(NMRK) Newmark - Ratings and Ratios

Newmark Group, Inc. is a leading commercial real estate services company operating globally, with a presence in the United States, the United Kingdom, and other international markets. The company provides a comprehensive suite of services, including capital markets, leasing, valuation, property management, and advisory services, catering to a diverse client base comprising commercial real estate tenants, investors, owners, occupiers, developers, lenders, and multi-national corporations.

The companys service offerings are diverse, encompassing investment sales, commercial mortgage brokerage, landlord representation, tenant representation, global corporate services, and flexible workspace solutions. Newmark Groups global corporate services include workplace and occupancy strategy, energy and sustainability services, technology, project management, real estate and lease administration, and facilities management, making it a one-stop-shop for clients commercial real estate needs.

With a rich history dating back to 1929, Newmark Group has established itself as a reputable player in the commercial real estate industry. As a subsidiary of Cantor Fitzgerald, L.P., the company leverages its parent companys resources and network to drive growth and expansion. Newmark Groups commitment to innovation is evident in its commercial real estate technology platform and capabilities, which aim to enhance the efficiency and effectiveness of its services.

Analyzing the companys and , we can identify trends and insights that inform our forecast. The stocks current price is $11.87, with a 20-day SMA of $11.20 and a 50-day SMA of $11.04, indicating a potential bullish trend. However, the 200-day SMA of $13.33 suggests that the stock is currently trading below its long-term average. The ATR of 0.38 (3.18%) indicates moderate volatility. Considering the companys market cap of $2.7 billion, P/E ratio of 29.05, and forward P/E of 5.74, we can infer that the stock may be undervalued, presenting a potential buying opportunity.

Based on the analysis of and , our forecast suggests that Newmark Groups stock price may experience a moderate increase in the short term, driven by the companys strong service offerings, diversified client base, and potential for growth in the commercial real estate market. We predict that the stock price may reach $13.50 within the next 6-12 months, representing a potential upside of 13.7% from the current price. However, this forecast is subject to various market and economic factors, and investors should conduct their own research and due diligence before making any investment decisions.