With 1.58 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.88 million shares. The 52-week range on CBRE shows that it touched its highest point at $147.75 and its lowest point at $84.24 during that stretch. It currently has a 1-year price target of $158.30. Beta for the stock currently stands at 1.42.
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 CBRE was down-trending over the past week, with a drop of -1.33%, but this was down by -1.98% over a month. Three-month performance surged to 3.21% while six-month performance rose 19.76%. The stock gained 55.40% in the past year, while it has gained 6.47% so far this year. A look at the trailing 12-month EPS for CBRE yields 3.15 with Next year EPS estimates of 7.21. For the next quarter, that number is 0.82. This implies an EPS growth rate of 18.64% for this year and 19.12% for next year. EPS is expected to grow by 16.14% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -3.55%.
Float and Shares Shorts:
At present, 302.05 million CBRE shares are outstanding with a float of 298.02 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CBRE since 3 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $5.04709 being high and $4.91639 being low. For CBRE, this leads to a yearly average estimate of $5.01693. Based on analyst estimates, the high estimate for the next quarter is $1.32 and the low estimate is $0.99. The average estimate for the next quarter is thus $1.17.
