Zillow Group Inc (Z) average volume reaches $3.69M: Is Wall Street expecting a rally?

On Friday, Zillow Group Inc (NASDAQ: Z) opened higher 5.47% from the last session, before settling in for the closing price of $56.64. Price fluctuations for Z have ranged from $33.80 to $61.13 over the past 52 weeks.

Communication Services Sector giant saw their annual sales surged by 16.49% over the last five years. Company’s average yearly earnings per share was noted 3.36% at the time writing. With a float of $150.82 million, this company’s outstanding shares have now reached $171.85 million.

The firm has a total of 6263 workers. Let’s measure their productivity. In terms of profitability, gross margin is 76.92%, operating margin of -11.64%, and the pretax margin is -6.47%.

Zillow Group Inc (Z) Insider Activity

A key investor’s attitude towards the stock of the Internet Content & Information industry is another important factor to consider. The insider ownership of Zillow Group Inc is 34.78%, while institutional ownership is 69.77%. The most recent insider transaction that took place on Sep 10 ’24, was worth 188,763. In this transaction President of Zillow of this company sold 3,484 shares at a rate of $54.18, taking the stock ownership to the 22,464 shares. Before that another transaction happened on Sep 10 ’24, when Company’s President of Zillow sold 2,547 for $54.14, making the entire transaction worth $137,895. This insider now owns 14,288 shares in total.

Zillow Group Inc (Z) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 3.36% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.20% during the next five years compared to -2.24% drop over the previous five years of trading.

Zillow Group Inc (NASDAQ: Z) Trading Performance Indicators

Check out the current performance indicators for Zillow Group Inc (Z). In the past quarter, the stock posted a quick ratio of 2.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.67. Likewise, its price to free cash flow for the trailing twelve months is 91.49.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.60, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 1.81 in one year’s time.

Technical Analysis of Zillow Group Inc (Z)

Analysing the last 5-days average volume posted by the [Zillow Group Inc, Z], we can find that recorded value of 3.18 million was lower than the volume posted last year of 3.85 million. As of the previous 9 days, the stock’s Stochastic %D was 88.40%. Additionally, its Average True Range was 2.15.

During the past 100 days, Zillow Group Inc’s (Z) raw stochastic average was set at 97.98%, which indicates a significant increase from 93.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.57% in the past 14 days, which was lower than the 51.29% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $51.62, while its 200-day Moving Average is $49.93. Now, the first resistance to watch is $61.01. This is followed by the second major resistance level at $62.27. The third major resistance level sits at $64.37. If the price goes on to break the first support level at $57.65, it is likely to go to the next support level at $55.55. Should the price break the second support level, the third support level stands at $54.29.

Zillow Group Inc (NASDAQ: Z) Key Stats

There are currently 236,186K shares outstanding in the company with a market cap of 13.81 billion. Presently, the company’s annual sales total 1,945 M according to its annual income of -158,000 K. Last quarter, the company’s sales amounted to 572,000 K and its income totaled -17,000 K.