Marcus & Millichap, Inc. (NYSE:MMI) has been recommended as a long term growth pick according to Beta Research. With their stock price currently trading around $31.61, the firm has proven a solid track record of growth over the past few years. Investors might consider the stock as a long term growth candidate as the firm has yielded 34.50% earnings per share growth over the past 5 years and 21.20% revenue growth over that same time frame.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, Marcus & Millichap, Inc. (NYSE:MMI)’s stock was -3.07%. Over the last week of the month, it was -0.13%, 12.81% over the last quarter, and 18.83% for the past six months.
Over the past 50 days, Marcus & Millichap, Inc.’s stock is -3.39% off of the high and 16.21% removed from the low. Their 52-Week High and Low are as follows: -3.39% (High), 36.13%, (Low).
Despite the past success, investors want to know where the stock is headed from here. Analysts covering the shares have a consensus short-term price target of $35.00 on the equity. Analysts have a consensus recommendation of 2.50 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.