eXp World Holdings Inc (EXPI) Stock Rating Lowered by Zacks Investment Research
eXp World Holdings Inc (NASDAQ:EXPI) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday.
According to Zacks, “eXp World Holdings, Inc. provides cloud-based real estate brokerage services primarily 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. eXp World Holdings, Inc., formerly known as eXp Realty International Corporation, is based in Bellingham, Washington. “
Several other equities analysts have also recently issued reports on EXPI. Fundamental Research reaffirmed a “top pick” rating and issued a $7.43 price objective on shares of eXp World Holdings in a research note on Friday, June 23rd. William Blair started coverage on shares of eXp World Holdings in a research note on Friday, July 21st. They issued an “outperform” rating on the stock. Finally, ValuEngine cut shares of eXp World Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, August 3rd.
Shares of eXp World Holdings (NASDAQ:EXPI) traded up 0.51% during mid-day trading on Tuesday, hitting $3.98. 10,556 shares of the company’s stock traded hands. eXp World Holdings has a 1-year low of $2.52 and a 1-year high of $5.50. The stock has a 50 day moving average price of $0.71 and a 200-day moving average price of $0.83. The stock’s market cap is $211.61 million.
eXp World Holdings (NASDAQ:EXPI) last announced its quarterly earnings data on Monday, August 14th. The technology company reported $0.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.05) by $0.10. The company had revenue of $39.57 million for the quarter, compared to analysts’ expectations of $33.79 million. eXp World Holdings had a net margin of 8.16% and a return on equity of 392.26%. Equities research analysts anticipate that eXp World Holdings will post ($0.03) EPS for the current fiscal year.
ILLEGAL ACTIVITY WARNING: “eXp World Holdings Inc (EXPI) Stock Rating Lowered by Zacks Investment Research” was originally reported by American Banking News and is the sole property of of American Banking News. If you are accessing this article on another site, it was illegally stolen and republished in violation of United States and international copyright & trademark law. The legal version of this article can be read at https://www.americanbankingnews.com/2017/10/17/exp-world-holdings-inc-expi-stock-rating-lowered-by-zacks-investment-research-2.html.
About eXp World Holdings
eXp World Holdings, Inc, formerly eXp Realty International Corporation, is a cloud-based real estate company. The Company’s segments include Real Estate Brokerage Services, Mortgage Origination Services, and Corporate and Other. It operates over the Internet through its Website, http://exprealty.com and a cloud-based platform to provide its residential real estate brokerage services.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for eXp World Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eXp World Holdings Inc and related companies with MarketBeat.com's FREE daily email newsletter.