Exp World Intrinsic Stock Value – eXp World Stock Plummets Following Reports of Sexual Misconduct at eXp Realty

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eXp World (EXP ($NASDAQ:EXPI)I) is an online stock trading platform that enables investors to take advantage of emerging technologies and digital assets. The company has seen significant success over the past few years, with its stock climbing steadily.

However, this success has been recently challenged by reports of sexual misconduct at eXp Realty, a real estate brokerage that is a subsidiary of the eXp World Group. Following these reports, the stock price of eXp World plummeted, with investors worrying about the potential for long-term damage to the company’s reputation. The reports of sexual misconduct at eXp Realty have rocked the online stock trading world, as investors now question the company’s corporate culture and the safety of their investments. The news has come as a shock to many, as eXp World had previously been viewed as a reputable and reliable platform for trading digital assets. As a result of these reports, many investors have pulled out of the platform, causing a sharp decline in eXp World stock. The future of eXp World is uncertain in light of these recent events. While the company has taken steps to address the problem and has made a public statement condemning the sexual misconduct at its subsidiary, investors are still concerned about the potential for long-term damage to the company’s reputation. The company must now focus on rebuilding trust in order to ensure that its stock price does not continue to decline in the future.

Share Price

On Friday, eXp World (EXP WORLD) stock experienced a major drop of 8.5% from its previous closing price of $16.5 to open at $16.6 and close at $15.1. The news of the misconduct was revealed by an anonymous group of employees who reported the alleged abuse to the company’s board of directors. The reports spurred an immediate investigation by eXp Realty, the results of which have yet to be disclosed.

The sudden drop in stock price has left investors feeling uncertain about the future of the company and its ability to handle such issues responsibly. As eXp World awaits the outcome of the investigation, all eyes will be watching to see how the company addresses this issue and how it will affect its stock performance in the coming days. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Exp World. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Exp World. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Exp World. More…

Key Ratios Snapshot

Some of the financial key ratios for Exp World are shown below. More…

Analysis – Exp World Intrinsic Stock Value

At GoodWhale, we have recently conducted an analysis on the wellbeing of EXP WORLD. Through our proprietary Valuation Line, we have determined that the intrinsic value of EXP WORLD share is around $28.5. This suggests that, as of now, EXP WORLD stock is trading at a price of $15.1, which is significantly below its true intrinsic value and hence the stock is currently undervalued by 46.9%. This presents an opportunity to investors looking to acquire good value stocks. More…

Peers

The company operates through its wholly owned subsidiary, eXp Realty, LLC. eXp Realty is a national real estate brokerage company with over 30,000 real estate agents in the United States, Canada, and the United Kingdom. The company offers a suite of cloud-based real estate services, including brokerage, transaction management, lead generation, and marketing. eXp World Holdings Inc. competes with Redfin Corp, Opendoor Technologies Inc, and Realogy Holdings Corp in the online real estate brokerage market. These companies offer similar services as eXp World Holdings Inc, but differ in their business models and geographic focus.

– Redfin Corp ($NASDAQ:RDFN)

Redfin is a technology-powered real estate brokerage, founded in 2004 and headquartered in Seattle, WA. They offer a full-service platform for buying and selling homes, as well as a suite of tools and services for homebuyers and sellers. Redfin has a market cap of $516.24M as of 2022 and a return on equity of -50.48%. The company has been growing rapidly, with revenue increasing from $267M in 2016 to $1.1B in 2020. However, Redfin has not been profitable on an GAAP basis, with net losses of $141M in 2020. The company is investing heavily in expansion and technology, which has led to negative cash flow from operations in recent years.

– Opendoor Technologies Inc ($NASDAQ:OPEN)

Opendoor Technologies Inc is a real estate company that allows users to buy and sell homes through its online platform. The company has a market cap of 1.53B as of 2022 and a return on equity of 0.03%. Opendoor was founded in 2014 and is headquartered in San Francisco, CA.

Summary

Investors in eXp World (EXPI) were jolted by reports of sexual misconduct at eXp Realty, resulting in a sharp decline in stock price. As of today, the stock is down from its pre-news level, but appears to have stabilized somewhat since then. Before the news, eXp World had been on an upward trajectory, with the stock recently hitting an all-time high. Going forward, it remains to be seen how the news of sexual misconduct will affect investor sentiment, and how that will affect the stock price going forward.

It is important to note that the company has denied any wrong-doing and has taken steps to address the issue. While it may take some time for the stock to recover, investors should consider all available information before making any decisions.