Analyst Ratings for Marcus & Millichap Inc. (MMI)Updated: 2017-07-28
Analysts covering Marcus & Millichap Inc. (NYSE:MMI) have given it a consensus rating of Hold. A consensus rating of Hold was previously issued for MMI last month.
A buy rating was issued by 0 analysts, 0 gave an overweight rating, 4 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
A number of analysts gave price targets for MMI. The maximum price target given was 28, implying a possible profit of 8.42 percent. The most pessimistic analyst gave a price target of 25, implying potential capital losses of -3.19 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -17.31 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.36 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -10.1 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of MMI to grow at a rate of -15.71 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. MMI has a PEG ratio of -1.04.
In the trailing 52-weeks, MMI hit 30.31 at the highest peak, while it's lowest trading point was 22.93. The current market price is above the trailing year's low by 12.63 percent, and 14.8 percent below the high. MMI has a P/E ratio of 16.26. Investors typically compare the P/E ratio to a company's peers in the industry. The MMI value stock report compares MMI to some of its peers using value stock charts. The market cap of MMI is $0.9952 billion. MMI's next earnings release will be on 0000-00-00, which is days away.