What is Roth Capital’s Forecast for Fathom FY2024 Earnings?

Fathom Holdings Inc. (NASDAQ:FTHM) – Analysts at Roth Capital dropped their FY2024 EPS estimates for shares of Fathom in a report issued on Monday, March 3rd. Roth Capital analyst D. Aftahi now anticipates that the company will post earnings of ($1.14) per share for the year, down from their previous estimate of ($1.03). The consensus estimate for Fathom’s current full-year earnings is ($1.03) per share. Roth Capital also issued estimates for Fathom’s Q4 2024 earnings at ($0.33) EPS, Q3 2025 earnings at ($0.13) EPS, FY2025 earnings at ($0.63) EPS and FY2026 earnings at ($0.51) EPS.

Fathom Stock Performance

NASDAQ FTHM opened at $0.77 on Thursday. The firm’s fifty day moving average price is $1.27 and its two-hundred day moving average price is $1.98. Fathom has a 1 year low of $0.72 and a 1 year high of $3.37. The firm has a market capitalization of $17.46 million, a P/E ratio of -0.60 and a beta of 1.96. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.19.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of FTHM. Sovereign s Capital Management LLC acquired a new stake in Fathom during the 4th quarter worth approximately $284,000. Requisite Capital Management LLC bought a new position in Fathom during the 4th quarter worth $59,000. Northern Trust Corp lifted its holdings in shares of Fathom by 59.8% during the fourth quarter. Northern Trust Corp now owns 57,002 shares of the company’s stock worth $87,000 after buying an additional 21,328 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Fathom in the fourth quarter valued at about $32,000. Finally, AMG National Trust Bank grew its stake in shares of Fathom by 41.0% in the fourth quarter. AMG National Trust Bank now owns 68,817 shares of the company’s stock valued at $107,000 after acquiring an additional 20,000 shares in the last quarter. Institutional investors and hedge funds own 55.49% of the company’s stock.

About Fathom

Fathom Holdings Inc provides a real estate services platform that integrates residential brokerage, mortgage, title, and insurance services in the United States. It operates through three segments: Real Estate Brokerage, Mortgage, and Technology. The Real Estate Brokerage segment provides real estate brokerage services.