eXp World Holdings Inc (NASDAQ:EXPI) – Investment analysts at DA Davidson decreased their Q2 2019 earnings per share estimates for shares of eXp World in a research note issued to investors on Monday, February 11th. DA Davidson analyst T. White now anticipates that the technology company will earn $0.01 per share for the quarter, down from their previous estimate of $0.04. DA Davidson has a “Buy” rating and a $20.00 price target on the stock. DA Davidson also issued estimates for eXp World’s Q2 2020 earnings at $0.07 EPS, Q4 2020 earnings at $0.00 EPS, FY2020 earnings at $0.09 EPS and FY2021 earnings at $0.30 EPS.
A number of other research analysts have also commented on EXPI. Zacks Investment Research upgraded shares of eXp World from a “sell” rating to a “hold” rating in a research note on Monday, January 7th. ValuEngine lowered shares of eXp World from a “buy” rating to a “hold” rating in a research note on Monday, January 7th.
NASDAQ EXPI opened at $10.79 on Tuesday. eXp World has a 12 month low of $6.61 and a 12 month high of $19.72.
eXp World (NASDAQ:EXPI) last posted its quarterly earnings data on Tuesday, November 13th. The technology company reported ($0.08) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.05) by ($0.03). eXp World had a negative net margin of 7.29% and a negative return on equity of 238.59%. The company had revenue of $157.20 million for the quarter, compared to analyst estimates of $134.56 million. The company’s revenue was up 231.6% compared to the same quarter last year.
Large investors have recently modified their holdings of the stock. D.A. Davidson & CO. bought a new stake in eXp World during the third quarter worth approximately $248,000. Sigma Planning Corp boosted its holdings in eXp World by 6.2% during the fourth quarter. Sigma Planning Corp now owns 17,115 shares of the technology company’s stock worth $121,000 after buying an additional 1,000 shares in the last quarter. GSA Capital Partners LLP bought a new stake in eXp World during the third quarter worth approximately $358,000. Engineers Gate Manager LP bought a new stake in eXp World during the third quarter worth approximately $369,000. Finally, Bank of New York Mellon Corp bought a new stake in eXp World during the third quarter worth approximately $413,000. Hedge funds and other institutional investors own 4.61% of the company’s stock.
In related news, Director Richard Stanwood Miller sold 11,000 shares of the firm’s stock in a transaction that occurred on Saturday, February 9th. The shares were sold at an average price of $10.75, for a total transaction of $118,250.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Alan M. Goldman sold 8,333 shares of the firm’s stock in a transaction that occurred on Monday, January 28th. The stock was sold at an average price of $10.12, for a total transaction of $84,329.96. The disclosure for this sale can be found here. Insiders have sold 27,666 shares of company stock valued at $292,826 over the last 90 days. 47.20% of the stock is currently owned by insiders.
eXp World Company Profile
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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