Media coverage about CoStar Group (NASDAQ:CSGP) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. CoStar Group earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 45.4380331359434 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
A number of equities analysts have recently commented on CSGP shares. SunTrust Banks reaffirmed a “buy” rating and issued a $335.00 target price on shares of CoStar Group in a report on Friday, October 27th. Needham & Company LLC reaffirmed a “buy” rating and issued a $325.00 target price on shares of CoStar Group in a report on Friday, October 27th. B. Riley reaffirmed a “buy” rating and issued a $350.00 target price (up from $335.00) on shares of CoStar Group in a report on Thursday, October 26th. Bank of America reaffirmed a “buy” rating and issued a $306.00 target price on shares of CoStar Group in a report on Thursday, October 5th. Finally, Goldman Sachs Group started coverage on shares of CoStar Group in a report on Wednesday, November 8th. They issued a “buy” rating and a $359.00 target price on the stock. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $334.67.
CoStar Group (NASDAQ:CSGP) traded up $2.28 during trading hours on Friday, reaching $311.39. 142,226 shares of the company were exchanged, compared to its average volume of 213,575. CoStar Group has a 1 year low of $190.50 and a 1 year high of $314.73. The company has a current ratio of 3.96, a quick ratio of 3.96 and a debt-to-equity ratio of 0.15. The stock has a market cap of $11,114.74, a price-to-earnings ratio of 94.08, a price-to-earnings-growth ratio of 3.39 and a beta of 1.56.
CoStar Group (NASDAQ:CSGP) last posted its quarterly earnings data on Wednesday, October 25th. The technology company reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.13 by $0.28. CoStar Group had a net margin of 11.63% and a return on equity of 7.63%. The firm had revenue of $248.00 million for the quarter, compared to analyst estimates of $243.44 million. During the same period last year, the firm posted $1.11 EPS. CoStar Group’s quarterly revenue was up 16.4% on a year-over-year basis. equities research analysts anticipate that CoStar Group will post 3.99 earnings per share for the current year.
CoStar Group Company Profile
CoStar Group, Inc (CoStar) is a provider of information, analytics and online marketplaces to the commercial real estate and related business community through its database of commercial real estate information covering the United States, the United Kingdom, and parts of Canada, Spain, Germany and France.
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