Compass Point Forecasts Strong Price Appreciation for Guild (NYSE:GHLD) Stock

Guild (NYSE:GHLDFree Report) had its price target raised by Compass Point from $16.00 to $19.00 in a research note released on Tuesday,Benzinga reports. They currently have a buy rating on the stock.

A number of other brokerages have also weighed in on GHLD. Wedbush restated an “outperform” rating and set a $20.00 price objective on shares of Guild in a research report on Thursday, November 7th. Wells Fargo & Company reduced their price target on Guild from $17.00 to $15.00 and set an “equal weight” rating on the stock in a report on Thursday, November 7th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Guild from $13.00 to $11.50 and set an “underweight” rating for the company in a report on Tuesday, January 14th. One analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $16.67.

View Our Latest Report on GHLD

Guild Stock Performance

Shares of Guild stock opened at $12.73 on Tuesday. The company’s 50 day moving average price is $13.56 and its two-hundred day moving average price is $14.76. The firm has a market capitalization of $787.86 million, a P/E ratio of -8.21, a P/E/G ratio of 0.27 and a beta of 1.00. Guild has a fifty-two week low of $11.21 and a fifty-two week high of $18.25. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.06 and a quick ratio of 0.06.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its position in shares of Guild by 2.0% during the third quarter. Geode Capital Management LLC now owns 98,244 shares of the company’s stock worth $1,634,000 after buying an additional 1,901 shares during the period. Basswood Capital Management L.L.C. grew its holdings in Guild by 11.9% during the 3rd quarter. Basswood Capital Management L.L.C. now owns 653,957 shares of the company’s stock worth $10,875,000 after acquiring an additional 69,603 shares during the period. Empowered Funds LLC raised its position in shares of Guild by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 269,881 shares of the company’s stock worth $4,488,000 after acquiring an additional 13,668 shares in the last quarter. Castleview Partners LLC acquired a new position in shares of Guild in the 3rd quarter valued at about $79,000. Finally, Renaissance Technologies LLC boosted its position in shares of Guild by 8.2% during the 2nd quarter. Renaissance Technologies LLC now owns 27,700 shares of the company’s stock valued at $410,000 after purchasing an additional 2,100 shares in the last quarter. Institutional investors own 17.52% of the company’s stock.

About Guild

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Guild Holdings Company originates, sells, and services residential mortgage loans in the United States. It operates in two segments, Origination and Servicing. The company offers residential mortgages through retail and correspondent channels. Guild Holdings Company was incorporated in 1960 and is headquartered in San Diego, California.

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Analyst Recommendations for Guild (NYSE:GHLD)

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