At the time of writing, Costar Group, Inc [CSGP] stock is trading at $75.34, up 2.05%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CSGP shares have gain 2.87% over the last week, with a monthly amount glided 2.78%, and 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 October 23, 2024, when RBC Capital Mkts downgraded its rating to a Sector Perform and also revised its price target to $83 from $96. Previously, Citigroup reaffirmed its Buy rating on February 07, 2024, and elevated its price target to $97. On January 19, 2024, BTIG Research initiated with a Neutral rating. In a note dated December 16, 2022, JP Morgan initiated an Overweight rating and provided a target price of $100 on this stock.
For the past year, the stock price of Costar Group, Inc fluctuated between $68.26 and $100.38. Currently, Wall Street analysts expect the stock to reach $94.25 within the next 12 months. Costar Group, Inc [NASDAQ: CSGP] shares were valued at $75.34 at the most recent close of the market. An investor can expect a potential return of 25.1% based on the average CSGP price forecast.
Analyzing the CSGP fundamentals
According to Costar Group, Inc [NASDAQ:CSGP], the company’s sales were 2.67B for trailing twelve months, which represents an 10.87% jump. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.1%, 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 0.02 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.14.
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 74.07 points at the first support level, and at 72.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 76.26, and for the 2nd resistance point, it is at 77.17.
Ratios To Look Out For
It is important to note that Costar Group, Inc [NASDAQ:CSGP] has a current ratio of 9.63. As well, the Quick Ratio is 9.63, while the Cash Ratio is 9.15. Considering the valuation of this stock, the price to sales ratio is 11.58, the price to book ratio is 4.12 and price to earnings (TTM) ratio is 175.21.
Transactions by insiders
Recent insider trading involved KLEIN MICHAEL R, Director, that happened on Oct 25 ’24 when 71633.0 shares were sold. President and CEO, FLORANCE ANDREW C completed a deal on Oct 25 ’24 to buy 14731.0 shares. Meanwhile, Director Michael Klein bought 71633.0 shares on Oct 25 ’24.
