Stock To Watch: Marcus & Millichap, Inc. (NYSE:MMI)


The leading market experts have placed a mean price target of $35.00 on Marcus & Millichap, Inc. (NYSE:MMI) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.52 a share for the upcoming quarter and $1.75 for the current fiscal.

Technical View

The technical analysis of Marcus & Millichap, Inc. Common plainly substantiates that the 50-day moving average of Marcus & Millichap, Inc. Common is $26.76, and stock is trading $1.09 points away or +4.07% from its 50-day moving average of $26.76. Further it is trading $2.99 or +12.03% away its 200-day moving average of $24.86. Marcus & Millichap, Inc. (NYSE:MMI) 52-week high is $49.97 and the 52-week low is $18.77.

This explains if the stock moves $-22.12, it will post a 52-week high. In event of +48.38% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Marcus & Millichap, Inc. Common, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Marcus & Millichap, Inc. (NYSE:MMI) ratio came in at 16.19.

The stock last ended the trading session at $27.85 and registered a market cap of $1.05B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Marcus & Millichap, Inc. (NYSE:MMI) PEG ratio is at 0.75.

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