Marcus And Millichap is part of the real estate services industry and 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 1.74% which opened at 30.18 and closed at 30.46. It moved to an intraday high of 30.58 and a low of 30.09.

Business Wire:  $63.05 Million Inland Empire Multifamily Sale Brokered by Marcus & Millichap’s IPA Division

Historical Performance:

Over the last five trading days, MMI shares returned -3.42% and in the past 30 trading days it returned -29.20%. Over three months, it changed -21.64%. In one year it has changed -18.84% and within that year its 52 week high was 43.50 and its 52 week low was 29.71. MMI stock is 2.52% above its 52 week low.

Our calculations result in a 200 day moving average of 36.75 and a 50 day moving average of 38.71. Right now, MMI stock is trading -17.11% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

Business Wire:  $63.05 Million Inland Empire Multifamily Sale Brokered by Marcus & Millichap’s IPA Division

Liquidity:

The company has a market cap of $1.2b with 39.0m shares outstanding and a float of 38.3m shares. Trading volume was 182,928 shares and has experienced an average volume of 239,824 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.

Earnings:

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 13.72. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.49. The trailing twelve month EPS reported is 2.21 (trailing twelve month diluted EPS is 2.15).

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 05-07-2019: 0.40
4thQtr 2018Reported 02-20-2019: 0.66
3rdQtr 2018Reported 11-07-2018: 0.53
2ndQtr 2018Reported 08-07-2018: 0.56
1stQtr 2018Reported 05-08-2018: 0.46

Base on our calculations, the intrinsic value per share is 31.78, which means it might be undervalued and has a margin of safety of 4.16%.

The long-term trend of the EPS is a vital number as it helps understand the future potential of Marcus And Millichap; it is usually expressed as a percentage and is then referred to as the EPS growth rate, 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 1.80% of insider ownership. Short-interest was 795,562, which was 2.04% of shares outstanding. The short-interest ratio or days-to-cover ratio was 3.47. This stock has some short interest, but it might be normal and no need to worry if long the position.

The beta was calculated to be 1.40.

SeekingAlpha:  Standing At The Edge Of The Abyss

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is 16.38%, profit margin is 10.72%, price-to-sales is 1.48 and price-to-book is 2.74.

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

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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