As of Friday close, eXp World Holdings Inc.’s (NASDAQ:EXPI) stock was down -$0.81, moving down -3.23 percent to $24.26. The average number of shares traded per day over the past five days has been 1,221,800 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.02 fall in that time frame. In the last twenty days, the average volume was 1,287,695, while in the previous 50 days, it was 1,649,010.
Since last month, EXPI stock rose 27.48%. Shares of the company fell to $18.66 on 07/06/23, the lowest level in the past month. A 52-week high of $25.39 was reached on 08/01/23 after having rallying from a 52-week low of $9.96. Since the beginning of this year, EXPI’s stock price has risen by 118.95% or $13.18, and marked a new high 21 times. However, the stock has declined by -4.45% since its 52-week high.
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EXPI stock investors should be aware that eXp World Holdings Inc. (EXPI) stock had its last reported insider trading activity 4 days ago on Aug 01. MILES RANDALL D, the Director of the company, disposed of 40,000 shares for $25.04 on Aug 01. It resulted in a $1,001,472 divestment by the insider. SANFORD PENNY sold 60,000 shares at an average price of $19.78 on Jun 14. The insider now owns 26,984,043 shares following the transaction. On Jun 12, CEO and Chairman of the Board Sanford Glenn Darrel sold 500,000 shares at $19.36 apiece. The transaction was valued at $9,677,889.
Valuation Metrics
Right now, eXp World Holdings Inc. (EXPI) has a P/E ratio of about 485.20. The stock’s beta is 2.72. Besides these, the trailing price-to-sales (P/S) ratio of 0.79, the price-to-book (PB) ratio of 14.70, and the price-to-cash flow ratio of 28.97 may also be considered.
The latest dividend of $0.0450 per share was paid out, remained unchanged from last year’s $0.0450. On Thursday October 27 2022, a $0.0050 dividend increase was announced.
Financial Health
In the three months ended June 29, eXp World Holdings Inc.’s quick ratio stood at 1.80, while its current ratio was 1.80, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 8.00% percent. In the year ended June 29, EBITDA margin amounted to 0.33%, whereas operating margins totaled 0.00%. Based on annual data, EXPI earned $5.41 million in gross profit and brought in $4.6 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 6.40%. Return on equity (ROE) for the past 12 months was 3.20%.
In eXp World Holdings Inc.’s quarter-end financial report for June 29, it reported total debt of $10000.0. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. EXPI’s revenue fell -14.77% to $850.62 million during the quarter, while net income inched up to $1.23 billion. While analysts expected eXp World Holdings Inc. to report $0.07 quarterly earnings, the actual figure was $0.06 per share, beating the consensus estimate by -14.30%. During the quarter, the company generated $0.91 million in EBITDA. The value of shareholders’ equity is $153.44 million.
Technical Picture
This quick technical analysis looks at eXp World Holdings Inc.’s (EXPI) price momentum. With a historical volatility rate of 54.55%, the RSI 9-day stood at 56.37% on 04 August.
With respect to its five-day moving average, the current eXp World Holdings Inc. price is down by -0.08% percent or -$0.02. At present, EXPI shares trade +25.96% above its 20-day simple moving average and +104.55% percent above its 100-day simple moving average. However, the stock is currently trading approximately +56.31% above its SMA50 and +95.80% above its SMA200.
Stochastic coefficient K was 79.02% and Stochastic coefficient D was 85.51%, while ATR was 1.42. Given the Stochastic reading of 72.64% for the 14-day period, the RSI (14) reading has been calculated as 58.65%. As of today, the MACD Oscillator reading stands at 0.34, while the 14-day reading stands at 1.03.
Analyst Ratings
BTIG Research launched its rating on eXp World Holdings Inc. (NASDAQ: EXPI) to a Sell in a note to investors on July 18, 2023. eXp World Holdings Inc. (EXPI) has been rated Hold by analysts. According to 1 brokerage firm, EXPI is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate eXp World Holdings Inc. stock as buy, with 2 recommending it as overweight.
With a median target price of $27.00, the current consensus forecast for the stock is $14.00 – $28.00. Based on these forecasts, analysts predict eXp World Holdings Inc. (EXPI) will achieve an average price target of $23.00.
