Exp World Holdings, Inc. (NASDAQ:AGNT) Given Average Rating of “Hold” by Brokerages

Shares of Exp World Holdings, Inc. (NASDAQ:AGNT) have been assigned a consensus rating of “Hold” from the five analysts that are currently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $6.4167.

A number of equities analysts have issued reports on AGNT shares. DA Davidson reissued a “neutral” rating and issued a $6.50 target price (down from $10.25) on shares of Exp World in a report on Thursday, July 2nd. Wall Street Zen raised Exp World to a “hold” rating in a report on Sunday, May 10th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Exp World in a report on Wednesday, May 27th.

Institutional Investors Weigh In On Exp World

Hedge funds have recently added to or reduced their stakes in the stock. Root Financial Partners LLC bought a new position in shares of Exp World during the fourth quarter worth about $25,000. PNC Financial Services Group Inc. increased its holdings in shares of Exp World by 139.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,429 shares of the technology company’s stock worth $31,000 after acquiring an additional 1,998 shares during the period. Kemnay Advisory Services Inc. bought a new stake in Exp World in the 4th quarter valued at about $37,000. Geneos Wealth Management Inc. lifted its position in Exp World by 41.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 6,365 shares of the technology company’s stock valued at $62,000 after purchasing an additional 1,856 shares during the last quarter. Finally, CWM LLC boosted its stake in Exp World by 632.6% during the 4th quarter. CWM LLC now owns 9,070 shares of the technology company’s stock valued at $82,000 after purchasing an additional 7,832 shares during the period. 27.17% of the stock is currently owned by institutional investors.

Exp World Price Performance

Exp World stock opened at $3.90 on Friday. Exp World has a 12 month low of $3.68 and a 12 month high of $12.23. The company has a fifty day moving average price of $4.74 and a two-hundred day moving average price of $6.18. The company has a market cap of $640.86 million, a PE ratio of -39.00 and a beta of 2.06.

Exp World (NASDAQ:AGNT) last issued its earnings results on Monday, May 11th. The technology company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.02. Exp World had a negative net margin of 0.35% and a negative return on equity of 7.05%. The company had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $971.32 million. Equities research analysts anticipate that Exp World will post 0.08 earnings per share for the current year.

Exp World Company Profile

eXp World Holdings, Inc (NASDAQ: EXPI) is a cloud-based real estate company that operates a global brokerage model through its eXp Realty subsidiary. Founded in 2009 by industry veteran Glenn Sanford and headquartered in Bellingham, Washington, the company leverages a virtual business environment to connect and support real estate professionals. eXp Realty’s technology-driven platform enables licensed agents to list, show and manage residential property transactions without the overhead of traditional brick-and-mortar offices.

At the core of eXp World’s offering is its proprietary virtual campus, which provides real-time training, collaboration and networking via an immersive online environment.