After finishing at $47.86 in the prior trading day, Zillow Group Inc (NASDAQ: ZG) closed at $47.40, down -0.96%. In other words, the price has decreased by -$0.46 from its previous closing price. On the day, 696453 shares were traded.
Ratios:
Our goal is to gain a better understanding of ZG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.47. 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.
On December 12, 2023, JMP Securities Upgraded its rating to Mkt Outperform which previously was Mkt Perform but kept the price unchanged to $60.
On November 21, 2023, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $50.Deutsche Bank initiated its Buy rating on November 21, 2023, with a $50 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 26 ’24 when Samuelson Errol G sold 4,219 shares for $49.60 per share. The transaction valued at 209,278 led to the insider holds 168,863 shares of the business.
Hofmann Jeremy sold 7,813 shares of ZG for $427,873 on Mar 15 ’24. The Chief Financial Officer now owns 137,347 shares after completing the transaction at $54.76 per share. On Mar 05 ’24, another insider, BLACHFORD ERIK C, who serves as the Director of the company, sold 67,423 shares for $53.40 each. As a result, the insider received 3,600,667 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, ZG now has a Market Capitalization of 11.21B and an Enterprise Value of 10.23B. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.68 while its Price-to-Book (P/B) ratio in mrq is 2.44. Its current Enterprise Value per Revenue stands at 5.26 whereas that against EBITDA is 98.36.
Stock Price History:
Over the past 52 weeks, ZG has reached a high of $59.23, while it has fallen to a 52-week low of $33.23. The 50-Day Moving Average of the stock is 52.82, while the 200-Day Moving Average is calculated to be 48.54.
Shares Statistics:
The stock has traded on average 722.91K shares per day over the past 3-months and 1.26M shares per day over the last 10 days, according to various share statistics. A total of 55.28M shares are outstanding, with a floating share count of 53.23M. Insiders hold about 77.17% of the company’s shares, while institutions hold 20.23% stake in the company. Shares short for ZG as of Mar 15, 2024 were 2.14M with a Short Ratio of 2.96, compared to 1.73M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.92% and a Short% of Float of 8.81%.
Earnings Estimates
Its stock is currently analyzed by 15 different market analysts. On average, analysts expect EPS of $0.31 for the current quarter, with a high estimate of $0.38 and a low estimate of $0.21, while EPS last year was $0.35. The consensus estimate for the next quarter is $0.42, with high estimates of $0.51 and low estimates of $0.32.
Analysts are recommending an EPS of between $1.81 and $1.04 for the fiscal current year, implying an average EPS of $1.49. EPS for the following year is $2.06, with 18 analysts recommending between $2.68 and $1.36.
Revenue Estimates
25 analysts predict $507.21M in revenue for the current quarter. 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 $425.28M, an estimated increase of 19.30% from the year-ago figure. For the next quarter, 25 analysts are estimating revenue of $559.9M, an increase of 18.40% less than the figure of $19.30% 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 26 analysts have provided revenue estimates for ZG’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 $2.18B. In the same quarter a year ago, actual revenue was $1.95B, up 12.00% from the average estimate. Based on 26 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 $2.4B. The average revenue growth estimate for next year is up 14.00% from the average revenue estimate for this year.
