Anywhere Real Estate Inc. (NYSE:HOUS) finished Wednesday with a subtraction of -$0.25 to close at $5.84, a downside of -4.11 percent. An average of 1,060,860 shares of common stock have been traded in the last five days. There was a fall of -$0.92 in the past week, and it reached a new high 6 times over the past 12 months. The last 20 days have seen an average of 1,334,635 shares traded, while the 50-day average volume stands at 1,504,390.
HOUS stock has decreased by -13.86% in the last month. The company shares reached their 1-month lowest point of $5.82 on 12/28/22. With the stock rallying to its 52-week high on 02/18/22, shares of the company touched a low of $6.09 and a high of $20.59 in 52 weeks. It has reached a new high 5 times so far this year and lost -65.26% or -$10.97 in price. In spite of this, the price is down -71.64% from the 52-week high.
Will You Miss Out On This Growth Stock Boom?
A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.
And this is just one of our 5 Best Growth Stocks To Own For 2023.
HOUS stock investors should be aware that Anywhere Real Estate Inc. (HOUS) stock had its last reported insider trading activity 136 days ago on Aug 15.
Anywhere Real Estate Inc. (HOUS) has a trailing price-to-earnings (P/E) ratio of 3.22. The stock’s beta is 2.18. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.08, the price-to-book (PB) ratio at 0.30.
The quick ratio of Anywhere Real Estate Inc. for the three months ended September 29 was 0.70, and the current ratio was 0.70, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.12 and a total debt to equity ratio of 1.36 for the quarter ending September 29. Its gross profit as reported stood at $631.0 million compared to revenue of $7.98 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, Anywhere Real Estate Inc.’s return on assets was 3.00%.
For the three-month period that ended September 29, Anywhere Real Estate Inc. had $2.49 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $55.0 million in the quarter, while revenues were shrunk -107.27%. The analyst consensus anticipated Anywhere Real Estate Inc.’s latest quarter earnings to come in at $0.67 per share, but it turned out to be $0.58, a -13.40% surprise. For the quarter, EBITDA amounted to $149.0 million. At the end of the quarter ending September 29, Anywhere Real Estate Inc.’s stock balance sheet showed total debt was $3.55 billion. Shareholders own equity worth $109.48 million.
From a technical analysis perspective, let’s take a brief look at Anywhere Real Estate Inc. (HOUS) price momentum. RSI 9-day as of the close on 28 December was 22.33%, suggesting the stock is oversold, with historical volatility in this time frame at 18.48%.
As of today, HOUS’s price is $6.28 -13.61% or -$0.92 from its 5-day moving average. HOUS is currently trading -16.33% lower than its 20-day SMA and -46.37% lower than its 100-day SMA. However, the stock’s current price level is -24.35% below the SMA50 and -62.08% below the SMA200.
The stochastic %K and %D were 2.29% and 3.72%, respectively, and the average true range (ATR) was 0.37. With the 14-day stochastic at 0.80% and the average true range at 0.39, the RSI (14) stands at 30.87%. The stock has reached -0.54 on the 9-day MACD Oscillator while the 14-day reading was at -0.81.
JP Morgan downgraded Anywhere Real Estate Inc. (NYSE: HOUS) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as an Overweight. The consensus rating for Anywhere Real Estate Inc. (HOUS) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell HOUS, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 3 others rate it as a “buy”.
What is HOUS’s price target for the next 12 months?
Analysts predict a range of price targets between $7.00 and $12.50, with a median target of $10.50. Taking a look at these predictions, the average price target given by analysts for Anywhere Real Estate Inc. (HOUS) stock is $10.25.