Wall Street analysts will be watching closely when Newmark Group, Inc. (NASDAQ:NMRK) reports its quarterly earnings next, which is scheduled for Fri 8 Feb (In 26 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.30 per share. In the preceding quarter, the company reportedly generated EPS of $0.25 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 8.20%, a profit margin of 2.30% and a gross margin of 98.60%.
Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Newmark Group, Inc. (NASDAQ:NMRK). Most recently, on October 12th, 2018, Sandler O’Neill Upgrade a Buy rating. Before that, on May 4th, 2018, Sandler O’Neill Downgrade to Hold.
At its current price point, combined with the fact that this company has 243.68M shares outstanding, the current market capitalization sits at 2.33B. In the last trading day, 1,312,386 shares of Newmark Group, Inc. were traded, which compares to its usual volume of about 1.50M shares per day of trading.
If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $0.97 in the past five trading days, resulting in a percentage change of +11.31% and a moving average of 9.02. In the past 20 days, its price changed by $0.31 (which is +3.35%) and the stock’s moving average was 8.57. Looking back a full 50 days, shares of NMRK changed by $0.13 (which is +1.38%) and demonstrated a moving average of 8.96.
Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 94.82%, a 14-day Stochastic %K score of 95.81% and a 20-day Stochastic %K score of 68.84%. Using a similar metric, Newmark Group, Inc. (NMRK) shares showed a Stochastic %D of 94.21% over the past 9 days, a Stochastic %D score of 88.30% over the last 14 days, and a 20-day Stochastic %D of 59.75%. Meanwhile, this stock’s MACD Oscillator was 0.56 over the past 9 days, 0.82 over the past two weeks, and 0.67 in the last 20 days.
As recent trading data suggests, this company’s shares have been hovering close to the $9.55 level. Over the past 12 months, this stock has experienced a high price of $16.98 and a low of $7.34. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.
The Vanguard Group Inc purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Newmark Group, Inc. (NASDAQ:NMRK) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 19,403,221 shares of the company’s stock following the addition of 17,481,430 to this investor’s holdings during the three-month period. This share count represents that The Vanguard Group Inc now held 6.76% stake in Newmark Group, Inc. (NMRK)’s shares.
Just in the most recent trading day, Newmark Group, Inc. (NASDAQ:NMRK) experienced a high price of $9.62 and low point of $9.02. At the end of the last trading session, this stock was at 9.55 per share, following a loss of -$0.05, or 3.58% during the full day.