The stock of Zillow Group Inc (ZG) has seen a -3.84% decrease in the past week, with a -19.64% drop in the past month, and a -17.29% decrease in the past quarter. The volatility ratio for the week is 3.06%, and the volatility levels for the past 30 days are at 4.44% for ZG. The simple moving average for the past 20 days is -8.07% for ZG’s stock, with a -9.17% simple moving average for the past 200 days.
Is It Worth Investing in Zillow Group Inc (NASDAQ: ZG) Right Now?
The 36-month beta value for ZG is also noteworthy at 1.85. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 3 rating it as “overweight,” 11 rating it as “hold,” and 0 rating it as “sell.”
The public float for ZG is 53.23M, and at present, short sellers hold a 3.49% of that float. The average trading volume of ZG on April 11, 2024 was 723.76K shares.
ZG) stock’s latest price update
The stock price of Zillow Group Inc (NASDAQ: ZG) has dropped by -0.74 compared to previous close of 44.40. Despite this, the company has seen a fall of -3.84% in its stock price over the last five trading days. InvestorPlace reported 2024-04-10 that Zillow (NASDAQ: Z ) stock is a hot topic on Wednesday as the real estate platform company’s shares get updated coverage from Jefferies analysts. Jefferies analyst John Colantuoni updated his price target for Z stock from $70 per share to $75 per share.
Analysts’ Opinion of ZG
JMP Securities, on the other hand, stated in their research note that they expect to see ZG reach a price target of $60. The rating they have provided for ZG stocks is “Mkt Outperform” according to the report published on December 12th, 2023.
Deutsche Bank gave a rating of “Buy” to ZG, setting the target price at $50 in the report published on November 21st of the previous year.
ZG Trading at -14.61% from the 50-Day Moving Average
After a stumble in the market that brought ZG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.60% of loss for the given period.
Volatility was left at 4.44%, however, over the last 30 days, the volatility rate increased by 3.06%, as shares sank -18.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.65% lower at present.
During the last 5 trading sessions, ZG fell by -3.43%, which changed the moving average for the period of 200-days by -8.16% in comparison to the 20-day moving average, which settled at $47.44. In addition, Zillow Group Inc saw -22.30% 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 ZG starting from Samuelson Errol G, who sale 4,219 shares at the price of $49.60 back on Mar 26 ’24. After this action, Samuelson Errol G now owns 168,863 shares of Zillow Group Inc, valued at $209,278 using the latest closing price.
Hofmann Jeremy, the Chief Financial Officer of Zillow Group Inc, sale 7,813 shares at $54.76 during a trade that took place back on Mar 15 ’24, which means that Hofmann Jeremy is holding 137,347 shares at $427,873 based on the most recent closing price.
Stock Fundamentals for ZG
Current profitability levels for the company are sitting at:
- -0.11 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 (ZG), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 0.38. The interest coverage ratio of the stock is -6.11.
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 5.53. 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 summary, Zillow Group Inc (ZG) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as 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.
