Newmark stock: buy or sell?
August 23rd, 2019
Newmark Group, Inc. provides commercial real estate services in the United States. Its investor\u002Fowner services and products include capital markets, which consist of investment sales, debt and structured finance and loan sales, agency leasing, property management, valuation and advisory, and loan servicing; and diligence and underwriting and government sponsored entity lending.
Should I buy Newmark 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. That's why is so important to define your own trading plan that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Newmark stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Newmark stock a buy?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we found 1 rating published for NMRK stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
Newmark stock analysis
Newmark collapsed a dreadful -5.43% and closed at $8.18.
Newmark shares collapsed -5.43% to $8.18 today. Since last Jul 16th when SMA50d and SMA100d crossed up, NMRK price slipped $-1.46 per share (-15.15%).
Shares of Newmark ended this week at $8.18 and collapsed a frightening -5.32%. For 5 weeks in a row, price slid and lost a -16.89%.
In a weekly time frame, Newmark stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, NMRK might consolidate in a flat-base, waiting to break out over or down under . Since price and 40-weeks moving average lines crossed down last week, NMRK fell $-0.96 per share (-10.50%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.
Newmark stock price history
Newmark stock went public on December 15th, 2017 with a price of $13.291. Since then, NMRK stock declined a -38.40%, with a yearly average of -38.40%.
1: Adjusted price after possible price splits or reverse-splits.
Newmark stock historical price chart
NMRK stock reached 52-week highs at $12.47, and all-time highs 2018-02-02 with a price of 16.06.
Newmark stock price target is $16.00Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. Currently, only 1 price forecast for Newmark stock was published in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Newmark reported its latest financial data, posting a tiny gain for the Earnings per Share (EPS) ratio. Experts expected $0.43 per share, but Newmark posted $0.45.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Newmark annual sales climbed an amazing 28.26% to $2,047.58 M USD from $1,596.45 marked in 2017. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) decreased a -3.84% to 5.21%.
|2015||$1,200 M||-||$-2.80 M-0.2%||-|
|2016||$1,350 M||12.47%||$168 M12.5%||-6,107.88%|
|2017||$1,596 M||18.26%||$144 M9.1%||-14.20%|
|2018||$2,048 M||28.26%||$107 M5.2%||-26.13%|
Quarterly financial resultsNewmark reported $631.69 M in sales for 2018-Q4, a 21.76% improvement compared to previous quarter. Reported quarter income marked $17.76 M with a profit margin of 2.81%. Profit margin plummed a -10.34% compared to previous quarter when profit margin was 13.15%. When comparing revenues to same quarter last year, Newmark sales marked an astounding growth and rocketed a 37.15%. Looking back to recent quarterly results, Newmark posted 3 positive quarters in a row.
|2017-Q1||$287 M||-||$37 M12.8%||-|
|2017-Q2||$410 M||42.83%||$55 M13.5%||50.23%|
|2017-Q3||$398 M||-2.81%||$99 M24.8%||79.17%|
|2017-Q4||$461 M||15.66%||$-46 M-10.0%||-146.73%|
|2018-Q1||$430 M||-6.54%||$20 M4.6%||-143.31%|
|2018-Q2||$467 M||8.40%||$1 M0.2%||-96.30%|
|2018-Q3||$519 M||11.18%||$68 M13.2%||9,133.69%|
|2018-Q4||$632 M||21.76%||$18 M2.8%||-73.97%|
Newmark ownershipWhen you are planning to invest in a company, it's always worth to have a look its ownership structure.
Newmark shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 3.82% of all shares.
In case of Newmark stock, 64.68% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for NMRK stock account 0.00%, no big difference from last month.
For a better understanding, the next table shows ownership data compared to other related companies:
|Market cap||$1.3 B|
|Total shares||157.3 M|
|Float shares||144.0 M|
|- Institutional holdings (%)||64.7%|
|- Insider holdings (%)||3.8%|
|Shares in short selling||0.0%|
|Friday, August 23rd, 2019|
|Day range||$8.05 - $8.61|
|Average true range||$0.30|
|50d mov avg||$9.10|
|100d mov avg||$8.64|
|200d mov avg||$8.81|
Newmark performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We picked as the bechmarking frame for Newmark stock.