Redfin Corp Shares Close in on 52-Week Low - Market Mover

The shares closed 1.5% above its 52-week low of $36.79, with trading volume lower than its 30 day average

Jan 05, 2022 by Kwhen Finance Editors

Redfin Corp Shares Close in on 52-Week Low - Market Mover
Redfin Corp (RDFN) shares closed today at 1.5% above its 52 week low of $36.79, giving the company a market cap of $4B. The stock is currently up 1.4% year-to-date, down 43.3% over the past 12 months, and up 79.4% over the past five years. This week, the Dow Jones Industrial Average rose 0.8%, and the S&P 500 rose 0.1%.

Trading Activity

  • Trading volume this week was 11.8% higher than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 2.1.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed above its Bollinger band, indicating it may be overbought.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $39 million in earnings before interest and taxes from $963 million in revenue. It currently holds $1 billion in cash and $235 million in debt.
  • Its forward price-to-earnings (P/E) ratio of -86.04119848598067 is lower than its current P/E ratio of -54.45, implying that analysts are expecting an increase in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at -63.18. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 4.74 which means it currently has $4.74 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 16.02. This means that the stock is trading at a premium of 16 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 6.37.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 6.24.

P/E

-54.45

EBITDA

$39M

P/Book

16.02

Mkt Cap

$4B

P/Sales

6.37

Revenue

$963M

EPS (TTM)

-0.74

PEG Ratio

-63.18

EV/Revenue

6.24

Total Cash

$1B

Debt/Equity

4.74

Forward P/E

-86.04

Current Debt

$235M

Gross Profit

$261M

Dividend Date

-

Earnings Date

2022-02-23

Profit Margin

-0.00

Revenue/Share

9.26

Total Revenue

$963M

Enterprise Val

$6B

Put/Call Ratio

0.81

Revenue/Employee

439314.64

Market Comparative Performance

  • The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
  • The company share price is the same as the performance of its peers in the Financials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Redfin Corp-4.11.4-43.3-60.65.5
Dow Jones Industrial Average0.60.621.60.225.1
S&P 500 Index-0.00.629.50.132.0
Financials2.31.032.9-2.137.8

Peer Group Comparative Performance

  • The company's stock price performance year-to-date is the same as the peer average.
  • The company's stock price performance over the past 12 months is the same as the peer average.
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Redfin CorpRDFN-54.41.4-43.3-60.65.5
Peer AvgN/A-54.41.4-43.3-60.65.5
Redfin CorpRDFN-54.41.4-43.3-60.65.5

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