The closing price of Zillow Group Inc (NASDAQ: Z) was $49.31 for the day, down -2.99% from the previous closing price of $50.83. In other words, the price has decreased by -$1.52 from its previous closing price. On the day, 4017319 shares were traded. Z stock price reached its highest trading level at $51.38 during the session, while it also had its lowest trading level at $48.92.
Ratios:
Our analysis of Z’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 52.50. For the most recent quarter (mrq), Quick Ratio is recorded 3.24 and its Current Ratio is at 3.24. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.24.
Insider Transactions:
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 Mar 15 ’24 when Hofmann Jeremy sold 7,813 shares for $54.76 per share. The transaction valued at 427,873 led to the insider holds 137,347 shares of the business.
BLACHFORD ERIK C sold 67,423 shares of Z for $3,600,667 on Mar 05 ’24. The Director now owns 0 shares after completing the transaction at $53.40 per share. On Mar 04 ’24, another insider, Bohutinsky Amy, who serves as the Director of the company, sold 93,750 shares for $56.69 each. As a result, the insider received 5,315,044 and left with 0 shares of the company.
Valuation Measures:
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 11.80B and an Enterprise Value of 10.82B. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.91 while its Price-to-Book (P/B) ratio in mrq is 2.54. Its current Enterprise Value per Revenue stands at 5.56 whereas that against EBITDA is 104.07.
Stock Price History:
Over the past 52 weeks, Z has reached a high of $61.13, while it has fallen to a 52-week low of $33.80. The 50-Day Moving Average of the stock is 54.66, while the 200-Day Moving Average is calculated to be 49.79.
Shares Statistics:
Z traded an average of 4.02M shares per day over the past three months and 7.11M shares per day over the past ten days. A total of 171.85M shares are outstanding, with a floating share count of 153.84M. Insiders hold about 34.02% of the company’s shares, while institutions hold 69.15% stake in the company. Shares short for Z as of Feb 29, 2024 were 14.8M with a Short Ratio of 3.72, compared to 15.34M on Jan 31, 2024.
Earnings Estimates
The firm’s stock currently is rated by 12 analysts. On average, analysts expect EPS of $0.33 for the current quarter, with a high estimate of $0.38 and a low estimate of $0.28, while EPS last year was $0.35. The consensus estimate for the next quarter is $0.43, with high estimates of $0.51 and low estimates of $0.36.
Analysts are recommending an EPS of between $1.81 and $1.39 for the fiscal current year, implying an average EPS of $1.54. EPS for the following year is $2.1, with 15 analysts recommending between $2.68 and $1.36.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 21 analysts. It ranges from a high estimate of $518M to a low estimate of $499.53M. As of the current estimate, Zillow Group Inc’s year-ago sales were $424.08M, an estimated increase of 19.50% from the year-ago figure. For the next quarter, 21 analysts are estimating revenue of $559.75M, an increase of 18.50% less than the figure of $19.50% in the same quarter last year. There is a high estimate of $582.78M for the next quarter, whereas the lowest estimate is $547.65M.
A total of 23 analysts have provided revenue estimates for Z’s current fiscal year. The highest revenue estimate was $2.28B, while the lowest revenue estimate was $2.13B, resulting in an average revenue estimate of $2.17B. In the same quarter a year ago, actual revenue was $1.95B, up 11.80% from the average estimate. Based on 23 analysts’ estimates, the company’s revenue will be $2.48B in the next fiscal year. The high estimate is $2.72B and the low estimate is $2.33B. The average revenue growth estimate for next year is up 13.80% from the average revenue estimate for this year.
