Fathom (NASDAQ:FTHM) Earns Buy Rating from Analysts at Roth Capital

Stock analysts at Roth Capital started coverage on shares of Fathom (NASDAQ:FTHM) in a note issued to investors on Monday. The firm set a “buy” rating and a $2.50 price target on the stock. Roth Capital’s target price would suggest a potential upside of 127.27% from the stock’s current price.

FTHM has been the subject of several other research reports. Wall Street Zen upgraded shares of Fathom to a “hold” rating in a report on Saturday, September 13th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Fathom in a report on Wednesday, October 8th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, Fathom currently has a consensus rating of “Hold” and a consensus price target of $2.50.

Fathom Stock Performance

NASDAQ FTHM opened at $1.10 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.41 and a quick ratio of 1.41. The company has a market cap of $35.63 million, a P/E ratio of -1.36 and a beta of 1.88. The stock has a 50-day moving average of $1.26 and a two-hundred day moving average of $1.48. Fathom has a 1-year low of $0.65 and a 1-year high of $3.37.

Fathom (NASDAQ:FTHM) last announced its earnings results on Wednesday, November 12th. The company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.10) by ($0.05). The business had revenue of ($0.11) million for the quarter, compared to analysts’ expectations of $102.12 million. Fathom had a negative return on equity of 45.99% and a negative net margin of 4.70%. As a group, analysts anticipate that Fathom will post -1.03 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in FTHM. Virtu Financial LLC acquired a new stake in shares of Fathom in the third quarter valued at approximately $61,000. Aristides Capital LLC purchased a new stake in shares of Fathom in the third quarter valued at $360,000. Union Square Park Capital Management LLC purchased a new position in Fathom during the third quarter worth about $810,000. Finally, Vanguard Group Inc. boosted its position in shares of Fathom by 73.2% in the third quarter. Vanguard Group Inc. now owns 784,003 shares of the company’s stock worth $1,411,000 after acquiring an additional 331,316 shares during the last quarter. Hedge funds and other institutional investors own 55.49% of the company’s stock.

Fathom Company Profile

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. The Mortgage segment offers residential loan origination and underwriting services. The Technology segment provides Software as a Service solutions and data mining for third party customers.