Fathom (NASDAQ:FTHM) Now Covered by Roth Capital

Roth Capital started coverage on shares of Fathom (NASDAQ:FTHM) in a research report sent to investors on Monday morning. The firm issued a buy rating and a $2.50 target price on the stock.

FTHM has been the topic of a number of other reports. Weiss Ratings restated a “sell (d-)” rating on shares of Fathom in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of Fathom to a “hold” rating in a research note on Saturday, September 13th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $2.50.

Fathom Stock Performance

NASDAQ FTHM opened at $1.05 on Monday. The company’s fifty day moving average is $1.25 and its two-hundred day moving average is $1.48. Fathom has a 52-week low of $0.65 and a 52-week high of $3.37. 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 firm has a market capitalization of $34.01 million, a price-to-earnings ratio of -1.30 and a beta of 1.88.

Fathom (NASDAQ:FTHM) last announced its quarterly earnings data on Wednesday, November 12th. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.05). Fathom had a negative net margin of 4.70% and a negative return on equity of 45.99%. The company had revenue of ($0.11) million for the quarter, compared to analyst estimates of $102.12 million. Equities research analysts forecast that Fathom will post -1.03 EPS for the current year.

Institutional Trading of Fathom

Several large investors have recently added to or reduced their stakes in FTHM. Vanguard Group Inc. raised its stake in shares of Fathom by 73.2% during the third quarter. Vanguard Group Inc. now owns 784,003 shares of the company’s stock worth $1,411,000 after buying an additional 331,316 shares during the last quarter. Union Square Park Capital Management LLC bought a new position in Fathom in the third quarter valued at approximately $810,000. Aristides Capital LLC acquired a new stake in Fathom during the 3rd quarter worth $360,000. Finally, Virtu Financial LLC bought a new stake in shares of Fathom during the 3rd quarter valued at $61,000. 55.49% of the stock is owned by institutional investors.

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.