Exp World Holdings, Inc. (AGNT) – What Are Analysts Thinking About This Stock?

Shares of Exp World Holdings, Inc. (NASDAQ:AGNT) have been given an average recommendation of “Hold” by the six research firms that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $5.38.

Several brokerages have recently weighed in on AGNT. Weiss Ratings cut Exp World from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, September 25th. DA Davidson dropped their price objective on shares of Exp World from $6.50 to $4.75 and set a “neutral” rating for the company in a report on Wednesday, August 5th. Wall Street Zen lowered shares of Exp World from a “buy” rating to a “hold” rating in a research report on Saturday, October 17th. Citizens Jmp started coverage on Exp World in a research note on Wednesday, October 14th. They issued a “market outperform” rating and a $6.00 target price on the stock. Finally, Benchmark lowered their price target on Exp World from $8.00 to $6.00 and set a “buy” rating on the stock in a research report on Wednesday, August 5th.

Insider Activity

In other news, major shareholder Gratitude 2022 Trust U/A/D 8/2 sold 8,693,290 shares of the stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $3.68, for a total transaction of $31,991,307.20. Following the transaction, the insider directly owned 18,037,824 shares in the company, valued at approximately $66,379,192.32. This represents a 32.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 26.59% of the company’s stock.

Institutional Trading of Exp World

Hedge funds and other institutional investors have recently bought and sold shares of the company. Philadelphia Investment Partners LLC purchased a new stake in shares of Exp World in the 2nd quarter valued at $46,000. Commonwealth Financial Services LLC bought a new position in Exp World in the first quarter worth about $111,000. Fifth Third Bancorp lifted its stake in shares of Exp World by 2,697.1% in the 1st quarter. Fifth Third Bancorp now owns 21,454 shares of the technology company’s stock valued at $129,000 after purchasing an additional 20,687 shares during the period. Cim Investment Management Inc. purchased a new position in Exp World during the second quarter valued at $136,000. Finally, Louisiana State Employees Retirement System bought a new stake in Exp World during the first quarter worth about $241,000. Hedge funds and other institutional investors own 27.17% of the company’s stock.

Exp World Price Performance

NASDAQ:AGNT opened at $3.10 on Friday. Exp World has a 1 year low of $3.08 and a 1 year high of $12.23. The business has a fifty day simple moving average of $3.86 and a two-hundred day simple moving average of $5.32. The company has a market capitalization of $509.40 million, a P/E ratio of -19.38 and a beta of 1.94.

Exp World (NASDAQ:AGNT) last released its quarterly earnings data on Thursday, November 5th. The technology company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.10). The business had revenue of $1.39 billion for the quarter. Exp World had a negative net margin of 0.49% and a negative return on equity of 8.28%. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. As a group, analysts anticipate that Exp World will post 0.15 earnings per share for the current year.

About Exp World

eXp World Holdings, Inc, together with its subsidiaries, provides cloud-based real estate brokerage services for residential homeowners and homebuyers. The company operates through North American Realty, International Realty, Virbela, and Other Affiliated Services segments. It provides Virbela, a cloud-based technologies that provides data, lead generation, and marketing tools for real estate agents and employees. In addition, the company offers SUCCESS print magazine, SUCCESS.com portal, SUCCESS newsletters, SUCCESS podcasts, SUCCESS plus, SUCCESS speakers bureau, and SUCCESS coaching, podcasts, and digital training courses.