstanding shares. The later fund manager was in possession of 3.14 million shares on Jul 30, 2023, making its stake of worth around $41.5 million in the company or a holder of 5.15% of company’s stock.

On Key

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