Douglas Elliman Inc (NYSE:DOUG) price closed lower on Monday, April 15, dropping -3.55% below its previous close.
A look at the daily price movement shows that the last close reads $1.41. Taking into account the 52-week price action we note that the stock hit a 52-week high of $3.24 and 52-week low of $1.38. The stock subtracted -30.96% on its value in the past month.
Douglas Elliman Inc, which has a market valuation of $124.49 million. Analysts tracking DOUG have forecast the quarterly EPS to shrink by -0.06 per share this quarter, while the same analysts predict the annual EPS to hit -$0.03 for the year 2024 and up to $0 for 2025. In this case, analysts estimate an annual EPS growth of 94.20% for the year and — for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $243.15 million, with the likely lows of $221 million and highs of $265.29 million. The average estimate suggests sales growth for the quarter will likely rise by 13.60% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $1.11 billion for the company’s annual revenue in 2024. Per this projection, the revenue is forecast to grow 16.20% above that which the company brought in 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with — upward and — downward reviews. On the technical perspective front, indicators give DOUG a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that DOUG’s price is at present -13.35% off the SMA20 and -23.20% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 34.65, with weekly volatility standing at 6.90%. The indicator jumps to 8.13% when calculated based on the past 30 days. Douglas Elliman Inc (NYSE:DOUG)’s beta value is holding at 1.44, while the average true range (ATR) indicator is currently reading 0.12.
An analysis of the Douglas Elliman Inc (NYSE:DOUG) stock in terms of its daily trading volume indicates that the 3-month average is 880.11K.
Current records show that the company has 87.93M in outstanding shares. The insiders’ percentage holdings are 21.89% of outstanding shares while the percentage share held by institutions stands at 52.60%. But the -53.90% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
