Anywhere Real Estate Inc (NYSE:HOUS) shares, rose in value, with the stock price down by -2.04% to the previous day’s close as strong demand from buyers drove the stock to $5.76.
Actively observing the price movement in the last trading, the stock closed the session at $5.88. Referring to stock’s 52-week performance, its high was $9.43, and the low was $4.09. On the whole, HOUS has fluctuated by 1.41% over the past month.
As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be -$0.67, which is expected to increase to $0.54 for fiscal year $0.31 and then to about $0.86 by fiscal year 2025. Data indicates that the EPS growth is expected to be 127.70% in 2025, while the next year’s EPS growth is forecast to be 177.40%.
Analysts have estimated the company’s revenue for the quarter at $1.16 billion, with a low estimate of $1.14 billion and a high estimate of $1.18 billion. According to the average forecast, sales growth in current quarter could jump up 2.40%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $5.97 billion, representing an increase of 6.00% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that HOUS’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium term indicators have put the stock in the category of 50% Sell while long term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of HOUS currently trading nearly 0.64% and -9.62% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.52, while the 7-day volatility ratio is showing 5.14% which for the 30-day chart, stands at 6.61%. Furthermore, Anywhere Real Estate Inc (HOUS)’s beta value is 2.46, and its average true range (ATR) is 0.38.
A comparison of Anywhere Real Estate Inc (HOUS) with its peers suggests the former has fared considerably weaker in the market. HOUS showed an intraday change of -2.04% in last session, and over the past year, it grew by 10.98%%.
Data on historical trading for Anywhere Real Estate Inc (NYSE:HOUS) indicates that the trading volumes over the past 10 days have averaged 1.03 million and over the past 3 months, they’ve averaged 1.07 million. According to company’s latest data on outstanding shares, there are 110.49 million shares outstanding.
Nearly 5.28% of Anywhere Real Estate Inc’s shares belong to company insiders and institutional investors own 99.83% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.04 million shares as on Mar 15, 2024, resulting in a short ratio of 5.39. According to the data, the short interest in Anywhere Real Estate Inc (HOUS) stood at 7.24% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 6.26 million. The stock has fallen by -28.98% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HOUS stock heading into the next quarter.
