Zillow Group Inc (NASDAQ: Z) is -6.95% lower on its value in year-to-date trading and has touched a low of $33.80 and a high of $61.13 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The Z stock was last observed hovering at around $54.01 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $53.84, the stock is 1.42% and 7.40% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.13 million and changing -0.31% at the moment leaves the stock 9.21% off its SMA200. Z registered 2.51% gain for a year compared to 6-month loss of -1.19%.
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The stock witnessed a 25.71% gain in the last 1 month and extending the period to 3 months gives it a 28.44%, and is -6.07% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.20% over the week and 3.84% over the month.
Zillow Group Inc (Z) has around 6263 employees, a market worth around $12.46B and $2.07B in sales. Fwd P/E is 29.67. Profit margin for the company is -6.81%. Distance from 52-week low is 59.29% and -11.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.77%).
Zillow Group Inc quarterly earnings per share for the current quarter are estimated at 0.29 with sales reaching $555.32M over the same period.The EPS is expected to grow by 3.36% this year, but quarterly earnings will post 12.60% year-over-year. Quarterly sales are estimated to grow 15.60% in year-over-year returns.
619.0 institutions hold shares in Zillow Group Inc (Z), with institutional investors hold 106.62% of the company’s shares. The shares outstanding are 171.85M, and float is at 151.43M with Short Float at 10.68%. Institutions hold 100.59% of the Float.
The top institutional shareholder in the company is CALEDONIA (PRIVATE) INVESTMENTS PTY LTD with over 36.25 million shares valued at $1.68 billion. The investor’s holdings represent 15.4449 of the Z Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 21.65 million shares valued at $1.0 billion to account for 9.2232 of the shares outstanding. The other top investors are INDEPENDENT FRANCHISE PARTNERS LLP which holds 12.02 million shares representing 5.1225 and valued at over $557.71 million, while BLACKROCK INC. holds 3.7052 of the shares totaling 8.7 million with a market value of $403.4 million.
Zillow Group Inc (Z) Insider Activity
The most recent transaction is an insider sale by BLACHFORD ERIK C, the company’s Director. SEC filings show that BLACHFORD ERIK C sold 1,413 shares of the company’s common stock on Sep 03 ’24 at a price of $54.87 per share for a total of $77531.0. Following the sale, the insider now owns 35403.0 shares.
Still, SEC filings show that on Aug 28 ’24, Hofmann Jeremy (Chief Financial Officer) disposed off 7,155 shares at an average price of $56.89 for $0.41 million. The insider now directly holds 111,239 shares of Zillow Group Inc (Z).
