Key Highlights

  • eXp World Holdings, parent company of eXp Realty, had great Q2 2020
  • eXp Realty reported +33% revenue increase to $354M in Q2 from $267M one year ago and dollar-value transactions rose +26% from one year ago to $13B
  • eXp World Holdings Q2 earnings per share $0.11 to $37.3 as of August 24

eXp World Holdings, the parent company of eXp Realty, may be a perfectly suited cloud-based, publicly traded, pandemic company. Why? eXp has been watching its stock price and earnings rise since the pandemic outbreak.

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Even before the pandemic hit in March/April of this year, eXp has been performing well. Take a look at its stock price compared to the overall strength of the overall public markets benchmark:

  • One month – +103.2%
  • Six months – +195.8%
  • Twelve months – +203.3%

This type of stock performance relates to what industry analysts, technical traders and investors call relative price strength.   Though NOTHING is certain in the world at large and even less so in the world of stocks, stocks that show similar price strength trends frequently persist along the same tracking lines.

According to stockopedia’s risk evaluation of eXp World Holdings, the company’s risk rating is targeted as “adventurous” and its style is considered as a “High Flyer.” The company’s “momentum” rating came in at +92%. Overall, the consensus on eXp from analysts with advisory recommendations is positive…analysts see the company as a “buy.”

This consensus makes complete sense to a non-professional trader. eXp World Holdings has been on an upswing these last few months with the company reporting a revenue increase of +33% to $354M in Q2 2020 from $267M one year ago and an increase of +26% dollar-value transactions to $13B in Q2 2020 from one year ago.

 

Thanks to Yahoo Finance.

Also read: Podcast: 5 Reasons To FIRE Your Broker | How To Hire The Right Broker, Podcast: 5 Reasons To FIRE Your Broker | How To Hire The Right Broker (Part 2), Shouldn’t This Market Be Prime Time for iBuyers?