RMR Group Inc (NASDAQ: RMR) is -20.93% lower on its value in year-to-date trading and has touched a low of $13.48 and a high of $26.43 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RMR stock was last observed hovering at around $16.23 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $16.32, the stock is 5.64% and 8.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing 0.55% at the moment leaves the stock -17.23% off its SMA200. RMR registered -27.37% loss for a year compared to 6-month loss of -25.72%.
The stock witnessed a 7.16% gain in the last 1 month and extending the period to 3 months gives it a -5.45%, and is 0.62% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.27% over the week and 1.94% over the month.
RMR Group Inc (RMR) has around 1000 employees, a market worth around $520.24M and $804.34M in sales. Current P/E ratio is 13.60 and Fwd P/E is 11.20. Profit margin for the company is 2.47%. Distance from 52-week low is 21.04% and -38.25% from its 52-week high. The company has generated returns on investments over the last 12 months (5.84%).
The EPS is expected to grow by 5.88% this year
The shares outstanding are 15.88M, and float is at 14.26M with Short Float at 3.28%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 2.26 million shares valued at $51.08 million. The investor’s holdings represent 13.6622 of the RMR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 1.77 million shares valued at $40.07 million to account for 10.7187 of the shares outstanding. The other top investors are HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC which holds 0.59 million shares representing 3.5481 and valued at over $13.26 million, while FEDERATED HERMES, INC. holds 3.1908 of the shares totaling 0.53 million with a market value of $11.93 million.
