Zillow Group Inc (NASDAQ: Z)’s stock price has dropped by -0.05 in relation to previous closing price of 43.67. Nevertheless, the company has seen a gain of 3.34% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-19 that Investors interested in stocks from the Real Estate – Operations sector have probably already heard of KE Holdings Inc. Sponsored ADR (BEKE) and Zillow (Z). But which of these two companies is the best option for those looking for undervalued stocks?
Is It Worth Investing in Zillow Group Inc (NASDAQ: Z) Right Now?
Additionally, the 36-month beta value for Z is 1.78. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for Z is 156.61M and currently, short sellers hold a 9.19% ratio of that float. The average trading volume of Z on April 30, 2024 was 4.08M shares.
Z’s Market Performance
The stock of Zillow Group Inc (Z) has seen a 3.34% increase in the past week, with a -10.52% drop in the past month, and a -25.27% fall in the past quarter. The volatility ratio for the week is 3.40%, and the volatility levels for the past 30 days are at 3.08% for Z. The simple moving average for the past 20 days is -2.45% for Z’s stock, with a -11.66% simple moving average for the past 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 -12.60% 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 -28.59% of loss for the given period.
Volatility was left at 3.08%, however, over the last 30 days, the volatility rate increased by 3.40%, as shares sank -9.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.64% lower at present.
During the last 5 trading sessions, Z rose by +3.34%, which changed the moving average for the period of 200-days by -19.42% in comparison to the 20-day moving average, which settled at $44.52. In addition, Zillow Group Inc saw -24.56% 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 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 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 5.46. 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 seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
