Do Investors Have Much Faith In Douglas Elliman Inc (NYSE: DOUG)

Douglas Elliman Inc (NYSE:DOUG) does about 954.72K shares in volume on a normal day but saw 945448 shares change hands in the recent trading day. The company now has a market cap of 172.09M USD. Its current market price is $1.93, marking an increase of 2.66% compared to the previous close of $1.88. The 52 week high reached by this stock is $2.98 whilst the lowest price level in 52 weeks is $1.00.

Douglas Elliman Inc (DOUG) has a 20-day trading average at $1.7150 and the current price is -35.23% off the 52-week high compared with 93.00% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.9232 and its 200-day simple moving average is $1.6539. If we look at the stock’s price movements over the week, volatility stands at 6.18%, which decreases to 6.17% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 61.03 to suggest the stock is neutral.

The consensus objective for the share price is $3.20, suggesting that the stock has a potential upside of 39.69% over the period.

FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.

The current price level is 12.54%, 0.35%, and 16.69% away from its SMA20, SMA50, and SMA200 respectively, with the DOUG price moving above the 50-day SMA on current market day. Douglas Elliman Inc (DOUG) stock is up 16.27% over the week and 18.40% over the past month. Its price is 15.57% year-to-date and -10.65% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

To reach the target analysts have set, the stock logically needs to grow 39.69 percent from here.

Outstanding shares total 91.83M with insiders holding 18.12% of the shares and institutional holders owning 46.00% of the company’s common stock. The company has a return on investment of -27.69% and return on equity of -40.53%. The beta has a value of 1.60. Price to book ratio is 1.02 and price to sales ratio is 0.18.