Barclays slashes price target on Realogy Holdings Corp. [RLGY] – find out why.

Realogy Holdings Corp. [NYSE: RLGY] price surged by 2.08 percent to reach at $0.38. The company report on July 12, 2021 that Realogy To Release Second Quarter 2021 Financial Results And Host Webcast On July 29, 2021.

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Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in the United States, will release its financial results for the quarter ended June 30, 2021 on Thursday, July 29, 2021, prior to the company’s webcast scheduled for 8:30 a.m. ET on the same day. During this call the company will report its second quarter 2021 financial results and provide a business update.

The webcast will be hosted by Ryan Schneider, chief executive officer and president, and Charlotte Simonelli, chief financial officer and treasurer.

A sum of 2107116 shares traded at recent session while its average daily volume was at 1.44M shares. Realogy Holdings Corp. shares reached a high of $18.65 and dropped to a low of $18.02 until finishing in the latest session at $18.61.

The one-year RLGY stock forecast points to a potential upside of 8.77. The average equity rating for RLGY stock is currently 2.70, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Realogy Holdings Corp. [RLGY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RLGY shares is $20.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RLGY stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Barclays have made an estimate for Realogy Holdings Corp. shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on January 29, 2021. The new note on the price target was released on December 21, 2020, representing the official price target for Realogy Holdings Corp. stock. Previously, the target price had yet another raise to $13, while Evercore ISI analysts kept a Outperform rating on RLGY stock.

The Average True Range (ATR) for Realogy Holdings Corp. is set at 0.64, with the Price to Sales ratio for RLGY stock in the period of the last 12 months amounting to 0.32. The Price to Book ratio for the last quarter was 1.20, with the Price to Cash per share for the same quarter was set at 3.52. Price to Free Cash Flow for RLGY in the course of the last twelve months was 3.06 with Quick ratio for the last quarter at 1.00.

RLGY Stock Performance Analysis:

Realogy Holdings Corp. [RLGY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.75. With this latest performance, RLGY shares gained by 6.16% in over the last four-week period, additionally plugging by 14.45% over the last 6 months – not to mention a rise of 157.76% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RLGY stock in for the last two-week period is set at 57.55, with the RSI for the last a single of trading hit 59.81, and the three-weeks RSI is set at 56.37 for Realogy Holdings Corp. [RLGY]. The present Moving Average for the last 50 days of trading for this stock 17.92, while it was recorded at 18.26 for the last single week of trading, and 14.92 for the last 200 days.

Insight into Realogy Holdings Corp. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Realogy Holdings Corp. [RLGY] shares currently have an operating margin of +5.74 and a Gross Margin at +16.64. Realogy Holdings Corp.’s Net Margin is presently recorded at -5.79.

Return on Total Capital for RLGY is now 6.03, given the latest momentum, and Return on Invested Capital for the company is -6.46. Return on Equity for this stock declined to -18.68, with Return on Assets sitting at -4.69. When it comes to the capital structure of this company, Realogy Holdings Corp. [RLGY] has a Total Debt to Total Equity ratio set at 221.44. Additionally, RLGY Total Debt to Total Capital is recorded at 68.89, with Total Debt to Total Assets ending up at 53.10. Long-Term Debt to Equity for the company is recorded at 203.86, with the Long-Term Debt to Total Capital now at 63.42.

Reflecting on the efficiency of the workforce at the company, Realogy Holdings Corp. [RLGY] managed to generate an average of -$38,156 per employee. Receivables Turnover for the company is 35.96 with a Total Asset Turnover recorded at a value of 0.81.Realogy Holdings Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.

RLGY Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RLGY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Realogy Holdings Corp. go to 27.70%.

Realogy Holdings Corp. [RLGY] Insider Position Details

There are presently around $2,296 million, in the hands of institutional investors. The top three institutional holders of RLGY stocks are: BLACKROCK INC. with ownership of 21,291,628, which is approximately 11.264% of the company’s market cap and around 1.90% of the total institutional ownership; VANGUARD GROUP INC, holding 18,309,245 shares of the stock with an approximate value of $340.74 million in RLGY stocks shares; and FMR LLC, currently with $202.59 million in RLGY stock with ownership of nearly 317.39% of the company’s market capitalization.

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Positions in Realogy Holdings Corp. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 104 institutional holders increased their position in Realogy Holdings Corp. [NYSE:RLGY] by around 17,484,445 shares. Additionally, 122 investors decreased positions by around 19,516,836 shares, while 29 investors held positions by with 86,364,490 shares. The mentioned changes placed institutional holdings at 123,365,771 shares, according to the latest SEC report filing. RLGY stock had 26 new institutional investments in for a total of 1,215,159 shares, while 39 institutional investors sold positions of 5,513,215 shares during the same period.

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