Fathom (NASDAQ:FTHM) Research Coverage Started at Roth Capital

Roth Capital assumed coverage on shares of Fathom (NASDAQ:FTHM) in a research report sent to investors on Monday morning. The brokerage issued a buy rating and a $2.50 target price on the stock.

Other equities research analysts have also recently issued reports about the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Fathom in a research report on Wednesday, October 8th. Wall Street Zen raised Fathom to a “hold” rating in a research report on Saturday, September 13th. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $2.50.

Fathom Trading Down 2.9%

NASDAQ FTHM opened at $1.01 on Monday. Fathom has a one year low of $0.65 and a one year high of $3.37. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.41 and a quick ratio of 1.41. The firm has a market cap of $32.71 million, a P/E ratio of -1.25 and a beta of 1.88. The stock’s 50-day moving average is $1.23 and its 200-day moving average is $1.47.

Fathom (NASDAQ:FTHM) last issued its quarterly earnings data on Wednesday, November 12th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.05). The business had revenue of ($0.11) million during the quarter, compared to analyst estimates of $102.12 million. Fathom had a negative net margin of 4.70% and a negative return on equity of 45.99%. Sell-side analysts anticipate that Fathom will post -1.03 earnings per share for the current fiscal year.

Institutional Trading of Fathom

A number of hedge funds have recently made changes to their positions in the business. Virtu Financial LLC bought a new position in shares of Fathom during the 3rd quarter worth approximately $61,000. Union Square Park Capital Management LLC acquired a new stake in Fathom during the 3rd quarter valued at $810,000. Aristides Capital LLC acquired a new position in shares of Fathom in the third quarter valued at $360,000. Finally, Vanguard Group Inc. raised its position in shares of Fathom by 73.2% in the third quarter. Vanguard Group Inc. now owns 784,003 shares of the company’s stock valued at $1,411,000 after purchasing an additional 331,316 shares during the period. 55.49% of the stock is owned by institutional investors and hedge funds.

Fathom Company Profile

Fathom Holdings Inc provides a real estate services platform that integrates residential brokerage, mortgage, title, and insurance services in the United States. It operates through three segments: Real Estate Brokerage, Mortgage, and Technology. The Real Estate Brokerage segment provides real estate brokerage services. The Mortgage segment offers residential loan origination and underwriting services. The Technology segment provides Software as a Service solutions and data mining for third party customers.