$Redfin (RDFN.US)$and$RE/MAX Holdings (RMAX.US)$soared more than 20% intraday Friday despite no apparent news for either real-estate firm other than a recent downtrend in mortgage rates ahead of next week's Federal Reserve interest-policy meeting. RDFN gained as much as to a 24% to a $14.27 session high – its best level since August – while RMAX added as much as 23.9% to a $13.64 intraday peak. Neither company announced any news Frid...
$Zillow-A (ZG.US)$,$Redfin (RDFN.US)$and other real-estate stocks rose Wednesday, apparently gaining ground on hopes for lower mortgage rates following a weaker-than-expected that May Consumer Price Index. Home-buying platform Zillow led the sector higher, adding 12.2% to trade at $46.85 shortly before 11:30 a.m. ET. Other large percentage gainers as of that hour included: -- Real-estate broker...
RE/MAX Holdings' low P/S ratio may be due to anticipated poor revenue performance. Without top-line growth improvement, the P/S ratio could drop further. The weak share price and declining revenue forecast form a barrier for the share price.
RE/MAX's Q4 results were mixed, with the company slightly topping analysts' EPS expectations but falling short in terms of full-year revenue guidance and operating margin. The company's long-term performance and recent history suggest a weak growth trajectory, with a 5.7% YoY revenue decline in the latest quarter and flat revenue over the last two years.
Despite share price rebound, RE/MAX Holdings' future growth is marred by declining revenue, weak outlook, and market's uncertainty about its health and performance.
Shares of real-estate names are trading higher Tuesday following better-than-expected inflation readings, with core consumer prices falling to a fresh two-year low. The U.S.'s largest homebuilder,$霍頓房屋 (DHI.US)$, rose 6.4%,$KB Home (KBH.US)$gained 7.1%, and$托爾兄弟 (TOL.US)$increased 8.2%. Shares of online real-estate platforms are also on the rise.$Opendoor Technologies (OPEN.US)$rocketed over 15% on Tuesday...
Bigmoney Dreamer : 15美元的接觸面或稍高浮動