With 1.02 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.72 million shares. During the session, the Real Estate Services company that operates in wider Real Estate sector, reached to the highest price of $5.0 whereas the lowest price it dropped to was $4.72. The 52-week range on REAX shows that it touched its highest point at $6.75 and its lowest point at $1.28 during that stretch. It currently has a 1-year price target of $7.50. Beta for the stock currently stands at 1.49.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of REAX was down-trending over the past week, with a drop of -18.79%, but this was down by -5.84% over a month. Three-month performance dropped to -21.81% while six-month performance fell -4.16%. The stock gained 250.72% in the past year, while it has gained 202.50% so far this year. A look at the trailing 12-month EPS for REAX yields -0.17 with Next year EPS estimates of -0.08. For the next quarter, that number is -0.05. This implies an EPS growth rate of 0.00% for this year and 46.67% for next year.
Float and Shares Shorts:
At present, 183.60 million REAX shares are outstanding with a float of 98.12 million shares on hand for trading. On 2024-10-31, short shares totaled 3.16 million, which was 160.0 higher than short shares on 1727654400. In addition to Mr. Tamir Poleg as the firm’s Co-Founder, Chairman & CEO, Mr. Sharran Srivatsaa serves as its President.
Institutional Ownership:
Through their ownership of 0.44587 of REAX’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, REAX reported revenue of $372488000.0 and operating income of -$2478000.0. The EBITDA in the recently reported quarter was -$1987000.0 and diluted EPS was -$0.01.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With REAX analysts setting a high price target of 8.0 and a low target of 7.0, the average target price over the next 12 months is 7.5. Based on these targets, REAX could surge 65.29% to reach the target high and rise by 44.63% to reach the target low. Reaching the average price target will result in a growth of 54.96% from current levels.
Analysts have provided yearly estimates in a range of -$0.14 being high and -$0.14242 being low. For REAX, this leads to a yearly average estimate of -$0.14121. The surprise factor in the prior quarter was -$0.02. Based on analyst estimates, the high estimate for the next quarter is -$0.02 and the low estimate is -$0.02. The average estimate for the next quarter is thus -$0.02.
