CoreLogic Inc. (CLGX): Target Price ranges from $65.00 to $80.00


CoreLogic Inc. (NYSE:CLGX) changes shares on Tuesday trading session, with a change of -0.01% or -$0.01 shares. The trading starts at $67.69 and closed at $67.96 throughout the day. The trading session low price was $67.42 and day high was $68.115 on Tuesday, August 04. After the session, the Technology sector daily volume shifted to 0.85 million while its average volume is 1.40M. In other hand, the CLGX market cap reached to $5.41B. While, its current target price is $66.76.

On August 3, 2020, Australian house prices fall for third month in July-CoreLogic. According to the news reported on Reuters, Australian home prices eased for a third straight month in July as the reimposition of a coronavirus lockdown in Victoria weighed on the Melbourne market and consumer sentiment generally.

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 -0.50% and up 1.40% for month. Its quarterly performance was 60.83% above, while its half year performance is up 42.87%. CLGX yearly performance stood at positive 51.54% and rise 55.46% for year-to-date. Current recommendation for CoreLogic Inc. is 2.60.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CLGX EPS (TTM) for 12-month is 2.03. EPS for this year is -44.60%, while for the next year its value is 3.67. Sales growth for the current quarter is 4.33. It has an EPS of -3.20% down for past five years and for the next five years will be up 7.74%.

Let’s take a look on the analyst recommendations on CLGX for the current month and previous month. For the current month, 1 of 13 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 12 as Hold. As compared with the previous month ratings, 12 analysts participate in stock recommendation. Out of 12, 0 rated it sell, 4 rated it as Buy and 8 as Hold Ratings. On the other hand, target price ranges from $65.00 – $80.00. Average target price for CLGX was reached at $70.46.

The insider ownership moved to 1.10% and institutional holding shifted to 94.80%.

The company posted an EPS (TTM) of 2.03. According to the most recent quarter report on Name, Clorox Company (The) analysts estimated an average EPS of Celldex Therapeutics, Inc., while Endologix, Inc. EPS posted a year ago period. Analyst Estimated EPS for CLGX published in the report was $ProShares Long Online/Short Sto – $CoreLogic, Inc. during the same period.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for CLGX rise 46.64% for period of 200 days. SMA for 50 days was 14.97% which is showing green signal, while SMA-20 was 0.12%.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in CLGX stock. On Jul 15, SANDO BARRY M, Managing Director, sold 3,750 trading shares at the cost of $67.72, which valued at 0.25 million. On Jun 03, DORMAN JOHN C, Director, sold 3,190 shares at the cost of $51.05, with total shares of 18,118. On May 19, WIDENER MARY LEE, Director, sold 300 shares at the cost of 45.66. After this transaction, WIDENER MARY LEE total shares reached to 9,653 which valued at 13698.0.