Zillow Group Inc. (Z): Here Are Some Research Recommendations

Zillow Group Inc. (NASDAQ:Z) trading with an addition of $3.93 to $92.27 on Thursday, an upside of 4.45 percent. An average of 3,041,634 shares of common stock have been traded in the last five days. There was a gain of $3.91 in the past week. The last 20 days have seen an average of 3,733,919 shares traded, while the 50-day average volume stands at 3,473,023.

Z stock has decreased by -10.15% in the last month. The company shares reached their 1-month lowest point of $83.93 on 10/04/21. With the stock rallying to its 52-week high on 02/16/21, shares of the company touched a low of $83.93 and a high of $208.11 in 52 weeks. In spite of this, the price is down -55.66% from the 52-week high.


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Insider Transactions

29 days have passed since Zillow Group Inc. (Z) last reported insider trading activity. Daimler Susan, who is President of Zillow, most recently acquired $23,309 shares at $95.20 per share on Sep 08. In this transaction, the insider spent $2,219,131. Chief People Officer, Spaulding Dan, disposed of 801 shares at a price of $94.77 on Aug 18. The insider now owns more than $75,910 worth of shares. Prior to that, Chief Technology Officer Beitel David A. went on to Sale 1,276 shares at $94.80 each on Aug 18. An amount of $120,962 was transacted.

Valuation Metrics

Zillow Group Inc. (Z) has a trailing price-to-earnings (P/E) ratio of 385.76, which compares with the 30.20 for the broader industry and 30.90 for the sector. This means investors are optimistic about the stock’s future prospects. In the last five years, Zillow Group Inc.’s PE ratio has ranged between 916.94 and 147.21. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.00, the price-to-book (PB) ratio at 3.96.

On the profitability front, the trailing 12-month gross margin 5-year average of 73.5%. Zillow Group Inc.’s EBITDA margin for the year ending June 29 is 5.08%. Its gross profit as reported stood at $1.58 billion compared to revenue of $3.34 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. Zillow Group Inc.’s return on assets was -4.3% over the last five years. For the broader industry, ROE averaged 7.41 over the past year.

Earnings Surprise

The analyst consensus anticipated Zillow Group Inc.’s latest quarter earnings to come in at $0.24 per share, but it turned out to be $0.44, a 83.30% surprise. For the quarter, EBITDA amounted to $127.41 million. Shareholders own equity worth $253.56 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Zillow Group Inc. (Z) price momentum. RSI 9-day as of the close on 06 October was 54.09%, suggesting the stock is Neutral, with historical volatility in this time frame at 48.50%.

As of today, Z’s price is $88.53 +4.44% or $3.91 from its 5-day moving average. Z is currently trading -1.18% lower than its 20-day SMA and -16.45% lower than its 100-day SMA. However, the stock’s current price level is -16.51% below the SMA50 and -32.51% below the SMA200.

The stochastic %K and %D were 36.42% and 26.62%, respectively, and the average true range (ATR) was 3.67. With the 14-day stochastic at 58.76% and the average true range at 3.61, the RSI (14) stands at 49.53%. The stock has reached 0.64 on the 9-day MACD Oscillator while the 14-day reading was at -1.43.

Analyst Ratings

Standpoint Research downgraded Zillow Group Inc. (NASDAQ: Z) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a a Buy.The consensus rating for Zillow Group Inc. (Z) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell Z, while 6 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 14 others rate it as a “buy”.

What is Z’s price target for the next 12 months?

Analysts predict a range of price targets between $100.00 and $217.00, with a median target of $162.00. Taking a look at these predictions, the average price target given by analysts for Zillow Group Inc. (Z) stock is $158.47.

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