As of Friday close, Douglas Elliman Inc.’s (NYSE:DOUG) stock was down -$0.08, moving down -3.77 percent to $2.04. The average number of shares traded per day over the past five days has been 721,900 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.31 fall in that time frame. In the last twenty days, the average volume was 706,660, while in the previous 50 days, it was 1,273,270.
Since last month, DOUG stock retreated -6.85%. Shares of the company fell to $2.04 on 08/18/23, the lowest level in the past month. A 52-week high of $5.85 was reached on 02/02/23 after having rallying from a 52-week low of $2.07. Since the beginning of this year, DOUG’s stock price has dropped by -47.37% or -$1.84, and marked a new high 12 times. However, the stock has declined by -65.14% since its 52-week high.
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DOUG stock investors should be aware that Douglas Elliman Inc. (DOUG) stock had its last reported insider trading activity 313 days ago on Oct 10. LORBER HOWARD M, the Chairman, President & CEO of the company, purchased of 100,000 shares for $3.99 on Oct 10. It resulted in a $399,340 investment by the insider. Liebowitz Michael added 40,000 shares at an average price of $3.93 on Oct 10. The insider now owns 135,587 shares following the transaction. On Oct 10, SVP, Treasurer & CFO KIRKLAND J BRYANT III bought 10,000 shares at $3.87 apiece. The transaction was valued at $38,700.
Valuation Metrics
The stock’s beta is 1.26. Besides these, the trailing price-to-sales (P/S) ratio of 0.18, the price-to-book (PB) ratio of 0.67.
The latest dividend of $0.05 per share was paid out, remained unchanged from last year’s $0.05.
Financial Health
In the three months ended June 29, Douglas Elliman Inc.’s quick ratio stood at 2.20, while its current ratio was 2.20, showing that the company is able to pay off its debt. In the year ended June 29, operating margins totaled -0.50%. Based on annual data, DOUG earned -$4.54 million in gross profit and brought in $1.15 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 -4.10%. Return on equity (ROE) for the past 12 months was -2.30%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. DOUG’s revenue fell -32.06% to $213.98 million during the quarter, while net income inched up to $275.91 million. While analysts expected Douglas Elliman Inc. to report -$0.12 quarterly earnings, the actual figure was -$0.06 per share. During the quarter, the company generated -$6.3 million in EBITDA. The value of shareholders’ equity is $88.63 million.
Technical Picture
This quick technical analysis looks at Douglas Elliman Inc.’s (DOUG) price momentum. With a historical volatility rate of 84.30%, the RSI 9-day stood at 38.31% on 18 August.
With respect to its five-day moving average, the current Douglas Elliman Inc. price is down by -13.19% percent or -$0.31. At present, DOUG shares trade -8.11% below its 20-day simple moving average and -31.57% percent below its 100-day simple moving average. However, the stock is currently trading approximately -22.39% below its SMA50 and -53.64% below its SMA200.
Stochastic coefficient K was 21.87% and Stochastic coefficient D was 27.78%, while ATR was 0.13. Given the Stochastic reading of 0.00% for the 14-day period, the RSI (14) reading has been calculated as 40.91%. As of today, the MACD Oscillator reading stands at -0.10, while the 14-day reading stands at -0.09.
Analyst Ratings
BTIG Research launched its rating on Douglas Elliman Inc. (NYSE: DOUG) to a Neutral in a note to investors on July 18, 2023. Douglas Elliman Inc. (DOUG) has been rated Overweight by analysts. According to 0 brokerage firms, DOUG 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 Douglas Elliman Inc. stock as buy, with 1 recommending it as overweight.
With a median target price of $4.00, the current consensus forecast for the stock is $4.00 – $4.00. Based on these forecasts, analysts predict Douglas Elliman Inc. (DOUG) will achieve an average price target of $4.00.
