Zillow Group Inc [ZG] stock is trading at $74.83, up 1.74%. 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 9.43% over the last week, with a monthly amount drifted -4.63%, and not seem to be holding up well over a long-time horizon.
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.
Zillow Group Inc [ZG] stock has fluctuated between $38.06 and $83.67 over the past year. Currently, Wall Street analysts expect the stock to reach $69.25 within the next 12 months. Zillow Group Inc [NASDAQ: ZG] shares were valued at $74.83 at the most recent close of the market. An investor can expect a potential drop of -7.46% based on the average ZG price forecast.
Analyzing the ZG fundamentals
Zillow Group Inc [NASDAQ:ZG] reported sales of 2.16B for the trailing twelve months, which represents a growth of 17.14%. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at -0.11%, 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 of0.25.
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 73.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 75.59, and for the 2nd resistance point, it is at 76.36.
Ratios To Look Out For
For context, Zillow Group Inc’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 8.36, the price to book ratio is 3.75.
Transactions by insiders
Recent insider trading involved Daimler Susan, Former Affiliate, that happened on Dec 11 ’24 when 0.15 million shares were purchased. Member of immediate family of, Daimler Susan completed a deal on Dec 10 ’24 to buy 88010.0 shares. Meanwhile, Chief Accounting Officer Rock Jennifer sold 3033.0 shares on Dec 06 ’24.
