Technicals Say Realogy Holdings Corp. (RLGY) Is A Hold

Realogy Holdings Corp. (NYSE:RLGY) finished Wednesday with an addition of $1.49 to close at $20.30, an upside of 7.92 percent. An average of 1,432,420 shares of common stock have been traded in the last five days. There was a gain of $2.28 in the past week. The last 20 days have seen an average of 1,393,470 shares traded, while the 50-day average volume stands at 1,323,564.

RLGY stock has increased by 22.00% in the last month. The company shares reached their 1-month lowest point of $16.40 on 09/15/21. With the stock rallying to its 52-week high on 10/13/21, shares of the company touched a low of $9.45 and a high of $19.88 in 52 weeks. In spite of this, the price is up 2.11% from the 52-week high.


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Insider Transactions

164 days have passed since Realogy Holdings Corp. (RLGY) last reported insider trading activity. Gustavson Timothy B., who is SVP, Chief Accounting Officer, most recently acquired $12,000 shares at $17.39 per share on May 03. In this transaction, the insider spent $208,680. EVP, General Counsel and Sec., WASSER MARILYN J., disposed of 16,923 shares at a price of $16.43 on Mar 10. The insider now owns more than $278,045 worth of shares. Prior to that, Pres./CEO, Realogy Title Group Casey Donald J went on to Sale 10,000 shares at $15.88 each on Mar 09. An amount of $158,800 was transacted.

Valuation Metrics

Realogy Holdings Corp. (RLGY) has a trailing price-to-earnings (P/E) ratio of 10.53, which compares with the 17.60 for the broader industry and 38.25 for the sector. In the last five years, Realogy Holdings Corp.’s PE ratio has ranged between 24.06 and 4.694. The stock’s beta is 2.68. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.31, the price-to-book (PB) ratio at 1.18, and the price-to-cash flow ratio at 2.97.

The company’s most recent quarterly dividend payment was $0.09 a share, without any change from last year.

The quick ratio of Realogy Holdings Corp. for the three months ended June 29 was 1.50, and the current ratio was 1.50, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.68 and a total debt to equity ratio of 1.77 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 20.50% against a 5-year average of 45.9%. Its gross profit as reported stood at -$342.0 million compared to revenue of $6.22 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Realogy Holdings Corp.’s return on assets was 4.20%, compared to 0.6% over the last five years. In the past year, the return on investment has been -4.70%, and the 5-year average is 3.2%. Meanwhile, the return on equity (ROE) for the past 12 months has been 16.40% and the 5-year average holds at 0.8%. For the broader industry, ROE averaged 6.48 over the past year.

Earnings Surprise

The analyst consensus anticipated Realogy Holdings Corp.’s latest quarter earnings to come in at $1.07 per share, but it turned out to be $1.33, a 24.30% surprise. For the quarter, EBITDA amounted to $297.0 million. At the end of the quarter ending June 29, Realogy Holdings Corp.’s stock balance sheet showed total debt was $4.16 billion. Shareholders own equity worth $116.58 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Realogy Holdings Corp. (RLGY) price momentum. RSI 9-day as of the close on 13 October was 76.21%, suggesting the stock is Overbought, with historical volatility in this time frame at 46.56%.

As of today, RLGY’s price is $19.16 +12.65% or $2.28 from its 5-day moving average. RLGY is currently trading +22.22% higher than its 20-day SMA and +11.05% higher than its 100-day SMA. However, the stock’s current price level is +17.00% above the SMA50 and +49.48% above the SMA200.

The stochastic %K and %D were 74.32% and 69.55%, respectively, and the average true range (ATR) was 0.81. With the 14-day stochastic at 99.33% and the average true range at 0.75, the RSI (14) stands at 69.93%. The stock has reached 0.71 on the 9-day MACD Oscillator while the 14-day reading was at 0.90.

Analyst Ratings

Keefe Bruyette upgraded Realogy Holdings Corp. (NYSE: RLGY) to a an Outperform rating in its most recent analyst report. Previously, the stock was rated as a a Mkt perform.The consensus rating for Realogy Holdings Corp. (RLGY) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell RLGY, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 4 others rate it as a “buy”.

What is RLGY’s price target for the next 12 months?

Analysts predict a range of price targets between $16.00 and $28.00, with a median target of $24.00. Taking a look at these predictions, the average price target given by analysts for Realogy Holdings Corp. (RLGY) stock is $23.00.

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