On Friday, Zillow Group Inc (NASDAQ: ZG) was 5.39% up from the session before settling in for the closing price of $54.88. A 52-week range for ZG has been $33.23 – $59.23.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 16.49%. When this article was written, the company’s average yearly earnings per share was at 2.77%. With a float of $52.17 million, this company’s outstanding shares have now reached $55.28 million.
Let’s determine the extent of company efficiency that accounts for 6263 employees. In terms of profitability, gross margin is 76.92%, operating margin of -11.64%, and the pretax margin is -6.47%.
Zillow Group Inc (ZG) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Zillow Group Inc stocks. The insider ownership of Zillow Group Inc is 77.44%, while institutional ownership is 19.61%. 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 (ZG) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 2.77% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.10% during the next five years compared to -2.24% drop over the previous five years of trading.
Zillow Group Inc (NASDAQ: ZG) Trading Performance Indicators
You can see what Zillow Group Inc (ZG) is doing with its current performance indicators. In the most recent 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 6.46. Likewise, its price to free cash flow for the trailing twelve months is 88.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.60, a number that is poised to hit 0.28 in the next quarter and is forecasted to reach 1.79 in one year’s time.
Technical Analysis of Zillow Group Inc (ZG)
Looking closely at Zillow Group Inc (NASDAQ: ZG), its last 5-days average volume was 0.48 million, which is a drop from its year-to-date volume of 0.64 million. As of the previous 9 days, the stock’s Stochastic %D was 89.79%. Additionally, its Average True Range was 2.05.
During the past 100 days, Zillow Group Inc’s (ZG) raw stochastic average was set at 98.09%, which indicates a significant increase from 94.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.43% in the past 14 days, which was lower than the 50.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $50.03, while its 200-day Moving Average is $48.60. However, in the short run, Zillow Group Inc’s stock first resistance to watch stands at $58.95. Second resistance stands at $60.06. The third major resistance level sits at $61.90. If the price goes on to break the first support level at $56.01, it is likely to go to the next support level at $54.17. Should the price break the second support level, the third support level stands at $53.06.
Zillow Group Inc (NASDAQ: ZG) Key Stats
There are 236,186K outstanding shares of the company, which has a market capitalization of 13.37 billion. As of now, sales total 1,945 M while income totals -158,000 K. Its latest quarter income was 572,000 K while its last quarter net income were -17,000 K.
