CBRE Group Inc. (NYSE: CBRE) has a higher price-to-earnings ratio of 29.68x compared to its average ratio. compared to its average ratio and a 36-month beta value of 1.37. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 1 as “sell.”
The average price point forecasted by analysts for CBRE Group Inc. (CBRE) is $93.43, which is $15.79 above the current market price. The public float for CBRE is 308.14M, and currently, short sellers hold a 2.39% ratio of that float. The average trading volume of CBRE on September 20, 2023 was 1.67M shares.
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CBRE) stock’s latest price update
CBRE Group Inc. (NYSE: CBRE)’s stock price has dropped by -0.70 in relation to previous closing price of 78.93. Nevertheless, the company has seen a loss of -7.53% in its stock price over the last five trading days. The Motley Fool reported 2023-09-19 that Volatile interest rates have brought transaction activity in commercial real estate to a halt. CBRE Group, the largest commercial real estate specialist in the world, previously foresaw a rebound in activity in the second half of this year.
CBRE’s Market Performance
CBRE Group Inc. (CBRE) has experienced a -7.53% fall in stock performance for the past week, with a -4.75% drop in the past month, and a 1.87% rise in the past quarter. The volatility ratio for the week is 3.91%, and the volatility levels for the past 30 days are at 2.35% for CBRE. The simple moving average for the last 20 days is -5.91% for CBRE’s stock, with a simple moving average of -1.72% for the last 200 days.
Analysts’ Opinion of CBRE
Many brokerage firms have already submitted their reports for CBRE stocks, with Citigroup repeating the rating for CBRE by listing it as a “Buy.” The predicted price for CBRE in the upcoming period, according to Citigroup is $100 based on the research report published on January 27, 2023 of the current year 2023.
CBRE Trading at -7.14% from the 50-Day Moving Average
After a stumble in the market that brought CBRE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.50% of loss for the given period.
Volatility was left at 2.35%, however, over the last 30 days, the volatility rate increased by 3.91%, as shares sank -3.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.95% lower at present.
During the last 5 trading sessions, CBRE fell by -7.53%, which changed the moving average for the period of 200-days by -1.53% in comparison to the 20-day moving average, which settled at $83.15. In addition, CBRE Group Inc. saw 1.85% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CBRE starting from Boze Brandon B, who sale 1,200,000 shares at the price of $84.41 back on Aug 29. After this action, Boze Brandon B now owns 4,637,748 shares of CBRE Group Inc., valued at $101,292,000 using the latest closing price.
Dhandapani Chandra, the CEO, GWS of CBRE Group Inc., sale 6,551 shares at $84.10 during a trade that took place back on Aug 11, which means that Dhandapani Chandra is holding 126,644 shares at $550,950 based on the most recent closing price.
Stock Fundamentals for CBRE
Current profitability levels for the company are sitting at:
- +4.43 for the present operating margin
- +19.38 for the gross margin
The net margin for CBRE Group Inc. stands at +4.57. The total capital return value is set at 10.57, while invested capital returns managed to touch 13.19. Equity return is now at value 10.70, with 4.10 for asset returns.
Based on CBRE Group Inc. (CBRE), the company’s capital structure generated 45.63 points at debt to equity in total, while total debt to capital is 31.33. Total debt to assets is 17.47, with long-term debt to equity ratio resting at 28.32. Finally, the long-term debt to capital ratio is 19.45.
When we switch over and look at the enterprise to sales, we see a ratio of 0.86, with the company’s debt to enterprise value settled at 0.13. The receivables turnover for the company is 4.71 and the total asset turnover is 1.45.
Conclusion
To put it simply, CBRE Group Inc. (CBRE) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others 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.
