Currently, Costar Group, Inc [CSGP] is trading at $76.27, up 5.80%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CSGP shares have gain 0.66% over the last week, with a monthly amount drifted -0.78%, 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 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.
This stock has fluctuated between a low of $68.26 and a high of $100.38 over the last 52 weeks. 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 $76.27 at the most recent close of the market. An investor can expect a potential return of 23.57% based on the average CSGP price forecast.
Analyzing the CSGP fundamentals
Trailing Twelve Months sales for Costar Group, Inc [NASDAQ:CSGP] were 2.67B which represents 10.87% growth. 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. 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 73.03 points at the first support level, and at 69.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 77.98, and for the 2nd resistance point, it is at 79.69.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Costar Group, Inc [NASDAQ:CSGP] is 9.63. Also, the Quick Ratio is 9.63, while the Cash Ratio stands at 9.15. Considering the valuation of this stock, the price to sales ratio is 11.72, the price to book ratio is 4.17 and price to earnings (TTM) ratio is 177.37.
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.
