The closing price of Zillow Group Inc. (NASDAQ: Z) was 31.27 for the day, down -3.31% from the previous closing price of $32.34. In other words, the price has decreased by $-1.07 from its previous closing price. On the day, 3018130 shares were traded. Z reached its highest trading level at $32.93 during the session, while it also had its lowest trading level at $31.23.
Our analysis of Z’s different ratios will help us gain a deeper understanding of the company.
Upgrades & Downgrades
Needham Upgraded its Hold to Buy on June 08, 2020, while the target price for the stock was maintained at $80.
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 02 when Spaulding Dan sold 7,296 shares for $34.60 per share. The transaction valued at 252,428 led to the insider holds 34,509 shares of the business.
Daimler Susan sold 3,241 shares of Z for $108,739 on Aug 23. The President of Zillow now owns 23,727 shares after completing the transaction at $33.55 per share. On Aug 23, another insider, Daimler Susan, who serves as the President of Zillow of the company, sold 5,835 shares for $33.49 each. As a result, the insider received 195,425 and left with 42,708 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, Z now has a Market Capitalization of 7.80B and an Enterprise Value of 6.15B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 0.56 whereas that against EBITDA is -26.49.
Stock Price History:
Over the past 52 weeks, Z has reached a high of $104.05, while it has fallen to a 52-week low of $28.61. The 50-Day Moving Average of the stock is 35.49, while the 200-Day Moving Average is calculated to be 45.06.
Z traded an average of 3.65M shares per day over the past three months and 4.07M shares per day over the past ten days. A total of 179.97M shares are outstanding, with a floating share count of 163.27M. Insiders hold about 9.15% of the company’s shares, while institutions hold 98.39% stake in the company. Shares short for Z as of Aug 30, 2022 were 28.81M with a Short Ratio of 7.90, compared to 28.29M on Jul 28, 2022.
The firm’s stock currently is rated by 12 analysts. On average, analysts expect EPS of $0.34 for the current quarter, with a high estimate of $0.49 and a low estimate of $0.21, while EPS last year was $0.44. The consensus estimate for the next quarter is $0.43, with high estimates of $0.66 and low estimates of $0.19.
Analysts are recommending an EPS of between $2 and $1.22 for the fiscal current year, implying an average EPS of $1.59. EPS for the following year is $2.23, with 12 analysts recommending between $3.22 and $1.22.
It is expected that $90B in revenue will be generated in the current quarter, according to 14 analysts. It ranges from a high estimate of $1.03B to a low estimate of $920.4M. As of the current estimate, Zillow Group Inc.’s year-ago sales were $1.31B, an estimated decrease of -25.20% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $570.31M, a decrease of -71.50% less than the figure of $-25.20% in the same quarter last year. There is a high estimate of $656.7M for the next quarter, whereas the lowest estimate is $534.58M.
A total of 16 analysts have provided revenue estimates for Z’s current fiscal year. The highest revenue estimate was $6.49B, while the lowest revenue estimate was $6.21B, resulting in an average revenue estimate of $6.33B. In the same quarter a year ago, actual revenue was $8.15B, down -22.30% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $2.3B in the next fiscal year. The high estimate is $2.62B and the low estimate is $2.11B. The average revenue growth estimate for next year is down -63.60% from the average revenue estimate for this year.