CBRE stock: buy or sell?

CBRE stock price: $61.03 0.38% At close on January 17th, 2020

Updated on:
January 17th, 2020

4

CBRE closed yesterday at $61.03 and stepped up a tiny 0.38%. Counting Friday, it's been 3 green sessions in a row, adding $0.75 or 1.24%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.

Is CBRE a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-2Raymond Jamesn/aStrong-Buy
2019-8-12UBS Groupn/aNeutral
2019-3-11JMP Securitiesn/aHold

CBRE stock analysis

Daily outlook

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 stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $62.00

How 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:
CBRE stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-2Raymond JamesRaises Target$65.00$67.003.1%
2019-8-12UBS GroupRaises Target$56.00$57.001.8%
(in average)$60.50$62.002.0%
Moving in a range from $67.00 and $57.00, the price target for CBRE stock is $62.00.

Financials and fundamental analysis

Earnings date and Earnings per Share

On 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.
CBRE earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q4-n/an/an/a
2018-Q12018-05-020.490.5410.2%
2018-Q22018-08-020.720.742.8%
2018-Q32018-11-010.750.795.3%
2018-Q42019-02-131.131.217.1%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 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.

CBRE annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$7,180 M-$290 M4.0%-
2014$9,050 M26.04%$485 M5.4%67.34%
2015$10,856 M19.95%$547 M5.0%12.93%
2016$13,072 M20.41%$572 M4.4%4.54%
2017$18,629 M42.51%$697 M3.7%21.88%
2018$21,340 M14.55%$1,063 M5.0%52.52%

Quarterly financial results

CBRE 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.
CBRE quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$2,980 M-$130 M4.3%-
2017-Q2$3,340 M12.08%$197 M5.9%52.14%
2017-Q3$3,550 M6.29%$196 M5.5%-0.43%
2017-Q4$1,080 M-69.56%$154 M14.2%-21.76%
2018-Q1$4,674 M332.58%$150 M3.2%-2.15%
2018-Q2$5,111 M9.36%$229 M4.5%52.15%
2018-Q3$5,261 M2.93%$290 M5.5%27.03%
2018-Q4$6,294 M19.63%$394 M6.3%35.57%

CBRE ownership

When 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:

CBRE
Market cap$20.4 B
Total shares334.8 M
Float shares324.6 M
  - Institutional holdings (%)96.1%
  - Insider holdings (%)0.7%
Shares in short selling0.0%

CBRE summary

Friday, January 17th, 2020
Open$61.09
Close$61.03
Day range$60.77 - $61.44
Previous close$60.80
Session gain0.38%
Average true range$0.82
50d mov avg$58.32
100d mov avg$55.49
200d mov avg$53.09
Daily pattern
Weekly pattern

CBRE performance

Performance 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:
Stock3m6m12m
CBRE 16.89%17.12%36.99%

CBRE competitors

Unfortunately, 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