On Friday, Zillow Group Inc (NASDAQ: Z) opened lower -0.23% from the last session, before settling in for the closing price of $59.79. Price fluctuations for Z have ranged from $33.80 to $68.73 over the past 52 weeks.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 16.49%. Company’s average yearly earnings per share was noted 4.74% at the time writing. With a float of $150.61 million, this company’s outstanding shares have now reached $171.85 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 (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 34.87%, while institutional ownership is 69.54%. The most recent insider transaction that took place on Sep 18 ’24, was worth 1,386,629. In this transaction Director of this company sold 20,625 shares at a rate of $67.23, taking the stock ownership to the 5,652 shares. Before that another transaction happened on Sep 18 ’24, when Company’s Director proposed sale 20,625 for $67.23, making the entire transaction worth $1,386,629.
Zillow Group Inc (Z) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.33 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.23) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 4.74% 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 6.66. Likewise, its price to free cash flow for the trailing twelve months is 91.35.
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 1.83 in one year’s time.
Technical Analysis of Zillow Group Inc (Z)
Looking closely at Zillow Group Inc (NASDAQ: Z), its last 5-days average volume was 2.42 million, which is a drop from its year-to-date volume of 3.76 million. As of the previous 9 days, the stock’s Stochastic %D was 3.13%. Additionally, its Average True Range was 2.20.
During the past 100 days, Zillow Group Inc’s (Z) raw stochastic average was set at 66.91%, which indicates a significant increase from 8.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.52% in the past 14 days, which was lower than the 50.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $60.16, while its 200-day Moving Average is $51.62. However, in the short run, Zillow Group Inc’s stock first resistance to watch stands at $60.65. Second resistance stands at $61.65. The third major resistance level sits at $62.20. If the price goes on to break the first support level at $59.10, it is likely to go to the next support level at $58.55. Should the price break the second support level, the third support level stands at $57.55.
Zillow Group Inc (NASDAQ: Z) Key Stats
There are currently 236,186K shares outstanding in the company with a market cap of 13.79 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.
