Anywhere Real Estate Inc. (NYSE:HOUS) currently has a daily average trading volume of 1.92M but it saw 1228742 shares traded on Wednesday. With a market cap of 683.76M USD, stock’s current market price of $6.08 came falling about -6.32 while comparing to the previous closing price of $6.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.02 and as low as $4.33. In the recent trading on the day, stock has struck highest price mark of $6.42 while lowest mark touched by it was $6.00.
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Taking a look at 20-day trading activity of Anywhere Real Estate Inc. (HOUS) gives us an average price of $5.86, while its current price level is -53.32% below from 52-week high level whereas it is 40.42% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.60 while that of 200 days or SMA-200 reads an average of $7.38. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.41% during that period while stretching the period over a month that increases to 6.12%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 53.26 which implies that the stock is in neutral territory.
Anywhere Real Estate Inc. (HOUS)’s stock is currently under the radar of 5 analysts who are in consensus at a 12-month price target range of between $4.50 and $12.50 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $4.50 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $12.50. Average price target assigned by them is $7.10 which highlights an upside potential of 14.37% for the stock over that period. And to attain the median price target of $6.00 assigned by those analysts, stock has to subtract about -1.33% of value to its current levels.
Data by FactSet Research shows that 5 analysts have issued their ratings for the stock. 1 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 3 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Hold for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, HOUS’s stock price is moving 0.33% up while it is 4.47% when we observe its performance for the past one month. Year-to-date it is -4.85% down and over the past year, the stock is showing a downside performance of -48.47%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of -$0.97 beaten by the consensus estimate of -$0.79 for the same. The company is expected to be releasing its next quarterly report in 08/04/2023, for which analysts forecasted an EPS of $0.32 while estimate for next year EPS is -$0.41. For HOUS, analysts are forecasting an EPS-growth rate of -246.40% for current year and estimate for EPS growth in next year is 282.90%. In next quarter, company is expected to be making quarterly sales of $1.62 billion as analysts are expecting the sales for current fiscal year at $5.76 billion and seeing the company making $6.34 billion in sales next year. Moreover, analysts are in estimates of $1.67 billion for current-quarter revenue.
Currently, Anywhere Real Estate Inc.’s total number of outstanding shares is 109.80M with 3.96% of that held by the insiders while 114.06% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -3.00% and return on equity (ROE) at -22.90%. It has a 8.11 of forward P/E ratio. Stock’s beta reads 2.33. Stock has a price to book (P/B) ratio of 0.41 while price to sale or P/S ratio amounts to 0.11. Its return on asset (ROA) is -6.70% on average.
A filing at the U.S. Securities and Exchange Commission revealed that iShares Core S&P Small Cap ETF came shrinking its share ownership by -0.16% in the Anywhere Real Estate Inc. (HOUS) decreasing its stake to 7.56% with control over 13294.0 shares in the company. As per SEC documents, iShares Core S&P Small Cap ETF sought 8,280,956 of company’s common stock of worth $52.75 million as per recent closing price of the stock. iShares Core S&P Small Cap ETF is not the only institutional holder which restructured its stake in Anywhere Real Estate Inc., as Longleaf Partners Small Cap Fund picked 6,708,655 shares of worth $42.73 million to bring its holdings to a total of 0.2 million shares. In the most recent quarter, Vanguard Real Estate Index Fund came cutting its stake by -0.51% in the company and now holds 4.8 million or 4.39% of the company’s stake having worth of about 30.59 million.
