Zillow Group Inc [ZG] stock prices are down -1.76% to $49.08 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ZG shares have gain 17.95% over the last week, with a monthly amount glided 0.39%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Zillow Group Inc [NASDAQ: ZG] stock has seen the most recent analyst activity on January 10, 2024, when BofA Securities downgraded its rating to a Neutral. Previously, JMP Securities upgraded its rating to Mkt Outperform on December 12, 2023, and kept the price target unchanged to $60. On November 21, 2023, Deutsche Bank initiated with a Buy rating and assigned a price target of $50 on the stock. Piper Sandler upgraded its rating to a Overweight and raised its price target to $62 on July 11, 2023. Wells Fargo started tracking with a Equal Weight rating for this stock on June 27, 2023, and assigned it a price target of $50. In a note dated May 01, 2023, Bernstein upgraded an Mkt Perform rating on this stock and boosted its target price from $35 to $45.
The stock price of Zillow Group Inc [ZG] has been fluctuating between $33.23 and $59.23 over the past year. Currently, Wall Street analysts expect the stock to reach $68.82 within the next 12 months. Zillow Group Inc [NASDAQ: ZG] shares were valued at $49.08 at the most recent close of the market. An investor can expect a potential return of 40.22% based on the average ZG price forecast.
Analyzing the ZG fundamentals
The Zillow Group Inc [NASDAQ:ZG] reported sales of 2.07B for trailing twelve months, representing a surge of 13.04%. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at -0.06%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.03 and Total Capital is -0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.38.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 48.48 points at the first support level, and at 47.87 for the second support level. However, for the 1st resistance point, the stock is sitting at 49.91, and for the 2nd resistance point, it is at 50.73.
Ratios To Look Out For
It’s worth pointing out that Zillow Group Inc [NASDAQ:ZG]’s Current Ratio is 2.12. On the other hand, the Quick Ratio is 2.12, and the Cash Ratio is 0.8. Considering the valuation of this stock, the price to sales ratio is 5.60, the price to book ratio is 2.52.
Transactions by insiders
Recent insider trading involved Frink Lloyd D, Officer, that happened on Aug 09 ’24 when 100000.0 shares were purchased. Director, Underwood April completed a deal on Aug 09 ’24 to buy 353.0 shares. Meanwhile, Co -Exec. Chairman & President Frink Lloyd D sold 0.15 million shares on Aug 09 ’24.
