Colliers International Group Inc. (CIGI): Check-out its Performance


Colliers International Group Inc. (NASDAQ:CIGI) changes shares on Tuesday trading session, with a change of 3.88% or $2.29 shares. The trading starts at $60.40 and closed at $59.04 throughout the day. The trading session low price was $59.54 and day high was $61.92 on Tuesday, June 16. After the session, the Real Estate sector daily volume shifted to 0.13 million while its average volume is 195.55K. In other hand, the CIGI market cap reached to $2.38B. While, its current target price is $61.33 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -6.12% and up 31.92% for month. Its quarterly performance was 29.39% above, while its half year performance is down -14.38%. CIGI yearly performance stood at negative -11.36% and fall -21.34% for year-to-date. Current recommendation for Colliers International Group Inc. is 1.80.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CIGI EPS (TTM) for 12-month is 2.65. EPS for this year is 4.90%, while for the next year its value is 4.88. Sales growth for the current quarter is 1.16 while its EPS Q/Q reached 210.90%. It has an EPS of 36.80% up for past five years and for the next five years will be up 20.00%.

Let’s take a look on the analyst recommendations on CIGI for the current month and previous month. For the current month, 5 of 6 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $66.00-$80.00. Average target price for CIGI was reached at $73.20.

Spruce House Investment Management LLC, Royal Bank of Canada and Bloombergsen Inc. are the top three holders in Colliers International Group Inc. (CIGI) stock. On Mar 30, 2020, Spruce House Investment Management LLC has 5.73 million shares which valued 274.86 million. On Mar 30, 2020, Royal Bank of Canada owned 2.22 million shares which valued at 106.8 million. On Mar 30, 2020, Bloombergsen Inc. has a total of 2.2 million shares which valued at 105.6 million. In the end, Bloombergsen Inc. have 5.70% shares outstanding of Colliers International Group Inc. (CIGI) on Mar 30, 2020. The insider ownership moved to 11.00% and institutional holding shifted to 76.10%.

The company posted an EPS (TTM) of 2.65. According to the most recent quarter report on (Jun 2020), 5 analysts estimated an average EPS of 0.42, while 1.1 EPS posted a year ago period. Analyst Estimated EPS for CIGI published in the report was 0.17-0.59 during the same period. Comparing with last year, the average estimated EPS was 1.1 which is higher than 0.54 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for CIGI fall -9.35% for period of 200 days. SMA for 50 days was 16.39% which is showing green signal, while SMA-20 was 10.38%. The moving average value for Colliers International Group Inc. (CIGI) is 66.20 and 53.24 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in CIGI stock. On Mar 20, Spruce House Partnership LLC, 10% Owner, sold 260,100 trading shares at the cost of $46.47, which valued at 12.09 million. On Dec 09, SPRUCE HOUSE PARTNERSHIP LP, 10% Owner, bought 1 shares at the cost of $73.74, with total shares of 5,985,243.