Perhaps timely catching CBRE Group Inc (CBRE) would be a good idea

With 1.52 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.65 million shares. During the session, the Real Estate Services company that operates in wider Real Estate sector, reached to the highest price of $86.06 whereas the lowest price it dropped to was $84.69. The 52-week range on CBRE shows that it touched its highest point at $98.65 and its lowest point at $64.63 during that stretch. It currently has a 1-year price target of $105.88. Beta for the stock currently stands at 1.44.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CBRE was down-trending over the past week, with a drop of -6.11%, but this was down by -8.92% over a month. Three-month performance surged to 0.97% while six-month performance rose 19.06%. The stock gained 18.28% in the past year, while it has lost -8.54% so far this year. A look at the trailing 12-month EPS for CBRE yields 3.17 with Next year EPS estimates of 5.69. For the next quarter, that number is 0.69. This implies an EPS growth rate of 16.67% for this year and 27.04% for next year. EPS is expected to grow by 11.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 0.36%.

Float and Shares Shorts:

At present, 304.89 million CBRE shares are outstanding with a float of 303.05 million shares on hand for trading. On 2024-03-28, short shares totaled 5.3 million, which was 173.0 higher than short shares on 1709164800. In addition to Ms. Emma E. Giamartino as the firm’s Chief Financial Officer, Mr. James A. Reid serves as its President of Americas Strategic Initiatives.

Institutional Ownership:

Through their ownership of 1.00468 of CBRE’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, CBRE reported revenue of $8949975000.0 and operating income of $494504000.0. The EBITDA in the recently reported quarter was $642204000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CBRE since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.