Anywhere Real Estate (NYSE:HOUS) Price Target Lowered to $4.50 at Barclays

Anywhere Real Estate (NYSE:HOUS) had its target price decreased by Barclays from $5.00 to $4.50 in a research report report published on Friday morning, Benzinga reports. Barclays currently has an underweight rating on the stock.

Separately, Stephens raised their target price on Anywhere Real Estate from $5.50 to $8.00 and gave the stock an equal weight rating in a research report on Friday, February 16th.

Anywhere Real Estate Trading Up 3.2 %

Shares of HOUS stock opened at $5.18 on Friday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.37 and a current ratio of 0.30. Anywhere Real Estate has a fifty-two week low of $4.09 and a fifty-two week high of $9.43. The company has a market cap of $575.42 million, a PE ratio of -5.69 and a beta of 2.46. The stock’s fifty day moving average price is $5.75 and its two-hundred day moving average price is $6.09.

Anywhere Real Estate (NYSE:HOUS) last released its quarterly earnings data on Thursday, February 15th. The company reported ($0.32) earnings per share for the quarter, beating the consensus estimate of ($0.39) by $0.07. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.27 billion. Anywhere Real Estate had a negative return on equity of 6.21% and a negative net margin of 1.07%. Anywhere Real Estate’s revenue for the quarter was down 5.5% on a year-over-year basis. During the same quarter last year, the business posted ($0.85) EPS. Equities analysts predict that Anywhere Real Estate will post -0.04 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. New York State Teachers Retirement System increased its position in Anywhere Real Estate by 8.7% in the 1st quarter. New York State Teachers Retirement System now owns 141,586 shares of the company’s stock valued at $875,000 after buying an additional 11,327 shares in the last quarter. PFG Investments LLC bought a new stake in shares of Anywhere Real Estate in the 1st quarter worth approximately $167,000. Norden Group LLC bought a new position in shares of Anywhere Real Estate in the first quarter worth $166,000. Allspring Global Investments Holdings LLC bought a new position in shares of Anywhere Real Estate in the first quarter worth $72,000. Finally, Counterpoint Mutual Funds LLC grew its position in Anywhere Real Estate by 307.0% in the first quarter. Counterpoint Mutual Funds LLC now owns 50,936 shares of the company’s stock worth $315,000 after acquiring an additional 38,421 shares in the last quarter. 97.56% of the stock is owned by institutional investors.

Anywhere Real Estate Company Profile

Anywhere Real Estate Inc, through its subsidiaries, provides residential real estate services in the United States and internationally. The company operates through three segments: Anywhere Brands, Anywhere Advisors, and Anywhere Integrated Services. The Anywhere Brands segment franchises the Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, and Sotheby's International Realty brand names.