Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $35.66 in the prior trading day, Marcus & Millichap Inc (NYSE: MMI) closed at $34.88, down -2.19%. In other words, the price has decreased by -$2.19 from its previous closing price. On the day, 73997.0 shares were traded. MMI stock price reached its highest trading level at $35.4 during the session, while it also had its lowest trading level at $34.78.
Ratios:
Our goal is to gain a better understanding of MMI by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.11.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on April 09, 2020, Downgraded its rating to Underweight and sets its target price to $23 from $39 previously.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 13 ’24 when Lawrence Norma J. sold 1,123 shares for $40.00 per share. The transaction valued at 44,920 led to the insider holds 24,971 shares of the business.
Nadji Hessam sold 13,241 shares of MMI for $531,981 on Aug 23 ’24. The Chief Executive Officer now owns 209,782 shares after completing the transaction at $40.18 per share. On Aug 26 ’24, another insider, Nadji Hessam, who serves as the Chief Executive Officer of the company, sold 659 shares for $40.33 each. As a result, the insider received 26,580 and left with 209,123 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MMI now has a Market Capitalization of 1354170752 and an Enterprise Value of 1138471040. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.18 while its Price-to-Book (P/B) ratio in mrq is 2.19. Its current Enterprise Value per Revenue stands at 1.83 whereas that against EBITDA is -26.866.
Stock Price History:
Over the past 52 weeks, MMI has reached a high of $42.80, while it has fallen to a 52-week low of $29.93. The 50-Day Moving Average of the stock is -12.09%, while the 200-Day Moving Average is calculated to be -4.15%.
Shares Statistics:
The stock has traded on average 82.31K shares per day over the past 3-months and 62090 shares per day over the last 10 days, according to various share statistics. A total of 38.82M shares are outstanding, with a floating share count of 24.27M. Insiders hold about 37.50% of the company’s shares, while institutions hold 59.80% stake in the company. Shares short for MMI as of 1734048000 were 477333 with a Short Ratio of 5.80, compared to 1731628800 on 486322. Therefore, it implies a Short% of Shares Outstanding of 477333 and a Short% of Float of 2.0399998999999998.
Dividends & Splits
In the trailing 12 months, MMI’s forward annual dividend rate was 0.5, compared to 0.50 this year. Against a Trailing Annual Dividend Yield of 0.014021313
