A new trading day began on Monday, with Costar Group, Inc. (NASDAQ: CSGP) stock price down -0.23% from the previous day of trading, before settling in for the closing price of $74.48. CSGP’s price has ranged from $68.26 to $100.38 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Real Estate Sector giant saw their annual sales surged by 15.58% over the last five years. Meanwhile, its annual earnings per share averaged -43.60%. With a float of $404.97 million, this company’s outstanding shares have now reached $408.10 million.
The firm has a total of 6152 workers. Let’s measure their productivity. In terms of profitability, gross margin is 79.23%, operating margin of 1.28%, and the pretax margin is 9.67%.
Costar Group, Inc. (CSGP) Insider Activity
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 1.22%, while institutional ownership is 97.62%. The most recent insider transaction that took place on Oct 25 ’24, was worth 5,350,269. In this transaction Director of this company sold 71,633 shares at a rate of $74.69, taking the stock ownership to the 1,913,501 shares. Before that another transaction happened on Oct 25 ’24, when Company’s President and CEO bought 14,731 for $74.67, making the entire transaction worth $1,099,966. This insider now owns 1,263,098 shares in total.
Costar Group, Inc. (CSGP) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.33 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -43.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.80% 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 9.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.42. Likewise, its price to free cash flow for the trailing twelve months is 114.98.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.43, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 1.12 in one year’s time.
Technical Analysis of Costar Group, Inc. (CSGP)
Analysing the last 5-days average volume posted by the [Costar Group, Inc., CSGP], we can find that recorded value of 7.2 million was better than the volume posted last year of 2.37 million. As of the previous 9 days, the stock’s Stochastic %D was 51.87%. Additionally, its Average True Range was 2.37.
During the past 100 days, Costar Group, Inc.’s (CSGP) raw stochastic average was set at 45.27%, which indicates a significant decrease from 52.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.59% in the past 14 days, which was higher than the 24.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $76.40, while its 200-day Moving Average is $81.47. Now, the first resistance to watch is $75.36. This is followed by the second major resistance level at $76.41. The third major resistance level sits at $77.34. If the price goes on to break the first support level at $73.37, it is likely to go to the next support level at $72.44. Should the price break the second support level, the third support level stands at $71.39.
Costar Group, Inc. (NASDAQ: CSGP) Key Stats
With a market capitalization of 30.46 billion, the company has a total of 408,342K Shares Outstanding. Currently, annual sales are 2,455 M while annual income is 374,700 K. The company’s previous quarter sales were 692,600 K while its latest quarter income was 53,000 K.
