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Costar Group, Inc (NASDAQ: CSGP) closed the day trading at $77.03 down -3.41% from the previous closing price of $79.75. In other words, the price has decreased by -$3.41 from its previous closing price. On the day, 3.29 million shares were traded. CSGP stock price reached its highest trading level at $79.485 during the session, while it also had its lowest trading level at $74.36.
Ratios:
For a better understanding of CSGP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 119.18. For the most recent quarter (mrq), Quick Ratio is recorded 9.63 and its Current Ratio is at 9.63. 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 the company, RBC Capital Mkts on October 23, 2024, Downgraded its rating to Sector Perform and sets its target price to $83 from $96 previously.
On February 07, 2024, Citigroup reiterated its Buy rating and also lowered its target price recommendation from $90 to $97.
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 Nov 27 ’24 when NASSETTA CHRISTOPHER J sold 1,681 shares for $80.39 per share. The transaction valued at 135,136 led to the insider holds 229,715 shares of the business.
DESMARAIS MICHAEL J sold 5,500 shares of CSGP for $439,340 on Nov 26 ’24. The Chief Human Resources Officer now owns 58,798 shares after completing the transaction at $79.88 per share. On Nov 27 ’24, another insider, Christopher J Nasseta, who serves as the Director of the company, bought 1,681 shares for $79.92 each.
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 32694304768 and an Enterprise Value of 27747481600. As of this moment, Costar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 179.14, and their Forward P/E ratio for the next fiscal year is 68.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 11.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.84 while its Price-to-Book (P/B) ratio in mrq is 4.21. Its current Enterprise Value per Revenue stands at 10.404 whereas that against EBITDA is 162.933.
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 $68.26. The 50-Day Moving Average of the stock is 1.34%, while the 200-Day Moving Average is calculated to be -4.37%.
Shares Statistics:
Over the past 3-months, CSGP traded about 2.71M shares per day on average, while over the past 10 days, CSGP traded about 2316480 shares per day. A total of 409.50M shares are outstanding, with a floating share count of 405.01M. Insiders hold about 1.21% of the company’s shares, while institutions hold 98.11% stake in the company. Shares short for CSGP as of 1731628800 were 11056364 with a Short Ratio of 4.09, compared to 1728950400 on 8074429. Therefore, it implies a Short% of Shares Outstanding of 11056364 and a Short% of Float of 3.2300000000000004.
