How much can investors make with Costar Group, Inc. (CSGP) stock in the next 12 months?

Costar Group, Inc. [CSGP] stock is trading at $76.53, down -0.84%. An important factor to consider is whether the stock is rising or falling in short-term value. The CSGP shares have gain 1.24% over the last week, with a monthly amount drifted -2.49%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Costar Group, Inc. [NASDAQ: CSGP] stock has seen the most recent analyst activity on February 07, 2024, when Citigroup reiterated its Buy rating and also boosted its price target to $97 from $90. JP Morgan started tracking with a Overweight rating for this stock on December 16, 2022, and assigned it a price target of $100.

Costar Group, Inc. [CSGP] stock has fluctuated between $67.35 and $100.38 over the past year. Currently, Wall Street analysts expect the stock to reach $101.43 within the next 12 months. Costar Group, Inc. [NASDAQ: CSGP] shares were valued at $76.53 at the most recent close of the market. An investor can expect a potential return of 32.54% based on the average CSGP price forecast.

Analyzing the CSGP fundamentals

Costar Group, Inc. [NASDAQ:CSGP] reported sales of 2.60B for the trailing twelve months, which represents a growth of 11.87%. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.03 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.14.

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 75.86 points at the first support level, and at 75.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 77.22, and for the 2nd resistance point, it is at 77.92.

Ratios To Look Out For

For context, Costar Group, Inc.’s Current Ratio is 9.27. On the other hand, the Quick Ratio is 9.27, and the Cash Ratio is 8.76. Considering the valuation of this stock, the price to sales ratio is 12.07, the price to book ratio is 4.24 and price to earnings (TTM) ratio is 146.43.

Transactions by insiders

Recent insider trading involved Hill John W, Director, that happened on Jul 30 ’24 when 1325.0 shares were sold. Director, Hill John W completed a deal on Jul 30 ’24 to buy 1325.0 shares. Meanwhile, President, Marketplaces SAINT FREDERICK G. sold 2500.0 shares on May 16 ’24.

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