Costar Group, Inc. (CSGP) posted a -7.10% change over the last five days signaling a new trend

A new trading day began on Monday, with Costar Group, Inc. (NASDAQ: CSGP) stock price down -3.11% from the previous day of trading, before settling in for the closing price of $90.34. CSGP’s price has ranged from $67.35 to $100.38 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 15.58%. Meanwhile, its annual earnings per share averaged -51.08%. With a float of $403.38 million, this company’s outstanding shares have now reached $408.10 million.

Considering the fact that the conglomerate employs 6152 people, you should pay attention to its efficiency factor.

Costar Group, Inc. (CSGP) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Real Estate Services Industry. The insider ownership of Costar Group, Inc. is 1.23%, while institutional ownership is 97.81%. The most recent insider transaction that took place on Nov 28 ’23, was worth 253,891. In this transaction Director of this company sold 3,020 shares at a rate of $84.07, taking the stock ownership to the 17,870 shares. Before that another transaction happened on Nov 08 ’23, when Company’s Director sold 1,500 for $77.86, making the entire transaction worth $116,790. This insider now owns 273,615 shares in total.

Costar Group, Inc. (CSGP) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -51.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to 7.09% growth over the previous five years of trading.

Costar Group, Inc. (NASDAQ: CSGP) Trading Performance Indicators

Here are Costar Group, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 12.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.56. Likewise, its price to free cash flow for the trailing twelve months is 103.11.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.92, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 1.25 in one year’s time.

Technical Analysis of Costar Group, Inc. (CSGP)

Compared to the last year’s volume of 2.14 million, its volume of 1.92 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 21.31%. Additionally, its Average True Range was 2.86.

During the past 100 days, Costar Group, Inc.’s (CSGP) raw stochastic average was set at 37.50%, which indicates a significant increase from 7.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.29% in the past 14 days, which was higher than the 28.35% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $88.73, while its 200-day Moving Average is $83.84. Nevertheless, the first resistance level for the watch stands at $90.56 in the near term. At $93.59, the stock is likely to face the second major resistance level. The third major resistance level sits at $95.49. If the price goes on to break the first support level at $85.63, it is likely to go to the next support level at $83.73. Now, if the price goes above the second support level, the third support stands at $80.70.

Costar Group, Inc. (NASDAQ: CSGP) Key Stats

With a market capitalization of 35.75 billion, the company has a total of 408,409K Shares Outstanding. Currently, annual sales are 2,455 M while annual income is 374,700 K. The company’s previous quarter sales were 640,060 K while its latest quarter income was 96,470 K.