Jefferies Financial Group, a leading investment analyst, has lowered its Q4 2023 earnings per share (EPS) estimates for shares of Guild Holdings (NYE:GHLD) in a recent research report. The analyst now anticipates that the company will post earnings per share of $0.40 for the quarter, down from their previous estimate of $0.54. Several other brokerages have also weighed in on GHLD, with JPMorgan Chase & Co. increasing their price target to $12.50.
Guild Holdings’ Current Stock Performance
Guild Holdings’ shares have recently been trading up by 1.0%. The stock opened at $11.43 on Monday, with a market capitalization of $698.00 million, a P/E ratio of 2.14, and a beta of 0.98. The company has a quick ratio of 0.20, a current financial ratio of 0.20, and a debt-to-equity ratio of 0.48. The firm has a fifty-day simple moving average of $11.41 and a two-hundred-day simple moving average of $10.66. Guild has a twelve-month low of $7.18 and a twelve-month high of $12.91.
Guild Holdings Co Stock Forecast
The average analyst target price for Guild Holdings Co over the next year is USD 12.13, according to the forecasts of three analysts. The average analyst ratings for the company is Strong Buy. Stock Target Advisor has conducted its own analysis of Guild Holdings Co and their conclusion is Bullish, based on eight positive signals and two negative signals. As of the last closing, the stock price for Guild Holdings Co was USD 11.43. Over the past week, the stock price has decreased by 2.72%, but it has increased by 0.97% over the past month and 1.60% over the past year.
Institutional Trading of Guild
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Lazard Asset Management LLC, Tower Research Capital LLC TRC, and UBS Group AG are some of the major investors in Guild Holdings. According to recent reports, 7.63% of the stock is currently owned by institutional investors.
Guild Holdings’ Q4 2023 earnings per share forecast has been reduced by analysts, signaling a potential decline in the company’s profitability. However, the stock’s current performance suggests that investors are optimistic about its future prospects.