Exp World Holdings, Inc. (NASDAQ:AGNT - Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as $4.26 and last traded at $4.27, with a volume of 155901 shares. The stock had previously closed at $4.43.
Wall Street Analysts Forecast Growth
AGNT has been the topic of several recent analyst reports. DA Davidson reissued a "neutral" rating and issued a $6.50 price target (down from $10.25) on shares of Exp World in a research note on Thursday, July 2nd. Benchmark assumed coverage on shares of Exp World in a research report on Thursday, March 26th. They set a "buy" rating and a $8.00 price objective for the company. Wall Street Zen upgraded shares of Exp World to a "hold" rating in a research note on Sunday, May 10th. Finally, Weiss Ratings reiterated a "sell (d)" rating on shares of Exp World in a research report on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Exp World presently has a consensus rating of "Hold" and an average price target of $6.42.
Get Our Latest Stock Report on Exp World
Exp World Stock Performance
The business has a 50 day moving average of $4.85 and a two-hundred day moving average of $6.44. The firm has a market capitalization of $700.02 million, a price-to-earnings ratio of -42.60 and a beta of 2.06.
Exp World (NASDAQ:AGNT - Get Free Report) last announced its quarterly earnings data on Monday, May 11th. The technology company reported ($0.03) EPS for the quarter, beating analysts' consensus estimates of ($0.05) by $0.02. Exp World had a negative return on equity of 7.05% and a negative net margin of 0.35%.The firm had revenue of $1.01 billion during the quarter, compared to analysts' expectations of $971.32 million. On average, equities analysts predict that Exp World Holdings, Inc. will post 0.08 EPS for the current fiscal year.
Exp World Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Friday, May 22nd were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Friday, May 22nd. Exp World's payout ratio is -200.00%.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. Commonwealth Financial Services LLC acquired a new stake in shares of Exp World in the 1st quarter worth about $111,000. SEB Asset Management AB acquired a new position in Exp World during the 1st quarter valued at about $587,000. Illinois Municipal Retirement Fund increased its holdings in Exp World by 3.6% during the 1st quarter. Illinois Municipal Retirement Fund now owns 54,099 shares of the technology company's stock worth $324,000 after purchasing an additional 1,872 shares in the last quarter. Fifth Third Bancorp increased its holdings in Exp World by 2,697.1% during the 1st quarter. Fifth Third Bancorp now owns 21,454 shares of the technology company's stock worth $129,000 after purchasing an additional 20,687 shares in the last quarter. Finally, Louisiana State Employees Retirement System purchased a new stake in shares of Exp World in the first quarter worth approximately $241,000. 27.17% of the stock is currently owned by institutional investors and hedge funds.
About Exp World
(
Get Free Report)
eXp World Holdings, Inc NASDAQ: EXPI is a cloud-based real estate company that operates a global brokerage model through its eXp Realty subsidiary. Founded in 2009 by industry veteran Glenn Sanford and headquartered in Bellingham, Washington, the company leverages a virtual business environment to connect and support real estate professionals. eXp Realty's technology-driven platform enables licensed agents to list, show and manage residential property transactions without the overhead of traditional brick-and-mortar offices.
At the core of eXp World's offering is its proprietary virtual campus, which provides real-time training, collaboration and networking via an immersive online environment.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Exp World, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Exp World wasn't on the list.
While Exp World currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
