William Blair started coverage on shares of Zillow Group (NASDAQ:ZG - Get Free Report) in a research note issued to investors on Monday, Marketbeat Ratings reports. The brokerage set a "market perform" rating on the technology company's stock. William Blair also issued estimates for Zillow Group's FY2025 earnings at $0.42 EPS and FY2026 earnings at $1.53 EPS.
A number of other analysts also recently issued reports on ZG. Bank of America raised their price target on shares of Zillow Group from $81.00 to $84.00 and gave the stock a "neutral" rating in a report on Wednesday, February 12th. KeyCorp reduced their target price on Zillow Group from $95.00 to $85.00 and set an "overweight" rating on the stock in a research report on Tuesday, March 18th. Piper Sandler decreased their price target on Zillow Group from $93.00 to $90.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 12th. Citigroup cut their price objective on Zillow Group from $98.00 to $87.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. Finally, Baird R W raised shares of Zillow Group to a "hold" rating in a research report on Friday, January 31st. One analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $81.05.
View Our Latest Stock Analysis on Zillow Group
Zillow Group Trading Up 0.6 %
NASDAQ ZG traded up $0.37 on Monday, reaching $65.19. 212,713 shares of the company were exchanged, compared to its average volume of 572,359. The business's fifty day moving average price is $67.88 and its 200 day moving average price is $70.72. The stock has a market capitalization of $15.81 billion, a P/E ratio of -138.70, a price-to-earnings-growth ratio of 8.90 and a beta of 2.22. Zillow Group has a fifty-two week low of $38.06 and a fifty-two week high of $86.58.
Zillow Group (NASDAQ:ZG - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The technology company reported ($0.22) EPS for the quarter, missing the consensus estimate of $0.26 by ($0.48). Zillow Group had a negative return on equity of 2.12% and a negative net margin of 5.01%. Equities research analysts forecast that Zillow Group will post 0.32 earnings per share for the current year.
Insider Activity
In other Zillow Group news, CAO Jennifer Rock sold 5,796 shares of Zillow Group stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $75.50, for a total transaction of $437,598.00. Following the completion of the sale, the chief accounting officer now directly owns 51,370 shares of the company's stock, valued at $3,878,435. The trade was a 10.14 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CTO David A. Beitel sold 2,025 shares of the stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $77.75, for a total value of $157,443.75. Following the completion of the transaction, the chief technology officer now owns 151,046 shares in the company, valued at approximately $11,743,826.50. The trade was a 1.32 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 98,919 shares of company stock worth $7,869,478. 17.14% of the stock is currently owned by company insiders.
Institutional Trading of Zillow Group
Several institutional investors have recently modified their holdings of the stock. Pilgrim Partners Asia Pte Ltd acquired a new stake in Zillow Group during the 4th quarter worth $27,000. Blue Trust Inc. grew its holdings in shares of Zillow Group by 70.2% during the fourth quarter. Blue Trust Inc. now owns 417 shares of the technology company's stock worth $30,000 after purchasing an additional 172 shares during the last quarter. Salem Investment Counselors Inc. acquired a new stake in shares of Zillow Group during the first quarter worth about $42,000. Asset Dedication LLC purchased a new stake in shares of Zillow Group in the 4th quarter valued at about $47,000. Finally, CX Institutional acquired a new stake in shares of Zillow Group in the 1st quarter valued at about $46,000. Hedge funds and other institutional investors own 20.32% of the company's stock.
About Zillow Group
(
Get Free Report)
Zillow Group, Inc operates real estate brands in mobile applications and Websites in the United States. The company offers premier agent and rentals marketplaces, new construction marketplaces, advertising, display advertising, and business technology solutions, as well as dotloop and floor plans. It also provides mortgage originations and the sale of mortgages, and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.
Further Reading
Before you consider Zillow Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zillow Group wasn't on the list.
While Zillow Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
