Anywhere Real Estate Inc. (NYSE: HOUS)’s stock price has increased by 2.55 compared to its previous closing price of 4.71. but the company has seen a -7.47% decline in its stock price over the last five trading sessions.
Is It Worth Investing in Anywhere Real Estate Inc. (NYSE: HOUS) Right Now?
Additionally, the 36-month beta value for HOUS is 2.37. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”
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The average price predicted by analysts for HOUS is $7.30, which is $2.55 above the current price. The public float for HOUS is 106.38M and currently, short sellers hold a 13.60% ratio of that float. The average trading volume of HOUS on March 15, 2023 was 1.74M shares.
HOUS’s Market Performance
The stock of Anywhere Real Estate Inc. (HOUS) has seen a -7.47% decrease in the past week, with a -41.24% drop in the past month, and a -31.00% fall in the past quarter. The volatility ratio for the week is 8.21%, and the volatility levels for the past 30 days are at 6.81% for HOUS. The simple moving average for the last 20 days is -24.58% for HOUS stock, with a simple moving average of -44.33% for the last 200 days.
Analysts’ Opinion of HOUS
Many brokerage firms have already submitted their reports for HOUS stocks, with Keefe Bruyette repeating the rating for HOUS by listing it as a “Mkt Perform.” The predicted price for HOUS in the upcoming period, according to Keefe Bruyette is $7 based on the research report published on February 28th of the current year 2023.
JP Morgan, on the other hand, stated in their research note that they expect to see HOUS reach a price target of $11, previously predicting the price at $17. The rating they have provided for HOUS stocks is “Neutral” according to the report published on December 16th, 2022.
Compass Point gave a rating of “Buy” to HOUS, setting the target price at $13.50 in the report published on September 19th of the previous year.
HOUS Trading at -33.92% from the 50-Day Moving Average
After a stumble in the market that brought HOUS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -72.11% of loss for the given period.
Volatility was left at 6.81%, however, over the last 30 days, the volatility rate increased by 8.21%, as shares sank -42.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.18% lower at present.
During the last 5 trading sessions, HOUS fell by -7.47%, which changed the moving average for the period of 200-days by -59.14% in comparison to the 20-day moving average, which settled at $6.22. In addition, Anywhere Real Estate Inc. saw -24.41% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HOUS starting from Layade Nashira W., who sale 3,500 shares at the price of $12.65 back on Aug 15. After this action, Layade Nashira W. now owns 39,321 shares of Anywhere Real Estate Inc., valued at $44,275 using the latest closing price.
WILLIAMS MICHAEL J, the Director of Anywhere Real Estate Inc., purchase 2,000 shares at $10.88 during a trade that took place back on Aug 05, which means that WILLIAMS MICHAEL J is holding 141,768 shares at $21,760 based on the most recent closing price.
Stock Fundamentals for HOUS
Current profitability levels for the company are sitting at:
- +8.36 for the present operating margin
- +17.00 for the gross margin
The net margin for Anywhere Real Estate Inc. stands at +4.30. Equity return is now at value -13.80, with -4.20 for asset returns.
Conclusion
In conclusion, Anywhere Real Estate Inc. (HOUS) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
