Zillow Group (NASDAQ:ZG – Get Free Report) will post its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Zillow Group to post earnings of $0.35 per share for the quarter. Zillow Group has set its Q1 2024 guidance at EPS.Parties that wish to listen to the company’s conference call can do so using this link.
Zillow Group (NASDAQ:ZG – Get Free Report) last issued its earnings results on Tuesday, February 13th. The technology company reported ($0.27) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.33) by $0.06. The business had revenue of $474.00 million for the quarter, compared to the consensus estimate of $450.75 million. Zillow Group had a negative net margin of 8.12% and a negative return on equity of 2.32%. On average, analysts expect Zillow Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Zillow Group Price Performance
Shares of ZG opened at $43.18 on Wednesday. The company has a market cap of $10.08 billion, a price-to-earnings ratio of -63.50 and a beta of 1.83. Zillow Group has a 1-year low of $33.23 and a 1-year high of $59.23. The company’s fifty day simple moving average is $49.22 and its 200 day simple moving average is $47.66. The company has a current ratio of 3.24, a quick ratio of 3.24 and a debt-to-equity ratio of 0.22.
Insiders Place Their Bets
Analyst Ratings Changes
ZG has been the subject of a number of research analyst reports. Benchmark lifted their price objective on shares of Zillow Group from $57.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, January 25th. Bank of America cut shares of Zillow Group from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 10th. Barclays lifted their price objective on shares of Zillow Group from $32.00 to $40.00 and gave the stock an “underweight” rating in a research report on Wednesday, February 21st. JMP Securities reaffirmed a “market outperform” rating and set a $68.00 price objective on shares of Zillow Group in a research report on Friday, April 12th. Finally, Piper Sandler boosted their target price on shares of Zillow Group from $70.00 to $72.00 and gave the company an “overweight” rating in a research report on Wednesday, February 14th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Zillow Group has a consensus rating of “Moderate Buy” and an average target price of $58.79.
Get Our Latest Stock Report on Zillow Group
Zillow Group Company Profile
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.
Read More
- Five stocks we like better than Zillow Group
- Following Congress Stock Trades
- Charles Schwab Fortifies its Uptrend on EPS Beat
- Stock Sentiment Analysis: How it Works
- Lockheed Martin Stock Aims for a Fresh All-Time High
- What Are Trending Stocks? Trending Stocks Explained
- Beyond the Halving: The Future of Bitcoin Mining Stocks
Receive News & Ratings for Zillow Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zillow Group and related companies with MarketBeat.com's FREE daily email newsletter.