CBRE stock: buy or sell?
January 17th, 2020
Should I buy CBRE stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with CBRE stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is CBRE stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 3 ratings published for CBRE stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
CBRE stock analysis
CBRE ended yesterday at $61.03 and stepped up a tiny 0.38%.
CBRE shares stepped up 0.38% to $61.03 yesterday. Since October when CBRE stock price broke up the SMA100d line, it gained $9.32 (18.02%). On January/2, CBRE hit new all time highs, pushing higher previous ATH of $61.54 recorded on December 31st. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
CBRE inched a slightly good 1.31% this week.
Not so far away is the last all-time high CBRE marked late December 2019. Early April, SMA20w and SMA40w crossed up triggering a rise of 23.42%. Since late January 2019 when CBRE stock price broke up the SMA40w line, it gained $16.38 (36.69%).
CBRE stock price history
CBRE IPO was on June 10th, 2004 at $6.33 per share1. Since then, CBRE stock grew a 864.10%, with a yearly average of 57.60%. If you had invested right after CBRE's IPO a $1,000 in CBRE stock in 2004, it would worth $8,641.00 today.
1: Adjusted price after possible price splits or reverse-splits.
CBRE stock historical price chart
CBRE stock reached all-time highs on January/2 with a price of $61.90.
CBRE stock price target is $62.00How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We detected 2 price predictions for CBRE stock posted in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-2||Raymond James||Raises Target||$65.00||$67.00||3.1%|
|2019-8-12||UBS Group||Raises Target||$56.00||$57.00||1.8%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, CBRE presented its financial report, posting a beatiful growth for the Earnings per Share (EPS). Analyst expected $1.13 per share, but CBRE posted $1.21.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, CBRE annual sales rocketed an extraordinary 14.55% to $21,340.10 M USD from $18,628.80 marked in 2017. Nonetheless, its profit margin (compared to sales) appreciated to 4.98%, that is $1,063.22 million.
|2013||$7,180 M||-||$290 M4.0%||-|
|2014||$9,050 M||26.04%||$485 M5.4%||67.34%|
|2015||$10,856 M||19.95%||$547 M5.0%||12.93%|
|2016||$13,072 M||20.41%||$572 M4.4%||4.54%|
|2017||$18,629 M||42.51%||$697 M3.7%||21.88%|
|2018||$21,340 M||14.55%||$1,063 M5.0%||52.52%|
Quarterly financial resultsCBRE posted $6,293.75 million in revenues for 2018-Q4, a 19.63% up compared to previous quarter. Reported quarter earnings marked $393.80 million with a profit margin of 6.26%. Profit margin stayed steady a 0.74% compared to previous quarter when profit margin was 5.52%. When comparing sales to same quarter last year, CBRE sales marked an outstanding gain and skyrocketed a 482.50%. Looking back to recent quarterly results, CBRE posted 4 positive quarters in a row.
|2017-Q1||$2,980 M||-||$130 M4.3%||-|
|2017-Q2||$3,340 M||12.08%||$197 M5.9%||52.14%|
|2017-Q3||$3,550 M||6.29%||$196 M5.5%||-0.43%|
|2017-Q4||$1,080 M||-69.56%||$154 M14.2%||-21.76%|
|2018-Q1||$4,674 M||332.58%||$150 M3.2%||-2.15%|
|2018-Q2||$5,111 M||9.36%||$229 M4.5%||52.15%|
|2018-Q3||$5,261 M||2.93%||$290 M5.5%||27.03%|
|2018-Q4||$6,294 M||19.63%||$394 M6.3%||35.57%|
CBRE ownershipWhen you are planning to buy a company, it's always worth to review its ownership structure.
CBRE shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.69% of all shares.
Bearish positions for CBRE stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related companies:
|Market cap||$20.4 B|
|Total shares||334.8 M|
|Float shares||324.6 M|
|- Institutional holdings (%)||96.1%|
|- Insider holdings (%)||0.7%|
|Shares in short selling||0.0%|
|Friday, January 17th, 2020|
|Day range||$60.77 - $61.44|
|Average true range||$0.82|
|50d mov avg||$58.32|
|100d mov avg||$55.49|
|200d mov avg||$53.09|
CBRE performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared CBRE against in the following table:
CBRE competitorsUnfortunately, we could not find any public company that could be defined as CBRE competitor. This doesn't mean CBRE does not have any competitor in the market, it's just we could not detected it.
Latest CBRE stock news
- Seeking AlphaCBRE Group: The Future Is Software And ServicesApril 5, 2019