Costar Group, Inc (NASDAQ: CSGP)’s stock price has increased by 1.12 compared to its previous closing price of 76.44. However, the company has seen a 4.23% increase in its stock price over the last five trading sessions. businesswire.com reported 2025-01-22 that LONDON–(BUSINESS WIRE)–CoStar Group, Inc. (NASDAQ: CSGP) (“CoStar Group,” “we” or “our”), a leading provider of online real estate marketplaces, information, and analytics in the property markets, has announced a new client partnership with Bray Fox Smith, a London-based commercial property consultancy focusing on Office Agency and Multi-Sector Investment and Development. This partnership will allow Bray Fox Smith to leverage CoStar’s unrivalled commercial real estate data and analytics platf.
Is It Worth Investing in Costar Group, Inc (NASDAQ: CSGP) Right Now?
Costar Group, Inc (NASDAQ: CSGP) has a price-to-earnings ratio that is above its average at 179.76x. The stock has a 36-month beta value of 0.87. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 6 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for CSGP is 405.08M, and at present, short sellers hold a 3.30% of that float. On January 28, 2025, the average trading volume of CSGP was 2.57M shares.
CSGP’s Market Performance
The stock of Costar Group, Inc (CSGP) has seen a 4.23% increase in the past week, with a 5.96% rise in the past month, and a 4.58% gain in the past quarter. The volatility ratio for the week is 2.64%, and the volatility levels for the past 30 days are at 2.50% for CSGP. The simple moving average for the past 20 days is 6.52% for CSGP’s stock, with a -0.35% simple moving average for the past 200 days.
Analysts’ Opinion of CSGP
Many brokerage firms have already submitted their reports for CSGP stocks, with RBC Capital Mkts repeating the rating for CSGP by listing it as a “Sector Perform.” The predicted price for CSGP in the upcoming period, according to RBC Capital Mkts is $83 based on the research report published on October 23, 2024 of the previous year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see CSGP reach a price target of $97, previously predicting the price at $90. The rating they have provided for CSGP stocks is “Buy” according to the report published on February 07th, 2024.
CSGP Trading at 3.48% from the 50-Day Moving Average
After a stumble in the market that brought CSGP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.00% of loss for the given period.
Volatility was left at 2.50%, however, over the last 30 days, the volatility rate increased by 2.64%, as shares surge +5.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.38% upper at present.
During the last 5 trading sessions, CSGP rose by +4.11%, which changed the moving average for the period of 200-days by -14.83% in comparison to the 20-day moving average, which settled at $72.56. In addition, Costar Group, Inc saw 7.97% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CSGP starting from Hill John W, who sale 2,735 shares at the price of $76.76 back on Dec 10 ’24. After this action, Hill John W now owns 17,499 shares of Costar Group, Inc, valued at $209,939 using the latest closing price.
Hill John W, the Director of Costar Group, Inc, proposed sale 2,735 shares at $78.65 during a trade that took place back on Dec 10 ’24, which means that Hill John W is holding shares at $215,100 based on the most recent closing price.
Stock Fundamentals for CSGP
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.78 for the gross margin
The net margin for Costar Group, Inc stands at 0.07. The total capital return value is set at 0.0. Equity return is now at value 2.38, with 1.96 for asset returns.
Based on Costar Group, Inc (CSGP), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at 0.4. The debt to equity ratio resting at 0.15. The interest coverage ratio of the stock is 0.42.
Currently, EBITDA for the company is 389.8 million with net debt to EBITDA at -22.46. When we switch over and look at the enterprise to sales, we see a ratio of 10.39. The receivables turnover for the company is 14.45for 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 9.63.
Conclusion
To sum up, Costar Group, Inc (CSGP) has seen a better performance recently. Analysts have differing views on the stock, with some seeing 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.