On Tuesday, Costar Group, Inc (NASDAQ: CSGP) opened lower -0.61% from the last session, before settling in for the closing price of $75.87. Price fluctuations for CSGP have ranged from $68.26 to $100.38 over the past 52 weeks.
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A company in the Real Estate sector has jumped its sales by 15.58% annually for the last half of the decade. Company’s average yearly earnings per share was noted -43.55% at the time writing. With a float of $405.02 million, this company’s outstanding shares have now reached $408.10 million.
In an organization with 6152 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 78.1%, operating margin of 0.95%, and the pretax margin is 9.67%.
Costar Group, Inc (CSGP) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Real Estate Services industry is another important factor to consider. The insider ownership of Costar Group, Inc is 1.20%, while institutional ownership is 97.92%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -43.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.70% 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
Check out the current performance indicators for Costar Group, Inc (CSGP). In the past quarter, the stock posted a quick ratio of 9.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.59. Likewise, its price to free cash flow for the trailing twelve months is 116.68.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 2.79 million. That was better than the volume of 2.38 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 72.48%. Additionally, its Average True Range was 2.06.
During the past 100 days, Costar Group, Inc’s (CSGP) raw stochastic average was set at 53.49%, which indicates a significant decrease from 59.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.22% in the past 14 days, which was lower than the 24.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $76.02, while its 200-day Moving Average is $80.99. However, in the short run, Costar Group, Inc’s stock first resistance to watch stands at $76.01. Second resistance stands at $76.60. The third major resistance level sits at $77.05. If the price goes on to break the first support level at $74.96, it is likely to go to the next support level at $74.51. The third support level lies at $73.92 if the price breaches the second support level.
Costar Group, Inc (NASDAQ: CSGP) Key Stats
There are currently 409,960K shares outstanding in the company with a market cap of 30.92 billion. Presently, the company’s annual sales total 2,455 M according to its annual income of 374,700 K. Last quarter, the company’s sales amounted to 692,600 K and its income totaled 53,000 K.
