eXp World Holdings Inc. (NASDAQ: EXPI) Stock In Prove Me State


    The Vanguard Group, Inc. has recently announced that it has increased stake in eXp World Holdings Inc. (NASDAQ:EXPI) by 13.63%. After grabbing 2.54 million shares, the institutional investor is now in possession of 0.31 million shares of the Real Estate Company. The new investment brought the stake of investor firm to 3.79% having worth around $50.56 million. Moreover, BlackRock Fund Advisors increased its share by 15879.0 to have a control over 1.6 million shares. And Renaissance Technologies LLC raised its holdings to 0.24 million shares by acquiring 0.65 million shares or 0.96% of the stake.

    eXp World Holdings Inc. (EXPI) concluded trading on 08/27/20 at a closing price of $40.76, with 1.09 million shares of worth about $44.34 million changed hands on the day. Weekly performance of the stock remained negative as price took a plunge of -2.70% during that period and on Thursday the price saw a gain of about 0.05%. Currently the company’s common shares owned by public are about 67.76M shares, out of which, 28.64M shares are available for trading.

    A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 3 analysts are covering the EXPI stock and their offered price forecasts bring an average price target of $32.00. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $36.00 and could fall to a lowest price of $28.00. Analysts also issued an outlook of 1.30 for the eXp World Holdings Inc. stock for next 12 months. The stock’s current price level is -27.37% below of average price target set by the analysts, while a dip to estimated low would result in loss of -45.57 for the stock. However, touching the estimated high of $36.00 would mean a loss of -13.22% for the stock.

    According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 203 times over the past 12 months. They bought 1,556,705 shares in 83 of the transactions. In 120 selling transactions, insiders dumped 1,896,208 shares.

    Vanguard Real Estate Index Fund, Vanguard Total Stock Market Index, and iShares Russell 2000 ETF are the top 3 mutual funds which are holding stakes in eXp World Holdings Inc. Vanguard Real Estate Index Fund is currently holding 1.15 million shares of worth totaling $22.95 million. The company recently came selling 3326.0 shares which brought its stake up to 1.72% of the company’s outstanding shares. Vanguard Total Stock Market Index sold 36100.0 shares, after which its hold over company’s outstanding shares shrunk to 1.09%, leaving 0.73 million shares with the mutual fund that have a worth of about $14.48 million. iShares Russell 2000 ETF, after selling 0.48 million shares, have now control over 0.71% of the stake in the company. It holds 22134.0 shares of worth $9.45 million.

    eXp World Holdings Inc. (NASDAQ: EXPI) started trading at $40.10, below -$0.64 from concluding price of the previous day. However, the stock finished the trading on the day at a closing price of $40.76, or with a gain of 0.05%. Stock saw a price change of -2.70% in past 5 days and over the past one month there was a price change of 100.49%. Year-to-date (YTD), EXPI shares are showing a performance of 259.75% which increased to 399.51% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.51 but also hit the highest price of $42.89 during that period. While comparing its average daily trading volume of 794.76K shares, we see that about 1.09 million changed hands on the day. The stock is currently trading 28.50% above its 20-day simple moving average (SMA20), while that difference is up 79.24% for SMA50 and it goes to 207.95% higher than SMA200.

    The Vanguard Group, Inc. acquired 2.54 million shares of eXp World Holdings Inc. having value of about $50.56 million. Data submitted at the U.S SEC by The Vanguard Group, Inc. revealed that the firm now holds 0.31 million shares in the company valued at close to $12438851.48, or have control over 13.63% stake in the company. eXp World Holdings Inc. (NASDAQ: EXPI) currently have 67.76M outstanding shares and institutions hold larger chunk of about 15.60% of that. Holding of mutual funds in the company is about 64.03% while other institutional holders and individual stake holders have control over 9.03% and 6.74% of the stake respectively.

    The stock has a current market capitalization of $2.89B and its 3Y-monthly beta is at 2.94. PE ratio of stock for trailing 12 months is 411.72, while it has posted earnings per share of $0.10 in the same period. Its PEG reads 41.17 and has Quick Ratio of 1.80 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EXPI, volatility over the week remained 8.99% while standing at 10.26% over the month.

    Analysts are in expectations that eXp World Holdings Inc. (EXPI) stock would likely to be making an EPS of $0.07 in the current quarter, while forecast for next quarter ESPS is $0.07 and it is $0.47 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.04 which is $0.1 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.03 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 60.80% while it is estimated to increase by 91.50% in next year.

    Analysts at 3 brokerage firms have issued recommendations for the eXp World Holdings Inc. (EXPI)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.30. Out of those 3 Wall Street analysts, 3 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.


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