The price-to-earnings ratio for CBRE Group Inc (NYSE: CBRE) is 40.51x, which is above its average ratio. Moreover, the 36-month beta value for CBRE is 1.41. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 4 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for CBRE is 304.36M and currently, short sellers hold a 1.56% of that float. On October 09, 2024, CBRE’s average trading volume was 1.60M shares.
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CBRE) stock’s latest price update
The stock of CBRE Group Inc (NYSE: CBRE) has increased by 1.52 when compared to last closing price of 119.22. Despite this, the company has experienced a -2.20% fall in its stock price over the last five trading sessions. zacks.com reported 2024-10-07 that Tanger (SKT), CBRE and NexPoint (NREF) are three real estate stocks to look into as mortgage rates fall on Fed rate cuts.
CBRE’s Market Performance
CBRE’s stock has fallen by -2.20% in the past week, with a monthly rise of 5.01% and a quarterly rise of 34.55%. The volatility ratio for the week is 2.11% while the volatility levels for the last 30 days are 1.99% for CBRE Group Inc The simple moving average for the last 20 days is -0.24% for CBRE stock, with a simple moving average of 25.20% for the last 200 days.
Analysts’ Opinion of CBRE
Many brokerage firms have already submitted their reports for CBRE stocks, with Evercore ISI repeating the rating for CBRE by listing it as a “Outperform.” The predicted price for CBRE in the upcoming period, according to Evercore ISI is $123 based on the research report published on July 26, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see CBRE reach a price target of $105. The rating they have provided for CBRE stocks is “Equal-Weight” according to the report published on July 25th, 2024.
Jefferies gave a rating of “Hold” to CBRE, setting the target price at $107 in the report published on April 10th of the current year.
CBRE Trading at 4.39% 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 -3.51% of loss for the given period.
Volatility was left at 1.99%, however, over the last 30 days, the volatility rate increased by 2.11%, as shares surge +3.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.49% upper at present.
During the last 5 trading sessions, CBRE fell by -2.20%, which changed the moving average for the period of 200-days by +34.87% in comparison to the 20-day moving average, which settled at $121.32. In addition, CBRE Group Inc saw 30.01% 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 Queenan Daniel G, who sale 10,000 shares at the price of $114.67 back on Sep 03 ’24. After this action, Queenan Daniel G now owns 217,094 shares of CBRE Group Inc, valued at $1,146,700 using the latest closing price.
Queenan Daniel G, the Officer of CBRE Group Inc, proposed sale 10,000 shares at $114.67 during a trade that took place back on Sep 03 ’24, which means that Queenan Daniel G is holding shares at $1,146,700 based on the most recent closing price.
Stock Fundamentals for CBRE
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.18 for the gross margin
The net margin for CBRE Group Inc stands at 0.03. The total capital return value is set at 0.08. Equity return is now at value 11.23, with 4.09 for asset returns.
Based on CBRE Group Inc (CBRE), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 0.66. The interest coverage ratio of the stock is 6.8.
Currently, EBITDA for the company is 1.76 billion with net debt to EBITDA at 3.05. When we switch over and look at the enterprise to sales, we see a ratio of 1.29. The receivables turnover for the company is 4.39for trailing twelve months and the total asset turnover is 1.41.
Conclusion
To wrap up, the performance of CBRE Group Inc (CBRE) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
