Exp World Holdings, Inc. (NASDAQ:AGNT) Given Average Rating of “Hold” by Brokerages

Exp World Holdings, Inc. (NASDAQ:AGNT) has earned a consensus rating of “Hold” from the five brokerages that are currently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $6.4167.

Several research firms have issued reports on AGNT. Wall Street Zen upgraded Exp World to a “hold” rating in a research note on Sunday, May 10th. Weiss Ratings reissued a “sell (d)” rating on shares of Exp World in a research report on Wednesday, May 27th. Finally, DA Davidson restated a “neutral” rating and issued a $6.50 price target (down from $10.25) on shares of Exp World in a report on Thursday, July 2nd.

Institutional Investors Weigh In On Exp World

Several institutional investors have recently bought and sold shares of the company. Root Financial Partners LLC purchased a new position in Exp World in the fourth quarter worth $25,000. PNC Financial Services Group Inc. lifted its holdings in shares of Exp World by 139.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,429 shares of the technology company’s stock valued at $31,000 after purchasing an additional 1,998 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new stake in shares of Exp World in the 4th quarter worth $37,000. Geneos Wealth Management Inc. boosted its position in shares of Exp World by 41.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 6,365 shares of the technology company’s stock worth $62,000 after purchasing an additional 1,856 shares in the last quarter. Finally, CWM LLC grew its stake in Exp World by 632.6% during the 4th quarter. CWM LLC now owns 9,070 shares of the technology company’s stock worth $82,000 after buying an additional 7,832 shares during the last quarter. 27.17% of the stock is currently owned by institutional investors and hedge funds.

Exp World Trading Down 4.3%

Shares of NASDAQ AGNT opened at $4.02 on Friday. Exp World has a 12-month low of $3.85 and a 12-month high of $12.23. The stock’s fifty day simple moving average is $4.78 and its two-hundred day simple moving average is $6.26. The stock has a market capitalization of $660.57 million, a PE ratio of -40.20 and a beta of 2.06.

Exp World (NASDAQ:AGNT) last released its quarterly earnings results on Monday, May 11th. The technology company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.02. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $971.32 million. Exp World had a negative return on equity of 7.05% and a negative net margin of 0.35%. On average, equities analysts predict that Exp World will post 0.08 earnings per share for the current fiscal year.

About Exp World

eXp World Holdings, Inc (NASDAQ: EXPI) is a cloud-based real estate company that operates a global brokerage model through its eXp Realty subsidiary. Founded in 2009 by industry veteran Glenn Sanford and headquartered in Bellingham, Washington, the company leverages a virtual business environment to connect and support real estate professionals. eXp Realty’s technology-driven platform enables licensed agents to list, show and manage residential property transactions without the overhead of traditional brick-and-mortar offices.

At the core of eXp World’s offering is its proprietary virtual campus, which provides real-time training, collaboration and networking via an immersive online environment.