Douglas Elliman Inc (NYSE: DOUG)’s stock price has decreased by -2.29 compared to its previous closing price of 1.31. However, the company has seen a -12.93% decrease in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-02-29 that Douglas Elliman Inc. (DOUG) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.23 per share a year ago.
Is It Worth Investing in Douglas Elliman Inc (NYSE: DOUG) Right Now?
Company’s 36-month beta value is 1.47.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DOUG is 71.50M, and currently, short sellers hold a 1.04% ratio of that floaft. The average trading volume of DOUG on April 18, 2024 was 893.14K shares.
DOUG’s Market Performance
DOUG stock saw a decrease of -12.93% in the past week, with a monthly decline of -21.95% and a quarterly a decrease of -40.74%. The volatility ratio for the week is 7.01%, and the volatility levels for the last 30 days are 6.81% for Douglas Elliman Inc (DOUG). The simple moving average for the past 20 days is -16.67% for DOUG’s stock, with a -39.27% simple moving average for the past 200 days.
Analysts’ Opinion of DOUG
Jefferies, on the other hand, stated in their research note that they expect to see DOUG reach a price target of $8.50. The rating they have provided for DOUG stocks is “Buy” according to the report published on February 24th, 2022.
DOUG Trading at -26.36% from the 50-Day Moving Average
After a stumble in the market that brought DOUG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -60.53% of loss for the given period.
Volatility was left at 6.81%, however, over the last 30 days, the volatility rate increased by 7.01%, as shares sank -22.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -39.62% lower at present.
During the last 5 trading sessions, DOUG fell by -12.93%, which changed the moving average for the period of 200-days by -42.34% in comparison to the 20-day moving average, which settled at $1.5175. In addition, Douglas Elliman Inc saw -56.61% 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 DOUG starting from LAMPEN RICHARD, who purchase 10,000 shares at the price of $1.69 back on Nov 21 ’23. After this action, LAMPEN RICHARD now owns 1,621,097 shares of Douglas Elliman Inc, valued at $16,946 using the latest closing price.
LAMPEN RICHARD, the Executive Vice President & COO of Douglas Elliman Inc, purchase 10,000 shares at $1.74 during a trade that took place back on Nov 16 ’23, which means that LAMPEN RICHARD is holding 1,611,097 shares at $17,433 based on the most recent closing price.
Stock Fundamentals for DOUG
Current profitability levels for the company are sitting at:
- -0.06 for the present operating margin
- 0.24 for the gross margin
The net margin for Douglas Elliman Inc stands at -0.04. The total capital return value is set at -0.14. Equity return is now at value -17.07, with -8.04 for asset returns.
Based on Douglas Elliman Inc (DOUG), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at -0.17. The debt to equity ratio resting at 0.57. The interest coverage ratio of the stock is -28.4.
Currently, EBITDA for the company is -53.46 million with net debt to EBITDA at -0.12. When we switch over and look at the enterprise to sales, we see a ratio of 0.13. The receivables turnover for the company is 12.77for trailing twelve months and the total asset turnover is 1.88.
Conclusion
In a nutshell, Douglas Elliman Inc (DOUG) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
