Stock Market Recap: Zillow Group Inc (Z) Concludes at 42.54, a -1.82 Surge/Decline

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After finishing at $43.33 in the prior trading day, Zillow Group Inc (NASDAQ: Z) closed at $42.54, down -1.82%. In other words, the price has decreased by -$1.82 from its previous closing price. On the day, 2.93 million shares were traded. Z stock price reached its highest trading level at $43.88 during the session, while it also had its lowest trading level at $42.51.

Ratios:

Our goal is to gain a better understanding of Z 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 3.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.29. 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:

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 Z 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, Z now has a Market Capitalization of 10009321472 and an Enterprise Value of 8950651904. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.10 while its Price-to-Book (P/B) ratio in mrq is 2.19. Its current Enterprise Value per Revenue stands at 4.602 whereas that against EBITDA is -52.651.

Stock Price History:

The Beta on a monthly basis for Z is 1.78, which has changed by -0.05613488 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. 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 -18.32%, while the 200-Day Moving Average is calculated to be -14.40%.

Shares Statistics:

The stock has traded on average 4.03M shares per day over the past 3-months and 3030600 shares per day over the last 10 days, according to various share statistics. 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 69.06% stake in the company. Shares short for Z as of 1711584000 were 11748645 with a Short Ratio of 2.91, compared to 1709164800 on 14956700.

Earnings Estimates

The company has 12 analysts who recommend its stock at the moment. 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

21 analysts predict $506.81M 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 $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 $2.27B, 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 11.50% from the average estimate. Based on 23 analysts’ estimates, the company’s revenue will be $2.46B 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 13.60% from the average revenue estimate for this year.

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