Tuesday, November 24, 2020

Zillow Group Inc. [Z] gain 129.67% so far this year. What now?

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Zillow Group Inc. [NASDAQ: Z] traded at a high on 10/07/20, posting a 0.50 gain after which it closed the day’ session at $105.51. The company report on October 7, 2020 that Zillow and Yelp Name Top Affordable U.S. Suburbs With a City Feel.

Suburbs are ranked based on new Cityness Index, which considers affordability and urban amenities.


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More and more Americans are working remotely and rethinking how and where they want to live. Urban amenities — like restaurants, nightlife, museums and sports venues — have long drawn Americans to live in large cities. While demand remains strong there, many buyers are seeking a new balance of indoor and outdoor space and affordability while still maintaining that big-city feel.

The results of the trading session contributed to over 3542702 shares changing hands. Over the past one week, the price volatility of Zillow Group Inc. stands at 4.81% while the volatility over the past one month is 4.87%.

The market cap for Z stock reached $16.96 billion, with 160.77 million shares outstanding and 155.29 million shares in the current float. Compared to the average trading volume of 3.64M shares, Z reached a trading volume of 3542702 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Zillow Group Inc. [Z]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for Z shares is $94.24 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on Z stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Standpoint Research have made an estimate for Zillow Group Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on August 03, 2020. The new note on the price target was released on June 08, 2020, representing the official price target for Zillow Group Inc. stock.

The Average True Range (ATR) for Zillow Group Inc. is set at 4.81, with the Price to Sales ratio for Z stock in the period of the last 12 months amounting to 4.73. The Price to Book ratio for the last quarter was 5.93.

How has Z stock performed recently?

Zillow Group Inc. [Z] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.86. With this latest performance, Z shares gained by 30.81% in over the last four-week period, additionally plugging by 169.23% over the last 6 months – not to mention a rise of 265.59% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for Z stock in for the last two-week period is set at 66.88, with the RSI for the last a single of trading hit 65.27, and the three-weeks RSI is set at 68.13 for Zillow Group Inc. [Z]. The present Moving Average for the last 50 days of trading for this stock 86.79, while it was recorded at 107.26 for the last single week of trading, and 58.99 for the last 200 days.

Zillow Group Inc. [Z]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Zillow Group Inc. [Z] shares currently have an operating margin of -9.00 and a Gross Margin at +45.53. Zillow Group Inc.’s Net Margin is presently recorded at -11.13.

Return on Total Capital for Z is now -4.91, given the latest momentum, and Return on Invested Capital for the company is -6.66. Return on Equity for this stock declined to -9.11, with Return on Assets sitting at -5.86. When it comes to the capital structure of this company, Zillow Group Inc. [Z] has a Total Debt to Total Equity ratio set at 73.15. Additionally, Z Total Debt to Total Capital is recorded at 42.25, with Total Debt to Total Assets ending up at 40.98. Long-Term Debt to Equity for the company is recorded at 51.34, with the Long-Term Debt to Total Capital now at 29.65.

Reflecting on the efficiency of the workforce at the company, Zillow Group Inc. [Z] managed to generate an average of -$58,175 per employee. Receivables Turnover for the company is 41.22 with a Total Asset Turnover recorded at a value of 0.53.

Earnings analysis for Zillow Group Inc. [Z]

With the latest financial reports released by the company, Zillow Group Inc. posted -0.12/share EPS, while the average EPS was predicted by analysts to be reported at -0.22/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 45.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for Z.

Insider trade positions for Zillow Group Inc. [Z]

There are presently around $18,431 million, in the hands of institutional investors. The top three institutional holders of Z stocks are: CALEDONIA (PRIVATE) INVESTMENTS PTY LTD with ownership of 36,394,056, which is approximately 1.057% of the company’s market cap and around 11.95% of the total institutional ownership; BAILLIE GIFFORD & CO, holding 11,443,321 shares of the stock with an approximate value of $1.21 billion in Z stocks shares; and VANGUARD GROUP INC, currently with $1.17 billion in Z stock with ownership of nearly 11.343% of the company’s market capitalization.

Positions in Zillow Group Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 210 institutional holders increased their position in Zillow Group Inc. [NASDAQ:Z] by around 19,925,120 shares. Additionally, 108 investors decreased positions by around 10,866,743 shares, while 39 investors held positions by with 143,892,233 shares. The mentioned changes placed institutional holdings at 174,684,096 shares, according to the latest SEC report filing. Z stock had 100 new institutional investments in for a total of 7,438,211 shares, while 32 institutional investors sold positions of 1,545,494 shares during the same period.

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