Analysts expect eXp World Holdings Inc (NASDAQ:EXPI) to report sales of $146.30 million for the current fiscal quarter, according to Zacks. Two analysts have made estimates for eXp World’s earnings. The lowest sales estimate is $141.91 million and the highest is $150.70 million. The company is scheduled to issue its next quarterly earnings results on Tuesday, February 12th.
On average, analysts expect that eXp World will report full-year sales of $496.02 million for the current year, with estimates ranging from $491.65 million to $500.40 million. For the next year, analysts forecast that the business will post sales of $823.14 million, with estimates ranging from $784.70 million to $861.58 million. Zacks’ sales averages are a mean average based on a survey of sell-side research firms that that provide coverage for eXp World.
eXp World (NASDAQ:EXPI) last released its quarterly earnings data on Tuesday, November 13th. The technology company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.03). eXp World had a negative return on equity of 238.59% and a negative net margin of 7.29%. The business had revenue of $157.20 million during the quarter, compared to analysts’ expectations of $134.56 million. The company’s revenue was up 231.6% on a year-over-year basis.
Several equities research analysts recently commented on EXPI shares. Zacks Investment Research lowered shares of eXp World from a “buy” rating to a “hold” rating in a research report on Tuesday, October 16th. DA Davidson decreased their price objective on shares of eXp World to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, November 14th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. eXp World currently has an average rating of “Buy” and an average price target of $16.65.
In other eXp World news, Director Richard Stanwood Miller sold 10,000 shares of the company’s stock in a transaction dated Thursday, September 20th. The shares were sold at an average price of $19.13, for a total value of $191,300.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Jason Gesing sold 5,600 shares of the company’s stock in a transaction dated Monday, October 1st. The shares were sold at an average price of $16.71, for a total transaction of $93,576.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 68,077 shares of company stock worth $1,119,400. 47.20% of the stock is owned by insiders.
A number of large investors have recently added to or reduced their stakes in the business. D.A. Davidson & CO. acquired a new position in shares of eXp World during the 3rd quarter valued at about $248,000. GSA Capital Partners LLP acquired a new position in shares of eXp World during the 3rd quarter valued at about $358,000. Engineers Gate Manager LP acquired a new position in shares of eXp World during the 3rd quarter valued at about $369,000. Bank of New York Mellon Corp acquired a new position in shares of eXp World during the 3rd quarter valued at about $413,000. Finally, Jane Street Group LLC acquired a new position in shares of eXp World during the 3rd quarter valued at about $429,000. Institutional investors own 4.53% of the company’s stock.
Shares of eXp World stock traded down $0.41 on Monday, hitting $9.61. The company’s stock had a trading volume of 156,568 shares, compared to its average volume of 134,151. eXp World has a 52-week low of $7.03 and a 52-week high of $19.72.
About eXp World
eXp World Holdings, Inc provides cloud-based real estate brokerage services for residential real estate market in the United states and Canada. The company facilitates buyers to search real-time property listings and sellers to list their properties through its Website; and provides buyers and sellers access to a network of professional, consumer-centric agents, and brokers.
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