CBRE stock: buy or sell?

CBRE stock price: $49.26 -5.01% At close on August 23rd, 2019

Updated on:
August 23rd, 2019

2

CBRE shares plunged -5.01% to $49.26 today.

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.

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 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.

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
2019-1-3Bank of AmericaBuyNeutral

CBRE stock analysis

Daily outlook

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 stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $62.00

Nobody 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:
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 decent climb for the Earnings per Share (EPS). Experts were expecting $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 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.

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 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.
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 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:

CBRECIGIGEJLL
Market cap$16.6 B$2.6 B$71.5 B$6.2 B
Total shares336.3 M38.2 M8,730.0 M45.7 M
Float shares332.2 M27.6 M8,720.0 M51.2 M
  - Institutional holdings (%)95.9%76.4%58.6%95.0%
  - Insider holdings (%)1.0%5.0%0.2%0.6%
Shares in short selling0.0%0.0%0.0%0.0%

CBRE summary

Friday, August 23rd, 2019
Open$51.34
Close$49.26
Day range$49.06 - $51.44
Previous close$51.86
Session gain-5.01%
Average true range$1.38
50d mov avg$51.88
100d mov avg$50.70
200d mov avg$47.91
Daily patternlt03c
Weekly pattern lt06c

CBRE performance

To 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:
Stock3m6m12m
CBRE 2.39%-3.16%3.57%
CIGIColliers Internat...8.83%-3.00%-16.93%
GEGeneral Electric-13.24%-16.09%-31.00%
JLLJones Lang LaSall...1.47%-19.18%-12.07%

CBRE competitors

One 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