Colliers International Group (TSE:CIGI) Trading 1.6% Higher - What's Next?

Key Points

• Shares of Colliers rose 1.6% to C$152.55 on Wednesday (intraday high C$157.67) on slightly above-average volume, and the stock remains below its 50‑day (C$158.43) and 200‑day (C$190.61) moving averages.
• The company has a market cap of C$7.8 billion and trades at a high P/E of 75.52 with a PEG of 0.48 and a beta of 1.24, implying elevated valuation alongside expected earnings growth.
• Latest quarter showed C$3.21 EPS on C$2.13 billion revenue but a low net margin (1.86%) and ROE (7.3%), while the balance sheet displays heavy leverage (debt-to-equity 149.23) with a strong current ratio (5.75) but weak quick ratio (0.58).

Colliers International Group Inc. (TSE:CIGI - Get Free Report)'s stock price traded up 1.6% on Wednesday . The company traded as high as C$157.67 and last traded at C$152.55. 114,430 shares traded hands during trading, an increase of 1% from the average session volume of 113,096 shares. The stock had previously closed at C$150.15.

Colliers International Group Stock Performance

The stock's 50 day moving average price is C$158.43 and its 200 day moving average price is C$190.61. The company has a current ratio of 5.75, a quick ratio of 0.58 and a debt-to-equity ratio of 149.23. The firm has a market cap of C$7.80 billion, a PE ratio of 75.52, a P/E/G ratio of 0.48 and a beta of 1.24.

Colliers International Group (TSE:CIGI - Get Free Report) last issued its earnings results on Friday, February 13th. The company reported C$3.21 EPS for the quarter. The business had revenue of C$2.13 billion for the quarter. Colliers International Group had a net margin of 1.86% and a return on equity of 7.30%. As a group, equities analysts forecast that Colliers International Group Inc. will post 9.457457 earnings per share for the current fiscal year.

Colliers International Group Company Profile

Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide expert advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to the investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national and international basis, Infrastructure consulting, Design and Build, and Market research.

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