Price Action Alert: Is Realogy Holdings Corp’s Fuel Running Low? The Stock Reaches Yearly Low Today

Price Action Alert: Is Realogy Holdings Corp's Fuel Running Low? The Stock Reaches Yearly Low Today

The stock of Realogy Holdings Corp (NYSE:RLGY) hit a new 52-week low and has $22.34 target or 9.00% below today’s $24.55 share price. The 8 months bearish chart indicates high risk for the $3.52 billion company. The 1-year low was reported on Oct, 17 by Barchart.com. If the $22.34 price target is reached, the company will be worth $316.80 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 899,958 shares traded hands. Realogy Holdings Corp (NYSE:RLGY) has declined 27.91% since March 14, 2016 and is downtrending. It has underperformed by 33.52% the S&P500.

Analysts await Realogy Holdings Corp (NYSE:RLGY) to report earnings on November, 3. They expect $0.77 EPS, up 2.67% or $0.02 from last year’s $0.75 per share. RLGY’s profit will be $110.40M for 7.97 P/E if the $0.77 EPS becomes a reality. After $0.74 actual EPS reported by Realogy Holdings Corp for the previous quarter, Wall Street now forecasts 4.05% EPS growth.

Realogy Holdings Corp (NYSE:RLGY) Ratings Coverage

Out of 9 analysts covering Realogy Holdings Corporation (NYSE:RLGY), 4 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 44% are positive. Realogy Holdings Corporation has been the topic of 19 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The rating was upgraded by Compass Point on Friday, May 13 to “Buy”. The firm has “Neutral” rating by Goldman Sachs given on Monday, August 3. The firm earned “Buy” rating on Friday, October 2 by Citigroup. The rating was downgraded by JP Morgan on Wednesday, February 24 to “Neutral”. The firm has “Overweight” rating by Piper Jaffray given on Monday, November 2. The rating was maintained by Compass Point with “Neutral” on Tuesday, January 5. The firm has “Buy” rating given on Thursday, June 2 by Citigroup. The stock of Realogy Holdings Corp (NYSE:RLGY) has “Market Perform” rating given on Thursday, March 31 by Wood. The stock has “Buy” rating given by Citigroup on Monday, August 22. The firm has “Neutral” rating by Wedbush given on Thursday, October 6.

According to Zacks Investment Research, “Realogy Holdings Corp. is a provider of real estate services. The Company through its subsidiaries provides real estate brokerage services, relocation services, and title and settlement services. The Company’s brands and business units include Better Homes and Gardens(R) Real Estate, CENTURY 21(R), Coldwell Banker(R), Coldwell Banker Commercial(R), The Corcoran Group(R), ERA(R), Sotheby’s International Realty(R), NRT LLC, Cartus and Title Resource Group. Realogy Holdings Corp. is headquartered in Parsippany, New Jersey.”

Insitutional Activity: The institutional sentiment decreased to 1.03 in 2016 Q2. Its down 0.09, from 1.12 in 2016Q1. The ratio is negative, as 38 funds sold all Realogy Holdings Corp shares owned while 82 reduced positions. 34 funds bought stakes while 89 increased positions. They now own 140.84 million shares or 0.53% less from 141.58 million shares in 2016Q1.
Cornerstone Advsrs holds 25 shares or 0% of its portfolio. Patten Grp Incorporated, a Tennessee-based fund reported 210 shares. Teachers Advisors has invested 0.01% of its portfolio in Realogy Holdings Corp (NYSE:RLGY). The Colorado-based Janus Ltd Llc has invested 0% in Realogy Holdings Corp (NYSE:RLGY). Ls Inv Advsrs Ltd Liability Co reported 5,511 shares or 0.01% of all its holdings. Senator Gp Lp holds 3.3% or 7.10M shares in its portfolio. Pinebridge Investments Limited Partnership accumulated 5,380 shares or 0.01% of the stock. Aperio Limited owns 16,144 shares or 0% of their US portfolio. The Pennsylvania-based Stevens Capital Management Limited Partnership has invested 0.04% in Realogy Holdings Corp (NYSE:RLGY). Bokf Na has invested 0.07% of its portfolio in Realogy Holdings Corp (NYSE:RLGY). Sumitomo Mitsui Tru reported 375,903 shares or 0.02% of all its holdings. State Board Of Administration Of Florida Retirement Sys has invested 0.02% of its portfolio in Realogy Holdings Corp (NYSE:RLGY). Armstrong Shaw Incorporated Ct has invested 2.85% of its portfolio in Realogy Holdings Corp (NYSE:RLGY). Price Michael F reported 100,000 shares or 0.39% of all its holdings. Renaissance Limited Liability owns 1.32M shares or 0.07% of their US portfolio.

Insider Transactions: Since May 11, 2016, the stock had 1 buying transaction, and 0 selling transactions for $76,775 net activity. On Wednesday, May 11 the insider WILLIAMS MICHAEL J bought $76,775.

More recent Realogy Holdings Corp (NYSE:RLGY) news were published by: Forbes.com which released: “Relative Strength Alert For Realogy Holdings” on October 14, 2016. Also Prnewswire.com published the news titled: “Realogy Franchise Group Appoints Carter Murdoch as Senior Vice President of …” on July 13, 2016. Therealdeal.com‘s news article titled: “Realogy weathers “challenging” Q2, vows to fight rivals’ rampant agent poaching” with publication date: August 04, 2016 was also an interesting one.

RLGY Company Profile

Realogy Holdings Corp., incorporated on December 14, 2006, is an integrated well-known provider of residential real estate services in the United States. The Firm is the franchisor of residential real estate brokerages with some brands in the real estate industry; owner of the United States residential real estate brokerage offices; well-known provider of outsourced employee relocation services, and a well-known provider of title and settlement services. The Firm has four operating divisions: Real Estate Franchise Services (RFG), Company Owned Real Estate Brokerage Services (NRT), Relocation Services (Cartus), and Title and Settlement Services (TRG).

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