Marcus And Millichap is in the real estate services industry and is part of the real estate sector. The company CEO is Hessam Nadji. Marcus and Millichap, is a national brokerage firm engaged in commercial real estate investment sales, financing, research and advisory services.
Previous Intraday Performance:
The MMI shares had a previous change of -1.62% which opened at 34.61 and closed at 34.09. It moved to an intraday high of 34.93 and a low of 33.90.
Over the last five trading days, MMI shares returned -6.88% and in the past 30 trading days it returned -17.72%. Over three months, it changed -13.59%. In one year it has changed -9.00% and within that year its 52-week high was 43.50 and its 52-week low was 30.66. MMI stock is 11.19% above its 52 Week Low.
Our calculations result in a 200 day moving average of 37.26 and a 50 day moving average of 40.49. Right now, MMI stock is trading -8.50% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.
The company has a market cap of $1.3b with 39.0m shares outstanding and a float of 38.4m shares. Trading volume was 318,614 shares and has experienced an average volume of 220,044 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.
The last annual reported EPS for Marcus And Millichap was 2.22 which ended on 31st of December 2018, which according to the previous close, that is a PE of 15.36. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.49. The trailing twelve month EPS is 2.21, which comes to a trailing twelve month PE of 15.43. Historically, the PE high was 69.40 and the PE low was 11.10. If the stock reached its PE low, that would represent a price of 24.52, which is a decrease of -28.06%.
Base on our calculations, the intrinsic value per share is 31.50, which means it might overvalued by -8.24%
The next earnings report will be: 06-05-2019
EPS growth is an important number as it indicates the future prospects of Marcus And Millichap; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been 7.20% over the last twelve months.
Indicators Also to Watch:
Based on the latest filings, there is 84.30% of institutional ownership. Short-interest was 1,185,692, which was 3.04% of shares outstanding. The short-interest ratio or days-to-cover ratio was 5.96. This stock has some short interest, but it might be normal and no need to worry if long the position.
I calculated the beta to be 1.33
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Based on last reported financials, the company’s return on equity is 23.26%, return on assets is 17.01%, profit margin is 10.81%, price-to-sales is 1.71 and price-to-book is 3.18.
Company Score Card:
Results are out of six:
0 : Growth Expectations Result
5 : Financial Safety Result
4 : Past Performance Result
2 : Valuation Result
0 : Dividend Safety Result
2 : Overall Result