eXp World Holdings Inc (EXPI) stock forecast: Can it reach its 52-week high of $25.39

A share price of eXp World Holdings Inc [EXPI] is currently trading at $10.33, up 3.20%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The EXPI shares have gain 6.39% over the last week, with a monthly amount drifted -18.53%, and not seem to be holding up well over a long-time horizon.

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On 28, March 2024, eXp Realty Expands Executive Team With Key Human Resources and Technology Leadership Appointments. In a post published today on Yahoo Finance, eXp Realty Expands Executive Team With Key Human Resources and Technology Leadership Appointments.

From an analyst’s perspective:

eXp World Holdings Inc [NASDAQ: EXPI] stock has seen the most recent analyst activity on July 18, 2023, when BTIG Research initiated its Sell rating and assigned the stock a price target of $14. Previously, Berenberg started tracking the stock with Buy rating on July 21, 2021, and set its price target to $53. On February 12, 2021, downgrade downgraded it’s rating to Mkt Perform.

eXp World Holdings Inc experienced fluctuations in its stock price throughout the past year between $8.91 and $25.39. Currently, Wall Street analysts expect the stock to reach $22 within the next 12 months. eXp World Holdings Inc [NASDAQ: EXPI] shares were valued at $10.33 at the most recent close of the market. An investor can expect a potential return of 112.97% based on the average EXPI price forecast.

Analyzing the EXPI fundamentals

Trailing Twelve Months sales for eXp World Holdings Inc [NASDAQ:EXPI] were 4.28B which represents 5.32% growth. Gross Profit Margin for this corporation currently stands at 0.08% with Operating Profit Margin at -0.0%, Pretax Profit Margin comes in at -0.0%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.04 and Total Capital is -0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.04 points at the first support level, and at 9.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.59, and for the 2nd resistance point, it is at 10.84.

eXp World Holdings Inc [EXPI] reported earnings per share of -$0.14 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.04/share, meaning a difference of -$0.1 and a surprise factor of -250.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.01 per share as compared to estimates of $0.04 per share, a difference of -$0.03 representing a surprise of -75.00%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for eXp World Holdings Inc [NASDAQ:EXPI] is 1.88. In addition, the Quick Ratio stands at 1.88 and the Cash Ratio stands at 1.21. Considering the valuation of this stock, the price to sales ratio is 0.37, the price to book ratio is 6.58.

Transactions by insiders

Recent insider trading involved Gesing Jason, Director, that happened on Dec 14 ’23 when 60000.0 shares were sold. Director, Gesing Jason completed a deal on Sep 06 ’23 to sell 20000.0 shares. Meanwhile, Chief Growth Officer Valdes Jose Enrique sold 50000.0 shares on Aug 30 ’23.

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