Zillow Group Cl C (NASDAQ:Z) shares traded 3.44% up during most recent session to reach at the closing price of $35.44. The stock exchanged hands 2.65 Million shares versus average trading capacity of 2.91 Million shares, yielding a market cap of $4.93 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $37.67 within the next 52-weeks. The mean target projections are based on 3 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Zillow Group Cl C (NASDAQ:Z) high price target of $42 and with a conservative view have low price target of $31.
Needham “Initiates Coverage On” Zillow Group Cl C (NASDAQ:Z) in a research note issued to investors on 1/08/19 to Hold with price target of $0.
Additionally on 11/29/18 Craig-Hallum “Upgrades” Zillow Group Cl C (NASDAQ:Z) to Buy setting price target at $50 and on 11/26/18 Standpoint Research “Initiates Coverage On” the stock to Buy at $48. Furthermore on 11/08/18 Morgan Stanley “Maintained” the stock to Equal-Weight at $33.
On the other hand the company has Relative Strength Index (RSI 14) of 58.64 along with Average True Range (ATR 14) of 1.41, Consequently Zillow Group Cl C (NASDAQ:Z)’s weekly and monthly volatility is 3.74%, 4.27% respectively. The company’s beta value is at 0.
In terms of Buy, Sell or Hold recommendations, Zillow Group Cl C (NASDAQ:Z) has analysts’ mean recommendation of 0. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Zillow Group Cl C (NASDAQ:Z)’s minimum EPS for the current quarter is at $-0.02 and can go high up to $0.03. The consensus mean EPS for the current quarter is at $0.01 derived from a total of 4 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.19 earnings per share for the same quarter during last year.
Previously Zillow Group Cl C (NASDAQ:Z) reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.01. The company posted an earnings surprise of 5.9%.
Zillow Group Cl C (NASDAQ:Z)’s revenue estimates for the current quarter are $349.95 Million according to 4 number of analysts, for the current quarter the company has high revenue estimates of $352.9 Million in contradiction of low revenue estimates of $348.44 Million. For the current year the company’s revenue estimates are $1.32 Billion compared to low analyst estimates of $1.32 Billion and high estimates of $1.32 Billion according to 5 number of analysts.
Currently Zillow Group Cl C (NASDAQ:Z)’s shares owned by insiders are 1.16%, whereas shares owned by institutional owners are 2.55%. However the six-month change in the insider ownership was recorded 144.69%, as well as three-month change in the institutional ownership was recorded 0%.
Zillow Group Cl C (NASDAQ:Z)’s trailing twelve month revenues are $1.25 Billion, whereas its price to sales ratio for the same period is 3.94. Its book value per share for the most recent quarter is $16.34 while its price to book ratio for the same period is 2.17, as for as the company’s cash per share for the most recent quarter is $0, however its price to cash per share ratio for the same period is 0. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.