We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Western World will never be the same. The COVID-19 pandemic is as earth-shattering as 9/11 in many ways. This generational event will bring about a dramatic shift in our every day lives. At the very least, it’s going to reshape the economy. There are entire industries that are going to have to change the way they do business. In some cases, those businesses won’t be needed any more. To draw a parallel from the animal world, it’s adapt or die.
Today’s Bull of the Day is a stock from an industry at risk, real estate. However, their forward-thinking approach is changing the way this industry does business. I’m talking about Zacks Rank #1 (Strong Buy) eXp World Holdings (EXPI - Free Report) .
eXp World Holdings, Inc. provides cloud-based real estate brokerage services for residential real estate market in the United States and Canada. The company facilitates buyers to search real-time property listings and sellers to list their properties through its Website, exprealty.com; and provides buyers and sellers access to a network of professional, consumer-centric agents, and brokers. It also offers access to collaborative tools and training services for real estate brokers and agents. In addition, the company provides marketing, training, and other support services to its brokers and agents through proprietary technology enabled services, and technology and support services contracted to third parties.
Earnings estimates have been moving in a positive direction. Over the last thirty days, analysts have increased their earnings estimates for the current year and next year. The bullish sentiment has pushed up our Zacks Consensus Estimate for the current year from an 8-cent loss to a one-cent gain. Next year’s number is up from 18 cents to 21 cents.
The revenue growth is the real story here. Current quarter estimates call for 52.7% revenue growth with next quarter slated to come in at 49.8%. That helps the current year estimate round out at 46.2%. Companies can apply all sorts of trickery in order to meet those EPS estimates, but it’s much tougher to get those revenue numbers up. Solid revenue growth here gives some downside cushion.
The Hottest Tech Mega-Trend of All
Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
Bull of the Day: eXp World (EXPI)
The Western World will never be the same. The COVID-19 pandemic is as earth-shattering as 9/11 in many ways. This generational event will bring about a dramatic shift in our every day lives. At the very least, it’s going to reshape the economy. There are entire industries that are going to have to change the way they do business. In some cases, those businesses won’t be needed any more. To draw a parallel from the animal world, it’s adapt or die.
Today’s Bull of the Day is a stock from an industry at risk, real estate. However, their forward-thinking approach is changing the way this industry does business. I’m talking about Zacks Rank #1 (Strong Buy) eXp World Holdings (EXPI - Free Report) .
eXp World Holdings, Inc. provides cloud-based real estate brokerage services for residential real estate market in the United States and Canada. The company facilitates buyers to search real-time property listings and sellers to list their properties through its Website, exprealty.com; and provides buyers and sellers access to a network of professional, consumer-centric agents, and brokers. It also offers access to collaborative tools and training services for real estate brokers and agents. In addition, the company provides marketing, training, and other support services to its brokers and agents through proprietary technology enabled services, and technology and support services contracted to third parties.
Earnings estimates have been moving in a positive direction. Over the last thirty days, analysts have increased their earnings estimates for the current year and next year. The bullish sentiment has pushed up our Zacks Consensus Estimate for the current year from an 8-cent loss to a one-cent gain. Next year’s number is up from 18 cents to 21 cents.
Exp World Holdings, Inc. Price and Consensus
Exp World Holdings, Inc. price-consensus-chart | Exp World Holdings, Inc. Quote
The revenue growth is the real story here. Current quarter estimates call for 52.7% revenue growth with next quarter slated to come in at 49.8%. That helps the current year estimate round out at 46.2%. Companies can apply all sorts of trickery in order to meet those EPS estimates, but it’s much tougher to get those revenue numbers up. Solid revenue growth here gives some downside cushion.
The Hottest Tech Mega-Trend of All
Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>