Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Costar Group, Inc. (NASDAQ: CSGP) was $84.62 for the day, down -0.81% from the previous closing price of $85.31. In other words, the price has decreased by -$0.81 from its previous closing price. On the day, 3.02 million shares were traded. CSGP stock price reached its highest trading level at $86.04 during the session, while it also had its lowest trading level at $84.4.
Ratios:
Our analysis of CSGP’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 6.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 99.68. For the most recent quarter (mrq), Quick Ratio is recorded 12.01 and its Current Ratio is at 12.01. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.14.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on February 07, 2024, Reiterated its Buy rating but revised its target price to $97 from $90 previously.
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 Nov 28 ’23 when Hill John W sold 3,020 shares for $84.07 per share. The transaction valued at 253,891 led to the insider holds 17,870 shares of the business.
NASSETTA CHRISTOPHER J sold 1,500 shares of CSGP for $116,790 on Nov 08 ’23. The Director now owns 273,615 shares after completing the transaction at $77.86 per share. On Jun 30 ’23, another insider, Ruggles Lisa, who serves as the Senior VP, Global Research of the company, sold 30,474 shares for $91.42 each. As a result, the insider received 2,785,933 and left with 156,208 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, CSGP now has a Market Capitalization of 34554068992 and an Enterprise Value of 30450096128. As of this moment, Costar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 91.92, and their Forward P/E ratio for the next fiscal year is 67.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.08 while its Price-to-Book (P/B) ratio in mrq is 4.71. Its current Enterprise Value per Revenue stands at 12.403 whereas that against EBITDA is 78.117.
Stock Price History:
Over the past 52 weeks, CSGP has reached a high of $100.38, while it has fallen to a 52-week low of $67.35. The 50-Day Moving Average of the stock is -4.82%, while the 200-Day Moving Average is calculated to be 1.04%.
Shares Statistics:
CSGP traded an average of 2.23M shares per day over the past three months and 2259010 shares per day over the past ten days. A total of 408.10M shares are outstanding, with a floating share count of 403.38M. Insiders hold about 1.23% of the company’s shares, while institutions hold 97.89% stake in the company. Shares short for CSGP as of 1711584000 were 8710386 with a Short Ratio of 3.90, compared to 1709164800 on 5674878. Therefore, it implies a Short% of Shares Outstanding of 8710386 and a Short% of Float of 2.42.
