The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, incl ...

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify potential opportunities [3] Group 2: RE/MAX (RMAX) Analysis - RE/MAX (RMAX) has shown a four-week price change of 2.4%, indicating growing investor interest [4] - Over the past 12 weeks, RMAX stock has gained 49.5%, with a beta of 1.37, suggesting it moves 37% more than the market [5] - RMAX has a Momentum Score of B, indicating a favorable time to invest based on momentum [6] Group 3: Earnings and Valuation - RMAX has received a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors and drive prices higher [7] - The stock is currently trading at a Price-to-Sales ratio of 0.73, suggesting it is undervalued at 73 cents for each dollar of sales [7] Group 4: Additional Opportunities - Besides RMAX, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies to help identify winning stock picks based on various investing styles [9]

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional va ...

RE/MAX (RMAX) shares rallied 17.3% in the last trading session to close at $12.91. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 8.6% gain over the past four weeks. The increased investor optimism in the stock can be attributed to the favorable operating environment. This franchisor of residential real estate brokerages is expected to post quarterly earnings of $0.35 per share in its upcoming report, which ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fu ...

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Characteristics - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential, leading to potential losses for investors [2] - A safer approach may involve investing in bargain stocks that have recently shown price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: RE/MAX (RMAX) Stock Analysis - RE/MAX (RMAX) has shown a price increase of 17.5% over the past four weeks, indicating growing investor interest [4] - Over the past 12 weeks, RMAX has gained 43.4%, demonstrating its ability to deliver positive returns over a longer timeframe [5] - RMAX has a beta of 1.37, suggesting it moves 37% more than the market in either direction, indicating fast-paced momentum [5] - The stock has a Momentum Score of A, suggesting it is an opportune time to invest [6] - RMAX has a Zacks Rank 2 (Buy) due to favorable earnings estimate revisions, which typically attract more investor interest [7] - The stock is trading at a Price-to-Sales ratio of 0.68, indicating it is reasonably valued at 68 cents for each dollar of sales, providing room for growth [7] Group 3: Additional Investment Opportunities - Besides RMAX, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]

RE/MAX (RMAX) reported $78.45 million in revenue for the quarter ended June 2024, representing a yearover-year decline of 4.9%. EPS of $0.41 for the same period compares to $0.40 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $78.16 million, representing a surprise of +0.37%. The company delivered an EPS surprise of +17.14%, with the consensus EPS estimate being $0.35. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...

Group 1 - RE/MAX reported quarterly earnings of $0.41 per share, exceeding the Zacks Consensus Estimate of $0.35 per share, and showing a slight increase from $0.40 per share a year ago, resulting in an earnings surprise of 17.14% [1] - The company posted revenues of $78.45 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.37%, although this represents a decline from year-ago revenues of $82.45 million [2] - Over the last four quarters, RE/MAX has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [2] Group 2 - The stock has underperformed, losing about 37.1% since the beginning of the year, while the S&P 500 has gained 9% [3] - The current consensus EPS estimate for the coming quarter is $0.35 on revenues of $78.36 million, and for the current fiscal year, it is $1.25 on revenues of $310.96 million [7] - The Zacks Industry Rank indicates that the Real Estate - Operations sector is currently in the bottom 31% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]

Group 1: Homeownership Aspirations - The dream of homeownership remains a significant goal for Gen Z and Millennials in the U.S., with 63% indicating they are eager and ready to become homeowners despite market conditions [4][5][6] - Nearly two-thirds (65%) of Gen Z first-time homebuyers express eagerness for homeownership, while 61% of Millennials share similar sentiments [7] Group 2: Concerns and Considerations - Key concerns for Gen Z include affording upfront costs (40%) and property taxes (48%), while Millennials are more concerned about qualifying for a mortgage (42%) and maintenance costs (54%) [7] - Over half (56%) of Gen Z and Millennials are willing to compromise on factors like price, location, and size to achieve homeownership [7] Group 3: Importance of Professional Guidance - A significant majority (90%) of respondents are likely to work with a real estate agent when buying or selling a home, with 63% considering using an agent or mortgage lender to learn about the homebuying process [11][13] - The most valuable aspect for respondents is having an agent guide them through the entire process [11] Group 4: Financial Readiness and Knowledge - More than half (57%) of Millennials feel confident in their financial readiness to purchase a home, compared to 47% of Gen Z [10] - A higher percentage of Millennials (42%) have started saving for a down payment compared to 35% of Gen Z [10]

Inventory Continues to Increase Amid Modest Median Price Growth and Home Sales Decline "It's good to see inventory levels rising, as more listings represent more options for buyers," said Amy Lessinger, President of RE/MAX, LLC. "Given the decline in sales, it's evident that buyers are sensitive to interest rates, highlighting the need for lower rates to stimulate significant growth in market activity." New Listings Closed Transactions | --- | --- | |-----------------|-----------------------| | | | | | | | ...