CBRE stock: buy or sell?
August 23rd, 2019
Should I buy CBRE stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with CBRE stock situation right now, therefore 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 posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we detected 4 ratings published for CBRE stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-1-3||Bank of America||Buy||Neutral|
CBRE stock analysis
CBRE shares plunged -5.01% to $49.26 today.
CBRE plunged a hair-raising -5.01% and closed at $49.26. On June CBRE price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. Since last April when SMA100d and SMA200d crossed up, CBRE price slipped $-1.12 per share (-2.22%). On Aug 1st, CBRE hit a new all time high, pushing higher than on July 31st tops. Check different trading setups that use ATHs as triggers.
CBRE shares slipped -4.63% this week, ending at $49.26. Counting this, it's been 3 sliding weeks in a row, loosing $-4.25 (-8.04%).
Once CBRE shares failed to resist above the support, it inescapably dropped down. Possible next supports for CBRE stock are 48.1748 and 45.16. Not so far away is the last price record CBRE marked late July. Since early April when SMA20w and SMA40w crossed up, CBRE price slipped $-0.19 per share (-0.38%). Since late January when CBRE stock price broke up the SMA40w line, it gained $4.61 (10.32%).
CBRE stock price history
CBRE IPO was on June 10th, 2004 at $6.33 per share1. Since then, CBRE stock grew a 678.20%, with a yearly average of 45.20%. If you had invested $1,000 in CBRE stock in 2004, it would worth $6,782.00 today.
1: Adjusted price after possible price splits or reverse-splits.
CBRE stock historical price chart
CBRE stock reached all-time highs on Aug/1 with a price of $56.47.
CBRE stock price target is $62.00Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We found 2 price predictions for CBRE stock published in the last 30 days:
|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 decent climb for the Earnings per Share (EPS). Experts were expecting $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 exceptional 14.55% to $21,340.10 M USD from $18,628.80 marked in 2017. By contrast, its income margin (compared to revenues) stepped up 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 reported $6,293.75 M in sales for 2018-Q4, a 19.63% improvement compared to previous quarter. Reported quarter earnings marked $393.80 million with a profit margin of 6.26%. Profit margin remained constant 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 extraordinary increase and boosted a 482.50%. Looking back to recent quarterly results, CBRE posted 4 negative 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 shares of a stock, it's worth to overview its ownership structure.
CBRE shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.01% of all shares.
Bearish positions for CBRE stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related stocks:
|Market cap||$16.6 B||$2.6 B||$71.5 B||$6.2 B|
|Total shares||336.3 M||38.2 M||8,730.0 M||45.7 M|
|Float shares||332.2 M||27.6 M||8,720.0 M||51.2 M|
|- Institutional holdings (%)||95.9%||76.4%||58.6%||95.0%|
|- Insider holdings (%)||1.0%||5.0%||0.2%||0.6%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%|
|Friday, August 23rd, 2019|
|Day range||$49.06 - $51.44|
|Average true range||$1.38|
|50d mov avg||$51.88|
|100d mov avg||$50.70|
|200d mov avg||$47.91|
CBRE performanceTo better understand CBRE performance you must becnhmark its gains with other related stocks in same sector or industry. We compared CBRE against Colliers International, General Electric and Jones Lang LaSalle in the following table:
|JLLJones Lang LaSall...||1.47%||-19.18%||-12.07%|
CBRE competitorsOne check before trading any stock is to have a look a list of its competitors, in this case for CBRE. We selected 3 companies as CBRE competitors as they are in the same industry or have similar market objectives.
Latest CBRE stock news
- Seeking AlphaCBRE Group: The Future Is Software And ServicesApril 5, 2019