Zillow Group Inc (NASDAQ: Z) on Friday, soared 1.97% from the previous trading day, before settling in for the closing price of $82.15. Within the past 52 weeks, Z’s price has moved between $38.45 and $82.68.
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
Annual sales at Communication Services sector company grew by 16.49% over the past five years. The company achieved an average annual earnings per share of 7.51%. With a float of $152.66 million, this company’s outstanding shares have now reached $171.85 million.
Let’s look at the performance matrix of the company that is accounted for 6263 employees. In terms of profitability, gross margin is 76.44%, operating margin of -10.81%, and the pretax margin is -5.84%.
Zillow Group Inc (Z) Insider Updates
Observing investor behavior towards Internet Content & Information industry stocks is more important than anything else. The insider ownership of Zillow Group Inc is 34.64%, while institutional ownership is 68.25%. The most recent insider transaction that took place on Nov 22 ’24, was worth 863,509. Before that another transaction happened on Nov 22 ’24, when Company’s Officer proposed sale 11,603 for $84.00, making the entire transaction worth $974,652.
Zillow Group Inc (Z) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 7.51% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.60% 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
Zillow Group Inc (Z) is currently performing well based on its current performance indicators. A quick ratio of 3.13 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.18. Likewise, its price to free cash flow for the trailing twelve months is 79.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.57, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 1.80 in one year’s time.
Technical Analysis of Zillow Group Inc (Z)
Zillow Group Inc (NASDAQ: Z) saw its 5-day average volume 3.66 million, a negative change from its year-to-date volume of 3.76 million. As of the previous 9 days, the stock’s Stochastic %D was 94.05%. Additionally, its Average True Range was 3.14.
During the past 100 days, Zillow Group Inc’s (Z) raw stochastic average was set at 97.73%, which indicates a significant increase from 96.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 94.32% in the past 14 days, which was higher than the 58.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $65.81, while its 200-day Moving Average is $53.02. Nevertheless, the first resistance level for the watch stands at $85.12 in the near term. At $86.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $88.19. If the price goes on to break the first support level at $82.05, it is likely to go to the next support level at $80.33. Assuming the price breaks the second support level, the third support level stands at $78.97.
Zillow Group Inc (NASDAQ: Z) Key Stats
Market capitalization of the company is 19.79 billion based on 233,559K outstanding shares. Right now, sales total 1,945 M and income totals -158,000 K. The company made 581,000 K in profit during its latest quarter, and -20,000 K in sales during its previous quarter.