Are Anywhere Real Estate Inc (HOUS) stocks a prudent buy?

Currently, Anywhere Real Estate Inc [HOUS] is trading at $3.67, up 1.66%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HOUS shares have gain 2.80% over the last week, with a monthly amount glided 32.01%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Anywhere Real Estate Inc [NYSE: HOUS] stock has seen the most recent analyst activity on December 18, 2023, when JP Morgan downgraded its rating to a Underweight but kept the price target unchanged to $7 for it. On February 28, 2023, downgrade downgraded it’s rating to Mkt Perform and revised its price target to $7 on the stock. JP Morgan downgraded its rating to a Neutral and decreased its price target to $11 on December 16, 2022.

This stock has fluctuated between a low of $2.71 and a high of $7.89 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $8.5 within the next 12 months. Anywhere Real Estate Inc [NYSE: HOUS] shares were valued at $3.67 at the most recent close of the market. An investor can expect a potential return of 131.61% based on the average HOUS price forecast.

Analyzing the HOUS fundamentals

Trailing Twelve Months sales for Anywhere Real Estate Inc [NYSE:HOUS] were 5.58B which represents -3.09% decline. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.11 and Total Capital is 0.25. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.9.

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 3.52 points at the first support level, and at 3.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.76, and for the 2nd resistance point, it is at 3.84.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 0.07, the price to book ratio is 0.25.

Transactions by insiders

Recent insider trading involved Williams Felicia, Director, that happened on Mar 08 ’24 when 8424.0 shares were purchased.

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