Zillow Group Inc [ZG] stock prices are up 24.98% to $70.09 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ZG shares have gain 20.74% over the last week, with a monthly amount glided 19.42%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Zillow Group Inc [NASDAQ: ZG] stock has seen the most recent analyst activity on September 16, 2024, when Wedbush upgraded its rating to a Outperform and also boosted its price target to $80 from $50. Previously, Cantor Fitzgerald started tracking the stock with Neutral rating on September 05, 2024, and set its price target to $47. On January 10, 2024, downgrade downgraded it’s rating to Neutral. JMP Securities upgraded its rating to a Mkt Outperform but stick to its price target of $60 on December 12, 2023. Deutsche Bank initiated its recommendation with a Buy and recommended $50 as its price target on November 21, 2023. In a note dated July 11, 2023, Piper Sandler upgraded an Overweight rating on this stock and boosted its target price from $42 to $62.
The stock price of Zillow Group Inc [ZG] has been fluctuating between $34.33 and $66.75 over the past year. Currently, Wall Street analysts expect the stock to reach $73.11 within the next 12 months. Zillow Group Inc [NASDAQ: ZG] shares were valued at $70.09 at the most recent close of the market. An investor can expect a potential return of 4.31% based on the average ZG price forecast.
Analyzing the ZG fundamentals
The Zillow Group Inc [NASDAQ:ZG] reported sales of 2.16B for trailing twelve months, representing a surge of 17.14%. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at -0.1%, Pretax Profit Margin comes in at -0.06%, and Net Profit Margin reading is -0.06%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.22.
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 66.11 points at the first support level, and at 62.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 72.68, and for the 2nd resistance point, it is at 75.26.
Ratios To Look Out For
It’s worth pointing out that Zillow Group Inc [NASDAQ:ZG]’s Current Ratio is 3.13. Further, the Quick Ratio stands at 3.13, while the Cash Ratio is 1.26. Considering the valuation of this stock, the price to sales ratio is 7.78, the price to book ratio is 3.52.
Transactions by insiders
Recent insider trading involved Bohutinsky Amy, Director, that happened on Sep 18 ’24 when 20625.0 shares were sold. Director, Bohutinsky Amy completed a deal on Sep 18 ’24 to buy 20625.0 shares. Meanwhile, Director Cormier Thielke Claire sold 2826.0 shares on Sep 16 ’24.