Market Update: Zillow Group Inc (Z) Sees Negative Movement, Closing at 42.41

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In the latest session, Zillow Group Inc (NASDAQ: Z) closed at $42.41 down -0.98% from its previous closing price of $42.83. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 3.25 million shares were traded. Z stock price reached its highest trading level at $43.475 during the session, while it also had its lowest trading level at $42.37.

Ratios:

For a deeper understanding of Zillow Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.59. For the most recent quarter (mrq), Quick Ratio is recorded 3.32 and its Current Ratio is at 3.32. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.23.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 12 ’24 when Daimler Susan sold 5,907 shares for $47.74 per share. The transaction valued at 282,011 led to the insider holds 29,665 shares of the business.

Hoag Jay C bought 521,170 shares of Z for $22,448,877 on Jun 11 ’24. The Director now owns 1,525,612 shares after completing the transaction at $43.07 per share. On Jun 11 ’24, another insider, BLACHFORD ERIK C, who serves as the Director of the company, sold 1,413 shares for $43.33 each. As a result, the insider received 61,225 and left with 36,816 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 9939419136 and an Enterprise Value of 9044851712. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.00 while its Price-to-Book (P/B) ratio in mrq is 2.15. Its current Enterprise Value per Revenue stands at 4.511 whereas that against EBITDA is -54.817.

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 -8.60%, while the 200-Day Moving Average is calculated to be -11.25%.

Shares Statistics:

For the past three months, Z has traded an average of 3.72M shares per day and 3818700 over the past ten days. A total of 171.85M shares are outstanding, with a floating share count of 154.75M. Insiders hold about 34.48% of the company’s shares, while institutions hold 70.20% stake in the company. Shares short for Z as of 1721001600 were 16803737 with a Short Ratio of 4.52, compared to 1718323200 on 15457161.

Earnings Estimates

Investors are eagerly awaiting the insights provided by 11.0 analysts currently analyzing and rating the stock of Zillow Group Inc (Z).The consensus estimate for the next quarter is $0.35, with high estimates of $0.41 and low estimates of $0.31.

Analysts are recommending an EPS of between $1.44 and $1.19 for the fiscal current year, implying an average EPS of $1.3. EPS for the following year is $1.85, with 12.0 analysts recommending between $2.34 and $1.52.

Revenue Estimates

A total of 21 analysts believe the company’s revenue will be $537.59M this quarter.It ranges from a high estimate of $553M to a low estimate of $530.9M. As of the current estimate, Zillow Group Inc’s year-ago sales were $472.3MFor the next quarter, 21 analysts are estimating revenue of $552.7M. There is a high estimate of $576M for the next quarter, whereas the lowest estimate is $526.2M.

A total of 23 analysts have provided revenue estimates for Z’s current fiscal year. The highest revenue estimate was $2.22B, while the lowest revenue estimate was $2.1B, resulting in an average revenue estimate of $2.16B. In the same quarter a year ago, actual revenue was $1.95BBased on 23 analysts’ estimates, the company’s revenue will be $2.44B in the next fiscal year. The high estimate is $2.65B and the low estimate is $2.35B.

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