eXp World Holdings Inc (EXPI) Cut to Hold at Zacks Investment Research
eXp World Holdings Inc (NASDAQ:EXPI) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Tuesday.
According to Zacks, “eXp World Holdings, Inc. provides cloud-based real estate brokerage services primarily 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. eXp World Holdings, Inc., formerly known as eXp Realty International Corporation, is based in Bellingham, Washington. “
A number of other analysts have also recently weighed in on the company. Fundamental Research reaffirmed a “top pick” rating and issued a $7.43 price target on shares of eXp World Holdings in a research report on Wednesday, August 23rd. ValuEngine cut eXp World Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, September 13th. Finally, William Blair started coverage on eXp World Holdings in a report on Friday, July 21st. They issued an “outperform” rating for the company.
eXp World Holdings (NASDAQ EXPI) traded up 0.51% during mid-day trading on Tuesday, hitting $3.98. The company had a trading volume of 10,556 shares. The company’s 50 day moving average price is $0.71 and its 200-day moving average price is $0.83. The company’s market cap is $211.61 million. eXp World Holdings has a one year low of $2.52 and a one year high of $5.50.
eXp World Holdings (NASDAQ:EXPI) last issued its earnings results on Monday, August 14th. The technology company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.10. eXp World Holdings had a return on equity of 392.26% and a net margin of 8.16%. The firm had revenue of $39.57 million for the quarter, compared to the consensus estimate of $33.79 million. Equities research analysts anticipate that eXp World Holdings will post ($0.03) EPS for the current fiscal year.
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eXp World Holdings Company Profile
eXp World Holdings, Inc, formerly eXp Realty International Corporation, is a cloud-based real estate company. The Company’s segments include Real Estate Brokerage Services, Mortgage Origination Services, and Corporate and Other. It operates over the Internet through its Website, http://exprealty.com and a cloud-based platform to provide its residential real estate brokerage services.
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