Should You Invest in Zillow Group Inc (Z) Now?

The 36-month beta value for Z is at 1.76. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”

The public float for Z is 153.84M, and currently, shorts hold a 9.72% of that float. The average trading volume for Z on March 27, 2024 was 4.02M shares.

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Z) stock’s latest price update

Zillow Group Inc (NASDAQ: Z)’s stock price has decreased by -0.83 compared to its previous closing price of 49.31. However, the company has seen a 1.56% increase in its stock price over the last five trading sessions. Barrons reported 2024-03-22 that Zillow calls itself a “housing super app.” The stock has recently been hammered by fears over the freeing up of commissions, which help pay the bills.

Z’s Market Performance

Z’s stock has risen by 1.56% in the past week, with a monthly drop of -8.89% and a quarterly drop of -16.82%. The volatility ratio for the week is 4.16% while the volatility levels for the last 30 days are 4.76% for Zillow Group Inc The simple moving average for the last 20 days is -8.91% for Z stock, with a simple moving average of -1.79% for the last 200 days.

Analysts’ Opinion of Z

Jefferies, on the other hand, stated in their research note that they expect to see Z reach a price target of $75, previously predicting the price at $95. The rating they have provided for Z stocks is “Buy” according to the report published on February 03rd, 2022.

Z Trading at -10.54% from the 50-Day Moving Average

After a stumble in the market that brought Z to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.01% of loss for the given period.

Volatility was left at 4.76%, however, over the last 30 days, the volatility rate increased by 4.16%, as shares sank -10.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.60% lower at present.

During the last 5 trading sessions, Z rose by +1.56%, which changed the moving average for the period of 200-days by +5.14% in comparison to the 20-day moving average, which settled at $53.39. In addition, Zillow Group Inc saw -15.49% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at Z starting from Hofmann Jeremy, who sale 7,813 shares at the price of $54.76 back on Mar 15 ’24. After this action, Hofmann Jeremy now owns 137,347 shares of Zillow Group Inc, valued at $427,873 using the latest closing price.

BLACHFORD ERIK C, the Director of Zillow Group Inc, sale 67,423 shares at $53.40 during a trade that took place back on Mar 05 ’24, which means that BLACHFORD ERIK C is holding 0 shares at $3,600,667 based on the most recent closing price.

Stock Fundamentals for Z

Current profitability levels for the company are sitting at:

  • -0.12 for the present operating margin
  • 0.78 for the gross margin

The net margin for Zillow Group Inc stands at -0.07. The total capital return value is set at -0.04. Equity return is now at value -3.51, with -2.39 for asset returns.

Based on Zillow Group Inc (Z), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 0.4. The interest coverage ratio of the stock is -6.44.

Currently, EBITDA for the company is 126.0 million with net debt to EBITDA at 2.7. When we switch over and look at the enterprise to sales, we see a ratio of 6.01. The receivables turnover for the company is 20.26for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.24.

Conclusion

In conclusion, Zillow Group Inc (Z) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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