Fathom - FTHM Stock Forecast, Price & News

Fathom Holdings Inc. provides cloud-based real estate brokerage services in the South, Atlantic, Southwest, and Western parts of the United States. It operates through three segments: Real Estate Brokerage, Mortgage, and Technology. The Real Estate Brokerage segment provides real estate brokerage services. The Mortgage segment offers residential loan origination and underwriting services. The Technology segment provides Software as a Service solutions and data mining for third party customers to develop its intelliAgent platform for use by the company's real estate agents. The company operates a real estate services platform that integrates residential brokerage, mortgage, title, and insurance services, as well as supporting software called intelliAgent. It offers access to various properties for sale or lease through its FathomRealty.com website to buyers, sellers, landlords, and tenants. Its intelliAgent real estate technology platform provides a suite of brokerage and agent level tools, technology, business processes, business intelligence and reporting, training, customer relationship management, social media marketing and other marketing, and marketing repository services, as well as marketplace for add-on services and third-party technology. The company's brands include Fathom Realty, Dagley Insurance, Encompass Lending, intelliAgent, LiveBy, Real Results, Verus Title, and Cornerstone. Fathom Holdings Inc. was founded in 2010 and is headquartered in Cary, North Carolina.

Fathom Stock Performance

Shares of FTHM traded down $0.77 during mid-day trading on Friday, hitting $6.24. The stock had a trading volume of 97,111 shares, compared to its average volume of 67,265. The company has a market cap of $108.76 million, a PE ratio of -5.20 and a beta of 1.96. The company's fifty day simple moving average is $8.08 and its two-hundred day simple moving average is $9.80. The company has a quick ratio of 2.29, a current ratio of 2.29 and a debt-to-equity ratio of 0.05. Fathom has a fifty-two week low of $5.90 and a fifty-two week high of $34.22.

Fathom (NASDAQ:FTHM - Get Rating) last announced its quarterly earnings results on Wednesday, May 4th. The company reported ($0.37) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.40) by $0.03. The business had revenue of $90.08 million for the quarter, compared to the consensus estimate of $77.55 million. Fathom had a negative return on equity of 26.50% and a negative net margin of 4.50%. During the same quarter last year, the business posted ($0.25) EPS. On average, equities analysts expect that Fathom will post -1.26 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Stephens initiated coverage on Fathom in a research note on Monday, July 18th. They set an "overweight" rating and a $14.00 price objective for the company.

Insider Buying and Selling

In related news, CFO Marco Fregenal purchased 20,000 shares of the business's stock in a transaction that occurred on Monday, June 13th. The shares were acquired at an average price of $9.12 per share, with a total value of $182,400.00. Following the acquisition, the chief financial officer now owns 1,166,080 shares in the company, valued at approximately $10,634,649.60. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 57.39% of the company's stock.