The price of Zillow Group Inc (NASDAQ: ZG) closed at $54.06 in the last session, up 0.06% from day before closing price of $54.03. In other words, the price has increased by $+0.03 from its previous closing price. On the day, 749003 shares were traded.
Ratios:
We take a closer look at ZG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 57.56. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 05 ’24 when BLACHFORD ERIK C sold 67,423 shares for $53.40 per share. The transaction valued at 3,600,667 led to the insider holds 0 shares of the business.
Bohutinsky Amy sold 93,750 shares of ZG for $5,315,044 on Mar 04 ’24. The Director now owns 0 shares after completing the transaction at $56.69 per share. On Mar 01 ’24, another insider, Daimler Susan, who serves as the President of Zillow of the company, sold 15,206 shares for $56.36 each. As a result, the insider received 856,935 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 12.94B and an Enterprise Value of 11.97B. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.48 while its Price-to-Book (P/B) ratio in mrq is 2.79. Its current Enterprise Value per Revenue stands at 6.15 whereas that against EBITDA is 115.06.
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 54.09, while the 200-Day Moving Average is calculated to be 48.07.
Shares Statistics:
According to the various share statistics, ZG traded on average about 739.42K shares per day over the past 3-months and 567.69k shares per day over the past 10 days. A total of 55.28M shares are outstanding, with a floating share count of 53.22M. Insiders hold about 77.18% of the company’s shares, while institutions hold 20.23% stake in the company. Shares short for ZG as of Feb 15, 2024 were 1.73M with a Short Ratio of 2.34, compared to 2.13M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.74% and a Short% of Float of 7.10%.
