Fathom (NASDAQ:FTHM) Upgraded at Roth Capital

Roth Capital upgraded shares of Fathom (NASDAQ:FTHM) to a strong-buy rating in a report issued on Sunday morning,Zacks.com reports.

Other equities analysts have also issued research reports about the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Fathom in a report on Wednesday, October 8th. Wall Street Zen raised Fathom to a “hold” rating in a research report on Saturday, September 13th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $2.50.

Fathom Price Performance

Fathom stock opened at $1.04 on Friday. The stock’s 50 day moving average is $1.24 and its 200 day moving average is $1.47. Fathom has a one year low of $0.65 and a one year high of $3.37. The firm has a market cap of $33.69 million, a P/E ratio of -1.28 and a beta of 1.88. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.41 and a quick ratio of 1.41.

Fathom (NASDAQ:FTHM) last released its quarterly earnings results on Wednesday, November 12th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.05). The firm had revenue of ($0.11) million for the quarter, compared to the consensus estimate 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, research analysts expect that Fathom will post -1.03 EPS for the current year.

Institutional Investors Weigh In On Fathom

A number of hedge funds have recently added to or reduced their stakes in the company. Virtu Financial LLC acquired a new position in shares of Fathom during the third quarter worth approximately $61,000. Union Square Park Capital Management LLC bought a new stake in Fathom during the 3rd quarter valued at $810,000. Aristides Capital LLC bought a new stake in Fathom during the 3rd quarter valued at $360,000. Finally, Vanguard Group Inc. raised its holdings in 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. 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. 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.